Hofseth Biocare ASA: PROXIES TO VOTE FOR 62.43 % OF THE SHARES AT AGM

Ola Holen has, in his capacity as chairman of the board of directors, has received proxies to vote for 184,068,222 shares in Hofseth BioCare ASA ("HBC"), corresponding to 62.43 % of the total outstanding shares and votes, at HBC's Annual General Meeting to be held 26 April 2019. The proxies received are only valid for the general meeting and will lapse thereafter.

Ola Holen, which will attend the meeting, privately and through his wholly owned company, own 1,465,253 shares in HBC and may together with the received proxies, vote for 185,792,697 shares, corresponding to 63.02 % of the votes.

For further information, please contact:
Jon Olav Ødegård, CFO of Hofseth BioCare ASA
Phone: +47 936 32 966
E-mail: joo@hofsethbiocare.no


About Hofseth BioCare ASA:

HBC is a Norwegian biotech company that offers high-value ingredients and finished products for humans and pets. The company is founded on the core values of sustainability, traceability and optimal utilization of natural resources. Through an innovative hydrolysis technology, HBC is able to preserve the quality of salmon oil, proteins and calcium, prepared of fresh salmon off-cuts. HBC's objective is to contribute to the efficient use of marine resources and deliver quality products for ingredients and finished consumer products in the nutrition market.

Hofseth BioCare's headquarters are located in Ålesund, Norway with branches in Oslo, Chicago, Mumbai and Tokyo. HBC is listed on Oslo Stock Exchange Axess list with ticker "HBC". More information about Hofseth BioCare at www.hofsethbiocare.com and www.facebook.com/hofsethbiocare


This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act