Company Announcement 03/2017 Nordic Shipholding

Nordic Shipholding A/S

Resolutions passed at the Annual General Meeting on 24 April 2017

24 April 2017

NORDIC SHIPHOLDING A/S

Company announcement no. 3/2017

Today, Monday 24 April 2017, Nordic Shipholding A/S held its Annual General Meeting with the agenda published in the notice convening the meeting dated 31 March 2017 where the following agenda items were presented:

• The Board of Directors’ report for the financial year 2016 was noted.
• The Annual Report for 2016 was approved.
• In accordance with the proposal by the Board of Directors, discharge of liability was granted to members of the Board of Directors and the Executive Management.
• The Board of Directors’ proposal for distribution of the result of the year was approved.
• Remuneration of the Board of Directors for 2017 was approved.
• In accordance with the proposal by the Board of Directors, Knud Pontoppidan, Jon Lewis, Kristian Mørch, Kanak Kapur and Philip Clausius were re-elected as members of the Board of Directors.
• PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab was re-appointed as the company’s auditor.

At a subsequent board meeting, the Board of Directors appointed Knud Pontoppidan as chairman and Jon Lewis as deputy chairman.

For further information, please find attached the notice to convene and the complete proposals.

Kind regards,

Nordic Shipholding A/S

Copenhagen, 24 April 2017

For further information, please contact:

Knud Pontoppidan, Chairman of the Board of Directors, Nordic Shipholding A/S: +45 3929 1000.