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2014-04-22

EVRY: Notice of the Annual General Meeting of EVRY ASA

(Oslo, 22 April 2014) The Annual General Meeting in EVRY ASA is convened on
Wednesday 14 May 2013 at 09:00 am at Telenor Expo, Snarøyveien 30, Fornebu.
The appendices to this notice are made available onwww.evry.com.

The following matters are on the agenda:

1. Opening of the General Meeting by the Chairman of the Board of Directors,
and registration of attending shareholders In accordance with the Public
Limited Companies Act Section 5-12 first paragraph, the Chairman of the Board
of Directors will open the General Meeting.

2. Election of a person to chair the meeting and a person to co-sign the
minutes of the meeting with the chairperson

3. Approval of the notice and the agenda of the meeting

4. Election of members of the Board of Directors to be elected by the
shareholders

In accordance with the Mandate for the Election Committee, the Committee is to
nominate candidates for election as members of the Board of Directors of the
company.

In its report, the Election Committee proposes that the Annual General Meeting
should pass the following resolution:

Arve Johansen, Anders Brandt and Hilde Ringereide are re-elected as a members
of the Board of Directors for a term of office not exceeding two years. Tone
Wille is elected as new member of the Board of Directors for a term not
exceeding two years. Arve Johansen is re-elected as the Chairman of the Board
of Directors. The Board elects the co-chair.

5. Election of a member to the Election Committee

In accordance with the Mandate for the Election Committee, the Election
Committee is required to submit proposals for members of the Election
Committee, including the Chairman of the Committee. The Election Committee
proposes that the Annual General Meeting should pass the following
resolution:

Bjørn Magnus Kopperud and Erik Amlie are re-elected as a members of the
Election Committee for a term of office not exceeding two years. Erik Amlie
is re-elected as the Chairman of the Election Committee.

6. Determination of remuneration for the Board of Directors, including
remuneration for participation in the Compensation Committee and the Audit
Committee

The Election Committee proposes that remuneration for the Board and its
Committees should be determined from the date of the Annual General Meeting
until the Annual General Meeting to be held in 2015.

The Election Committee proposes the following remuneration amounts:

Chairman of the Board NOK 490,000 Deputy Chairman of the Board NOK 335,000
Members of the Board NOK 288,000

As the remuneration has been unchanged since 2011, the proposed remuneration
represents an increase of 3%.

The Election Committee proposes the following fixed additional remuneration
for members of the Board Committees as follows:

Audit Committee:

Committee Chairman NOK 90,000 Committee Member NOK 60,000

Compensation Committee:

Committee Chairman NOK 60,000 Committee Member NOK 40,000

The above remuneration are unchanged from previous year.

The representatives on the Board of Directors elected by the employees include
Deputy Representatives. If a Member of the Board of Directors elected by
employees is not present at a Board Meeting, and a Deputy Member attends in
his or her place, the Deputy Member shall be entitled to remuneration
equivalent to 1/10 of the annual remuneration of the Member, and the
remuneration of the Member in question shall be reduced by an equivalent
amount.

Half of the remuneration amounts mentioned above should be paid after half the
remuneration period, i.e. in October, with the balance payable at the next
Annual General Meeting.

The Election Committee proposes that the Annual General Meeting should pass
the following resolution:

The Election Committee's proposal for the remuneration of the Board of
Directors, including remuneration for participation in the Compensation
Committee and the Audit Committee, is approved.

7. Approval of the auditor's fee

The company's auditor has requested a fee for 2013 of NOK 1.3 million, of
which NOK 1.0 million relates to mandatory audit and NOK 0.3 million relates
to other services. The Board of Directors has no objection to the fee
requested.

The Board of Directors proposes that the Annual General Meeting should pass
the following resolution:

The fee to the auditor for 2013 of NOK 1.3 million is approved.

8. Remuneration of the Election Committee

In accordance with Article 8 of the company's Articles of Association and
Section 4 of the Mandate for the Election Committee, the Board of Directors
proposes remuneration for the members of the Election Committee for 2014 of
NOK 35,000 for the ordinary members of the Committee and NOK 50,000 for the
Chairman of the Committee. The remuneration proposed is unchanged from 2013.
The remuneration of the Election Committee is paid at the time of the next
Annual General Meeting.

The Board of Directors proposes that the Annual General Meeting should pass
the following resolution:

The remuneration of the members of the Election Committee for 2014 is to be
NOK 35,000 for the ordinary members and NOK 50,000 for the Chairman of the
Election Committee until the next Annual General Meeting.

9. Report on the company's current situation by CEO Terje Mjøs

10. Report from the Audit Committee

11. Report from the Compensation Committee, and to consider the Board's
statement on determining the salaries of executive management pursuant to
Section 6-16a of the Public Limited Companies Act

The statement by the Board in accordance with Section 6-16a of the Public
Limited Companies Act on determining the salary and other remuneration of
executive management is included as an appendix to this notice (Appendix 2).
The Board's guidelines for determining the salary of the executive management
of EVRY ASA for the next financial year are explained in section 2 of the
statement. In accordance with Section 5-6 third paragraph of the Public
Limited Companies Act, the General Meeting is to vote in an advisory capacity
on the Board's guidelines for the remuneration of executive management. The
Board's guidelines for remuneration in the form of allotment of shares,
subscription rights, share options and other forms of remuneration linked to
shares or the performance of the share price of EVRY ASA or share price in
other companies within the same group require approval by the Annual General
Meeting.

The Board of Directors proposes that the Annual General Meeting should pass
the following resolution:

The Annual General Meeting endorses the Board's principles for determining the
salaries of the executive management of EVRY ASA for the forthcoming
financial year as set out in section 2 of the Board's statement pursuant to
Section 6- 16a of the Public Limited Companies Act on determining the salary
and other remuneration of executive management.

12. Approval of the Annual Accounts and Annual Report for the financial year
2013, including the distribution of a dividend for the 2013 financial year

The Annual Accounts and notes and the Report of the Board of Directors are
included in the Annual Report.

The group's dividend policy is that annual dividend should be equivalent to
20-50% of normalised post-tax profit, and the Board of Directors proposes
that the Annual General meeting should approve the payment of a dividend of
NOK 0.40 per share. This represents a total dividend payment of NOK 107
million (27% of normalized net profit).

Dividend will be payable to the owners of shares in the company at the close
of 14 May 2014 (as recorded in the VPS share register on 19 May 2014), and
the company's shares will be traded on the Oslo Stock Exchange exclusive of
the right to dividend from and including 15 May 2014. The company expects to
distribute the dividend on 28 May 2014.

The Board of Directors proposes that the Annual General Meeting should pass
the following resolution:

The Board's proposals for the Annual Accounts and the Annual Report for 2013
are approved. The Board's proposal to distribute a dividend of NOK 0.40 per
share is approved.

13. Authorisation to the Board for the company to acquire own shares

The Board of Directors proposes that it is given the authority to acquire own
shares for the share purchase program.

The Board of Directors accordingly proposes that the Annual General Meeting
should pass the following resolution:

Pursuant to Section 9-4 of the Public Limited Companies Act, the Board of
Directors is authorised to acquire own shares in the company. The
authorisation is limited to a total nominal value of NOK 8,750,000. The
company may not at any time acquire shares in such way that the total nominal
value of the shares owned by the company after the acquisitions exceeds 10%
of the company's share capital. The price at which shares are acquired must
be at least NOK 1.75 per share and the price must not exceed

NOK 100 per share. The company's holdings of its own shares will only be used
in connection with meetings its liabilities in respect of share purchase
schemes for employees. The company's purchase and sales of its own shares
shall take place through the stock exchange. This authorisation is valid
until the date of the next Annual General Meeting, but in any case no longer
than until 1 June 2015.

14. Approval to change the Articles of Association § 2

The new registered office of EVRY is located in Bærum, hence the articles of
association must be altered to reflect the new location.

The Board of Directors proposes that the Annual General Meeting should pass
the resolution to change of the Articles of Association § 2 to:

"The company's registered office is in Bærum"

* * *

The total number of shares and voting rights in the company

The company's share capital consists of 267,338,981 shares in total, of which
the company itself owns 385,087 shares. The company cannot exercise voting
rights for its own share. The total number of shares with voting rights is
thus 266,644,068. Each of these shares has one vote.

A shareholder who has notified its intention to participate in the Annual
General Meeting within the deadline (see below for further details) has the
right to vote for the number of shares the shareholder owns, and which are
registered in the Norwegian Central Securities Depository (VPS) at the time
of the Annual General Meeting. If the shareholder has acquired shares shortly
before the Annual General Meeting, the voting rights of those acquired shares
can only be exercised if the acquisition of the shares has been registered in
the VPS, or if the acquisition has been reported to VPS and is documented at
the Annual General Meeting, in accorda...

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