Notice of written resolution by bondholders
Electromagnetic Geoservices ASA (the "Company") has requested the bondholders of the Company's convertible bond issue Elec ASA 18/25 FRN USD FLOOR STEP C CONV ("EMGS03") to approve certain amendments to the bond terms to implement; (i) the change to the Company's financial reporting as described in the stock exchange notice published by the Company on 8 April 2026; and (ii) a 12 month period in which interest is added to the principal amount of EMGS03 rather than being settled in cash (PIK interest).
Attached hereto is a summons for a written resolution by the bondholders in EMGS03 regarding the above referenced consents and waivers.
The proposed amendments are supported by bondholders holding a number of bonds sufficient to approve the proposed written resolution.
This information is published in accordance with the Norwegian Securities Trading Act § 5-12.
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