Circular to all members At the Annual General Meeting of Assuranceforeningen Skuld (Gjensidig) held in Oslo, Norway on 14 September 2023, members and clients received reports on matters of importance in relation to the Association's business. Furthermore, annual elections were held. 1. 2022/2023 Financial Year The Financial Statements of the Association for the year ending on 20 February 2023 were approved by the Annual General Meeting. 2. Review of Policy Years 2020 Policy Year: The AGM decided to close the 2020 policy year without supplementary calls. 2021 Policy Year: The year will be kept open until 2024. 2022 Policy Year: The year will be kept open until 2025. Release Calls (applicable as of 14 September 2023) 2020: Closed 2021: Release call reduced to 7.5% 2022: Release call reduced to 10% 2023: 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 2024: Laura Hodges Bethge Royal Caribbean Group, Miami, USA Gao Michael Tianyu HOSCO HK Limited, Hong Kong Todd Jordan Transocean, Houston, USA Brian McKenna Irish Continental Group, Dublin, Ireland b) The following person was re-elected as President of the Committee for a one-year period until the Annual General Meeting 2024: 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 2024: Odd-Christian Krohn Fred. Olsen & Co, Oslo, Norway d) The following persons had resigned from the Members' Committee: Alexandre Soeur Mercuria Energy Trading, Geneva, Switzerland Capt. Xie Chun Lin China Merchants Energy Shipping Company Limited, Hong Kong e) After the elec