Annual General Meeting of Kværner ASA

On Friday 23 March 2018, the Annual General Meeting was held in the premises of Kværner ASA at Fornebuporten, Oksenøyveien10, 1366 Oslo, Norway.

The following matters was considered and resolved:

1. Opening of the Annual General Meeting and approval of notice of meeting and agenda

2. Appointment of at least one person to co-sign the minutes of meeting along with the Chairman of the meeting

3. Information about the business (no voting). Download the presentation

4. Approval of the 2017 annual accounts of Kværner ASA, the group’s consolidated accounts and the Board of Directors’ report

5. The Board of Directors' declaration regarding stipulation of salary and other remuneration to the executive management of the company

(a) Advisory guidelines

(b) Binding guidelines

6. Consideration of the Board of Directors’ corporate governance statement (no voting)

7. Stipulation of remuneration to the members of the Board of Directors

8. Stipulation of remuneration to the members of the Nomination Committee

9. Election of members to the Board of Directors

10. Election of members to the Nomination Committee

11. Approval of remuneration to the auditor for 2017

12. Authorisation to the Board of Directors to purchase treasury shares in connection with acquisitions, mergers, de-mergers or other transactions

13. Authorisation to the Board of Directors to purchase treasury shares in connection with the company’s share- and incentive programmes for employees

14. Authorisation to the Board of Directors to purchase treasury shares for the purpose of investment or for subsequent sale or deletion of such shares

15. Authorisation to the Board of Directors to approve distribution of dividends