NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given of the annual general meeting of Ocean Yield ASA. The general meeting will be held on Wednesday 21 April 2021, 10 a.m. (Oslo time) at the offices of law firm Schjødt in Ruseløkkveien 14, Oslo, Norway. 

Due to the extraordinary situation with the COVID-19 pandemic, and in light of recommendations and restrictions currently in place, the board has found it necessary to urge shareholders to either vote electronically or submit proxy forms prior to the meeting, and to not attend the meeting in person.

Attached is the notice of Ocean Yield's Annual General Meeting and the attendance form.

All documents will also be made available on the Company's website www.oceanyield.no/Investor-Relations/Annual-General-Meeting

Company contact:

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

Investor Relations contact:

Marius Magelie (SVP Finance & Investor Relations), 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.