Disclosure of voting rights

Lysaker, 30 October 2019

Reference is made to announcement by Axxis Geo Solutions ASA (the "Company") on 11 October 2019 regarding the notice of the extraordinary general meeting to be held on 1 November 2018 at 10:00 (CET) (the"EGM"). The chairman of the board, Rolf Rønningen, has as of today received proxies without voting instructions for 9 022 101 shares at the EGM, representing approx. 29,34% of the total number of shares and votes at the EGM. The proxies are only valid for the EGM and will lapse immediately thereafter.

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

Contacts
Svein Knudsen, CFO
Svein.Knudsen@axxisgeo.com
+47 906 94 170

About AGS
Axxis Geo Solutions (AGS) is a pure-play ocean bottom node seismic company uniquely positioned to pursue both contract and multi-client seismic. AGS specializes on delivering tailored seismic solutions and flexible project management and execution to oil and gas companies world-wide. Its operations are based on a scalable asset-light setup through chartering of vessels and nodes to complete seismic surveys.
AGS is listed on Oslo Axess and traded under the ticker AGS.

More information on www.axxisgeo.com