At the Annual General Meeting of Assuranceforeningen Skuld (Gjensidig) held in Oslo, Norway on 12 September 2024, members and clients received reports on matters of importance in relation to the Association's business. Furthermore, annual elections were held. 1. 2023/2024 Financial Year The Financial Statements of the Association for the year ending on 20 February 2024 were approved by the Annual General Meeting. 2. Review of Policy Years 2021 Policy Year: The AGM decided to close the 2021 policy year without supplementary calls. 2022 Policy Year: The year will be kept open until 2025. 2023 Policy Year: The year will be kept open until 2026. Release Calls (applicable as of 12 September 2024) 2021: Closed 2022: Release call reduced to 7.5% 2023: Release call reduced to 10% 2024: Release call maintained at 15% 3. Elections 3.1 Elected members of the Members' Committee of Assuranceforeningen Skuld (Gjensidig) The members of the Members' Committee are elected at the Annual General Meeting in accordance with Statute 1.3.3 and 1.4.1. a) The following persons were elected as new members/members for a one-year period until the Annual General Meeting in 2025: Arjun Batra Anchor SM (Singapore) Pte., Singapore Capt. Hu Bin China Merchants Energy Shipping Company Ltd., Hong Kong b) The following person was re-elected as President of the Committee for a one-year period until the Annual General Meeting 2025: Ulrich Niebusch German Tanker Shipping GmbH & Co., Bremen, Germany c) The following person was re-elected as Vice President of the Committee for a one-year period until the Annual General Meeting 2025: Odd-Christian Krohn Fred. Olsen & Co, Oslo, Norway d) The following person had resigned from the Members' Committee: Francois Rogivue Cargill International SA, Geneva, Switzerland e) After the election, the Committee comprises the following persons: Ulrich Niebusch (President) German Tanker Shipping GmbH & Co, KG, Bremen, Germany Odd-Christian Krohn (Vice President)