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Regulatory press release

Philly Shipyard ASA: Minutes from Extraordinary General Meeting

Philly Shipyard
An extraordinary general meeting of Philly Shipyard ASA (the "Company") was held
today as a digital meeting with online participation. All resolutions were made
in accordance with the proposals set out in the meeting notice.

The minutes of the meeting are attached in Norwegian and English and available
on the Company's new website www.phillyshipyardasa.com

Contact:
Jeffrey Theisen, Chief Financial Officer
Tel: +1 610-517-5943
E-mail: Jeffrey.Theisen@phillyshipyard.com

For more information about Philly Shipyard ASA, please visit
www.phillyshipyardasa.com
This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.
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