AMSC ASA: Notice of Annual General Meeting

01 Apr 2025 20:02 CEST

Lysaker, 1 April 2025

The annual general meeting of AMSC ASA will be held on Thursday, 24 April 2025
at 08:30 (CEST).

Reference is made to the stock exchange notice by AMSC ASA (the "Company" or
"AMSC") on 22 January 2025 where it was announced that AMSC intends to
distribute 91,422,601 shares in Solstad Maritime Holding AS ("SMH") to its
shareholders in connection with the listing of SMH on Euronext Oslo Børs,
followed by a liquidation of AMSC. The board of directors has proposed that the
annual general meeting approve, among other things, the distribution of AMSC's
shares in SMH as a dividend-in-kind and that AMSC shall be liquidated.

The meeting will be conducted as a virtual meeting only, accessible online via
Lumi AGM. All shareholders will be able to participate in the meeting, vote and
ask questions from smartphones, tablets or desktop devices. For further
information regarding electronic participation, please refer to the guide
available at www.amscasa.com.

Although no pre-registration is needed for attending online, shareholders that
are eligible for attending and voting at the annual general meeting are
encouraged to register their attendance no later than 22 April 2025 at 25:59
(CEST). Attendees must be logged in before the meeting starts to be able to
vote. Deadline for registration of advance votes and proxies is 22 April 2025 at
23:59 (CEST).

Please find attached the following documents:

· Notice of Annual General Meeting 2025, incl. proxy form
· The Board of Directors' proposed resolutions
· Remuneration report for executive management for 2024
· The policy for salary and other remuneration of executives of AMSC ASA
· Recommendations from the Nomination Committee
· Guidelines for online participation

All documents to be processed in the meeting, as well as the participation link
and guidelines for online participation, will also be made available on
www.amscasa.com.

Company contacts:

Pål Magnussen, Chief Executive Officer

+47 90 54 59 59

Morten Bakke, Chief Financial Officer

+47 90 09 55 94

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

642793_AMSC_ASA_AGM_2025_The_Board_of_Directors_reasoning_and_proposal_for_the_resolutions_34625123_1.pdf
642793_AMSC_AGM_2025_Notice_proxy_34625118_1.pdf
642793_AMSC_Remuneration_report_for_2024_34624983_1.pdf
642793_AMSC_AGM_2025_Policy_for_remuneration_of_executive_management_34625136_1.pdf
642793_AMSC_ASA_AGM_2025_Online_Guide_for_AGM_34625141_1.pdf
642793_Proposal_from_the_nomination_committee_AMSC_ASA_2025_34625132_1.pdf