Company Announcement 3/2020

NOTICE TO CONVENE the Annual General Meeting of Nordic Shipholding A/S

The Board of Directors hereby convenes the Annual General Meeting of Nordic Shipholding A/S (CVR no. 76 35 17 16) (the “Company”) to be held on

Thursday 4 June 2020, at 10:30 a.m. (CEST)
Danske Rederier, Amaliegade 33, DK-1256 Copenhagen.

Important information
In order to minimize the risk of infection with COVID-19 and as a result of the authorities' latest recommendations, shareholders are requested not to attend the Annual General Meeting in person. The Company may be forced to cancel the Annual General Meeting if the number of participants does not comply with applicable rules at the date of the meeting.

We urge all shareholders to vote by proxy to the Board of Directors or to vote by correspondence. Voting by proxy may be done until and including 29 May 2020. Votes by correspondence may be submitted until and including 3 June 2020. Please see below for further information.

Shareholders who have requested an admission card will be offered electronic access to view the Annual General Meeting.

We also encourage shareholders to submit any questions before the Annual General Meeting to [e-mail]. Questions will be answered on the Company's website, www.nordicshipholding.com, or at the Annual General Meeting.

Agenda:

1. Board of Director’s report on the financial year 2019
2. Presentation of the annual report 2019 for adoption
3. Grant of discharge to members of the Board of Directors and Executive Management
4. Resolution on the application of the result of the year
5. Approval of the remuneration of the Board of Directors for 2020
6. Election of members to the Board of Directors
7. Appointment of auditors
8. Approval of revised remuneration policy
9. Any other business

Complete proposals

Item 1 – Board of Directors’ report on the financial year 2019
The Board of Directors’ report on the financial year 2019 will be presented at the Annual General Meeting.

Item 2 – Presentation of the annual report 2019 for adoption
The Board of Directors proposes that the general meeting adopts the Company’s annual report for 2019, including the remuneration paid to the Board of Directors for 2019.

Item 3 – Grant of discharge to members of the Board of Directors and Executive Management
The Board of Directors proposes that the general meeting grants discharge to members of the Board of Directors and the Executive Management.