Saga Tankers ASA: Summons to Extraordinary General Meeting in Saga Tankers ASA

Reference is made to the stock exhange release 25 May 2020 regarding summon to an Extraordinary General Meeting to vote on a dividend distribution of NOK 0.1 per share.

The Extraordinary General Meeting in Saga Tankers ASA will take place on 16 June 2020 at 10.00hrs (CET) at the premises of the Company at Sjolyst Plass 2, 7th floor in Oslo, Norway.

Shareholders may submit their votes electronically in advance. Please see the instructions in the enclosed Notice.

Øystein Stray Spetalen, owner of ~65% of the outstanding shares of Saga Tankers ASA, will vote for the resolutions on the enclosed agenda.

The Notice and the corresponding attachments will be available on the company's webpage www.sagatankers.no under "Investor Relations".

For further information, please contact: CEO Espen Lundaas +47 92 43 14 17

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