Minutes from Annual General Meeting

Ocean Yield’s annual general meeting was held today, Thursday 20th April 2017 at The Thief Hotel in Oslo, Norway.

All proposals on the agenda were adopted, cf. the notice of the Annual General Meeting that was published on Oslo Stock Exchange on 29 March 2017.

The complete minutes of the Annual General Meeting are also available on www.oceanyield.no

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

Company contacts:

Lars Solbakken (CEO), Tel +47 24 13 01 90

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82

Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long-term charters. The company has a significant contract backlog that offers visibility with respect to future earnings and dividend capacity. Ocean Yield ASA has an ambition to pay attractive quarterly dividends to its shareholders.