Knox Energy Solutions AS - Annual general meeting completed and notice of reverse share split

15 Jul 2024 08:00 CEST

(Oslo, 15 July 2024) Knox Energy Solutions AS (Knox, OSE: KNOX) announces that
its annual general meeting was held Friday, 12 July 2024, as a virtual meeting,
with no physical attendance. The decision was made to do a reverse share split
of 100:1 of the shares.

All items on the agenda were adopted in accordance with the proposals of the
board of directors of Knox. The minutes from the Annual General Meeting will be
made available on the company's website.

The decision was made by the required majority to do a reverse share split. The
reverse share split was decided as follows:

· 100 old shares will give one new share
· Last inclusive trading day:  Wednesday,17 July 2024
· First exclusive trading day:  Thursday, 18 July 2024
· Record date for shareholder register:  Wednesday, 17 July 2024

The majority owner Blue Concept will transfer shares to shareholders holding
less than 100 old shares to receive one new share. Other shareholders will be
rounded up to the nearest share.

The protocol from the annual general meeting and an updated company presentation
are enclosed with this announcement.

For further information, please contact:

Geir Aune, Chairman, ga@knox-energy.com

Harald B. Hansen, CEO,?hh@knox-energy.com

About Knox | knox-energy.com

Knox Energy Solutions AS is an international energy company, with a holding in
Rapid Oil Production Ltd. (Rapid), a UK-based oil and gas company backed by a
highly experienced board and management team.?Knox Energy Solutions AS is listed
on Euronext Growth under the ticker KNOX.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

623622_Knox_ES_AGM_12_07_24.pdf
623622_Knox_AGM_protocol_12_07_2024.pdf