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GOGL – 2025 AGM Results Notification

1. Golden Ocean held its 2025 Annual General Meeting on May 8. 2. Audited financial statements for 2024 were presented at the meeting. 3. Resolutions included board elections of several directors. 4. Total director remuneration approved is $750,000 for 2025. 5. PricewaterhouseCoopers reappointed as auditors for the company.

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Why Neutral?

The meeting's details show stable governance but lack new strategic initiatives. Historical trends indicate minor price effect from administrative updates.

How important is it?

While governance changes are significant, the lack of major announcements limits impact. Normal AGMs typically have minimal influence on stock price.

Why No Impact?

The routine nature of the AGM and resolutions suggests no immediate market changes. Past AGMs similarly resulted in stable prices with no major fluctuations.

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GOGL
May 08, 2025 15:41 ET  | Source: Golden Ocean Group Limited Golden Ocean Group Limited (the “Company”) advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 8 May 2025 at 08:30 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2024 were presented to the Meeting. In addition, the following resolutions were passed: To set the maximum number of Directors to be not more than eight.To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorized to fill such vacancies as and when it deems fit.To re-elect Patrick De Brabandere as a Director of the Company.To re-elect Patrick Molis as a Director of the Company.To re-elect James O’Shaughnessy as a Director of the Company.To re-elect Tonesan Amissah as a Director of the Company.To re-elect James Ayers as a Director of the Company.To re-elect Carl Erik Steen as a Director of the Company.To re-appoint PricewaterhouseCoopers AS as auditors and to authorize the Directors to determine their remuneration.To approve remuneration of the Company’s Board of Directors of a total amount of fees not to exceed US$750,000 for the year ended 31 December 2025. 8 May 2025 The Board of DirectorsGolden Ocean Group LimitedHamilton, Bermuda This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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