01 July 2020, Limassol, CyprusThe directors of SeaBird Exploration Plc («The Company») hereby give notice of an Extraordinary General Meeting (EGM) of the shareholders to be held on 16 Jul 2020 at 11.00 (local time) at Diagoras House 7th Floor, 16 Pantelis Catelaris Street, CY 1097 Nicosia, Cyprus.Two of the largest shareholders in the Company, Anderson Invest AS and Vatne Equity AS, have expressed their interest in being represented on the companys Board of Directors with a joint representative. The Board of Directors welcomes the initiative, and has as a consequence proposed to increase the number of directors in the company by one, to a total of five, and the companys Nomination Committee has nominated Mr. Hans Christian Anderson to become a director of the company.Further, in view of the Company`s efforts to cut costs, the Board of Directors has decided that the remuneration to each director shall be reduced so that the total remuneration to the board of directors remains unchanged following the expansion of the board.The EGM notice contains proposed changes to the board of directors as well as the nomination committee. The agenda and other relevant documents distributed to the shareholders are attached to this announcement and will also be listed on the companys web-page