American Shipping

AMSC ASA (AMSC) is a maritime investment company focused on owning maritime assets. We aim to invest in key maritime assets catering to transportation, offshore construction, and services. Presently, we own a substantial shareholding in Solstad Maritime Holding AS. Our company is listed on the Oslo Stock Exchange under the symbol AMSC and has an admission on the OTCQX in New York under the ticker ASCJF.

AMSC has a strong commitment to investing in the maritime sector, ensuring that our investments are strategic and profitable. We have a robust management team consisting of professionals with broad experience in shipping and finance. Our board of directors represents a combination of expertise, capabilities, and experience from various finance, industry, and non-governmental organizations.

We are dedicated to promoting respect for basic human rights and decent working conditions, as well as ensuring access to information on how we handle negative consequences of our actions. Our compliance with the Norwegian Transparency Act is the responsibility of our CFO.

Our financial calendar includes quarterly reports that will be published after close of trading at the Euronext Oslo Stock Exchange. We also maintain a strong investor relations team to keep our shareholders updated on our performance and future plans.

Our commitment to transparency and responsible business practices sets us apart from other maritime investment companies. We believe in creating value for our shareholders and contributing positively to the maritime industry as a whole.

Key Maritime Assets

AMSC aims to invest in key maritime assets catering to transportation, offshore construction, and services. Our current investment portfolio includes a substantial shareholding in Solstad Maritime Holding AS, which owns a diversified fleet of offshore Subsea and AHTS vessels. This investment allows us to leverage the expertise and resources of Solstad Maritime Holding AS, ensuring that we are well-positioned to take advantage of opportunities in the maritime sector.

Investor Relations

AMSC has a dedicated investor relations team to ensure that our shareholders are kept updated on our performance and future plans. We understand the importance of maintaining open and transparent communication with our investors, and we strive to provide accurate and timely information about our company.

Our investor relations team includes:

• Pal L. Magnussen, CEO
• Morten Bakke, CFO

We encourage our shareholders to contact us with any questions or concerns they may have regarding our company's performance or future plans.

Transparency and Responsibility

AMSC is committed to promoting respect for basic human rights and decent working conditions, as well as ensuring access to information on how we handle negative consequences of our actions. We believe that transparency and responsible business practices are essential for maintaining trust and credibility with our stakeholders.

We have established a whistleblowing channel where employees, vendors, and other third parties can report their knowledge of, or suspicion of, unacceptable behavior or matters worthy of criticism and that are in violation with our code of conduct. This channel allows us to address any concerns promptly and ensure that we maintain a positive and ethical work environment.

Financial Calendar

AMSC publishes quarterly reports after close of trading at the Euronext Oslo Stock Exchange. Our financial calendar is designed to keep our investors informed about our performance and future plans, and we encourage our shareholders to review our quarterly reports regularly.

Shareholders

AMSC has a strong commitment to creating value for our shareholders. We believe that our investments in key maritime assets will generate substantial returns for our investors, and we are dedicated to maintaining open and transparent communication with our shareholders.

Our largest shareholder is Aker ASA, which owns approximately 19% of our shares. We value the support and expertise that Aker ASA brings to our company, and we believe that our partnership will continue to drive growth and success in the maritime sector.

History

AMSC was established in 2005 and has since become a leading maritime investment company. Over the years, we have expanded our investment portfolio to include a substantial shareholding in Solstad Maritime Holding AS, and we continue to explore opportunities for growth and expansion in the maritime sector.

Nomination Committee

AMSC has a nomination committee that is responsible for recommending candidates for election to the board of directors. The nomination committee ensures that the board members represent a combination of expertise, capabilities, and experience from various finance, industry, and non-governmental organizations.

Articles of Association

AMSC has established articles of association that outline the company's purpose, share capital, board of directors, general meeting, and other essential matters. The articles of association are available for review on our website.

Whistleblowing Channel

AMSC has established a whistleblowing channel where employees, vendors, and other third parties can report their knowledge of, or suspicion of, unacceptable behavior or matters worthy of criticism and that are in violation with our code of conduct. This channel allows us to address any concerns promptly and ensure that we maintain a positive and ethical work environment.

Contact Us

If you have any questions or concerns regarding AMSC, please do not hesitate to contact us. Our office is located at Oksenoyveien 10, Building B, 1366 Lysaker, Norway. You can also reach us by email at pal.magnussen@amscasa.com or morten.bakke@amscasa.com.