Oslo, Norway - 21 May 2021 Reference is made to the stock exchange announcement
on 19 May 2021 regarding Braemar Shipping Services Plc's sale of its shares in
AqualisBraemar LOC ASA. As a consequence, Mr Nick Stone has decided to withdraw
his candidacy for a board position in AqualisBraemar LOC ASA. 

The Nomination Committee has decided to recommend the Annual General Meeting to
elect the following Board of Directors: 

Glen Rødland, Chairman 2020-2022
Yvonne L. Sandvold 2021-2023
Synne Syrrist 2021-2023 
Rune Eng 2021-2023  

Election of additional Board member(s) will be considered in due course. 


For further information, please contact: 
Dean Zuzic, CFO, AqualisBraemar LOC ASA, tel: +47 41 43 35 60 

About AqualisBraemar LOC ASA AqualisBraemar LOC ASA (OSE: AQUA) offers
independent marine, engineering and adjusting consultancy to the global
renewables, maritime, and oil and gas sectors. The group has offices in 38
countries worldwide. AqualisBraemar LOC ASA operates under seven brands:
AqualisBraemar LOC, OWC, East Point Geo, Innosea, Longitude, JLA and ABL Yacht
Services.

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© Oslo Bors ASA, source Oslo Stock Exchange