Frontline Ltd. (the "Company") advises that the 2018 Annual General Meeting of the Shareholders of the Company was held on
September 21, 2018 at 10:00 ADT at the Hamilton Princess Hotel and Beach Club, 76 Pitts Bay Road, Hamilton HM CX, Bermuda.
The audited consolidated financial statements for the Company for the year ended December 31, 2017 were presented to the
Meeting.
In addition, the following resolutions were passed:
1) To re-elect John Fredriksen as a Director of the
Company.
2) To re-elect Georgina E. Sousa as a Director of the
Company.
3) To re-elect Ola Lorentzon as a Director of the Company.
4) To re-elect Robert Hvide Macleod as a Director of the
Company.
5) To re-appoint PricewaterhouseCoopers AS of Oslo, Norway as
auditors and to authorise the Directors to determine their remuneration.
6) That the remuneration payable to the Company's Board of
Directors of a total amount of fees not to exceed US$600,000.00 be approved for the year ended December 31, 2018.
Hamilton, Bermuda
September 21, 2018
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
