Circular to all members At the Annual General Meeting of Assuranceforeningen Skuld (Gjensidig) held in Oslo, Norway on 9 September 2022, members and clients received reports on matters of importance in relation to the Association’s business. Furthermore, annual elections were held. 1. 2021/2022 Financial Year The Financial Statements of the Association for the year ending on 20 February 2022 were approved by the Annual General Meeting. 2. Review of Policy Years 2019 Policy Year: The AGM decided to close the 2019 policy year without supplementary calls. 2020 Policy Year: The year will be kept open until 2023. 2021 Policy Year: The year will be kept open until 2024. Release Calls (applicable as of 9 September 2022) 2019: Closed 2020: Release call reduced to 7.5% 2021: Release call reduced to 10% 2022: 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 2023: John Dragnis Goldenport Holdings Inc., Athens, Greece Christopher McDade Seapeak Maritime, Glasgow, UK b) The following person was re-elected as President of the Committee for a one-year period until the Annual General Meeting 2023: 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 2023: Odd-Christian Krohn Fred. Olsen & Co, Oslo, Norway d) The following persons had resigned from the Members' Committee: Hans Feringa Team Tankers, Connecticut, USA Michael G. Gialouris Olympic, Athens, Greece Michael Lai EMAS, Singapore Nicole Malbrough Edison Chouest Offshore, Louisiana, USA (Eivind Eidesvik was elected to the Bermuda Board on 23 June 2022) e) Afte