SeaBird Exploration Plc: Annual General Meeting 2020 completed

14 May 2020, Limassol, Cyprus

The Annual General Meeting (the "AGM") of SeaBird Exploration Plc ("SeaBird") is completed. All proposals on the agenda, as proposed by the board of directors and set out in the notice of the meeting announced on 22 April 2020, were adopted with requisite majority.

After the AGM, SeaBird's board of directors consists of Mr. Ståle Rodahl (Chairman), Mr. Nicholas Knag Nunn, Mr. Øivind Dahl-Stamnes and Mr. Rolf Inge Jacobsen.

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products and services to the oil and gas industry. SeaBird specializes in high quality operations within the high end of the source vessel and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main focus for the company is proprietary seismic surveys (contract seismic). Main success criteria for the company are an unrelenting focus on Quality, Health, Safety and Environment (QHSE), combined with efficient collection of high quality seismic data. All statements in this press release other than statements of historical fact are forward-looking statements and are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include SeaBird`s reliance on a cyclical industry and the utilization of the company's vessels. Actual results may differ substantially from those expected or projected in the forward-looking statements. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act

For further queries contact:

Gunnar Jansen

CEO (acting)

Mob: +47 941 19 191

Erik von Krogh

CFO

Mob: +47 930 38 075

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