Extraordinary General Meeting 9 October 2012

The meeting was held on Tuesday 9 October at 09:00 CET at the premises of Kværner ASA at Fornebu.

The following matters were on the agenda of the meeting:

  1. Opening of the General Meeting, including approval of notice of meeting and agenda.
  2. Appointment of a person to co-sign the minutes of meeting along with the Chairman of the meeting.
  3. Distribution of dividend. The Board of Directors proposes that a dividend of NOK 0.53 is paid per share.
  4. Amendment of Section 2 of the company’s Articles of Association with effect from 1 January 2013.

As the company is moving its headquarters from the county of Bærum to Oslo during December 2012, it is proposed that the Articles of Association are updated accordingly. The Board of Directors proposes that Section 2 of the Articles of Association are amended to read as follows: “§ 2 The registered address of the Company is in the county of Oslo.”

It is proposed that the last sentence of Section 9 of the Articles of Association is deleted.