The Annual General Meeting is held in May each year, and 14 days’ written notice is given. A notice is also published on the Oslo Stock Exchange and on the Company’s website at least 21 days in advance. Shareholders who wish to attend the Annual General Meeting in person or by proxy must notify the Company no later than five days before the Annual General Meeting either by mail or telefax.
Issues which shareholders want considered at the Annual General Meeting, must be submitted in writing to the Board in time to be included in the notice of the Annual General Meeting. Extraordinary general meetings may be called in accordance with the provision of the Limited Liability Companies Act.
Each A-share carries one vote. All resolutions are adopted by simple majority vote unless otherwise decided.
Representatives of the Board and the auditor participate in the Annual General Meeting. Management is represented by the President/CEO and the chief financial officer. The Chairman of the Board chairs the Annual General Meeting. Minutes of General Annual Meetings are made available on this website.