March 5, 2019
Hamilton, Bermuda

Key information on which the corporate action was made public: March 4, 2019.

Reverse split ratio: 10 shares of a par value of USD 0.01 will each become 1 share of a par value of USD 0.10.

Last day including right: March 6, 2019
Ex-date: March 7, 2019
Record date: March 8, 2019
Date of approval: March 4, 2019

This information is published in accordance with the requirements of the Continuing Obligations and applies to shares listed on Oslo Stock Exchange.

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