Nomination Committee

According to the company’s articles of association Nekkar ASA shall have a Nomination Committee consisting of three members to be elected by the General Meeting for a two-year period. The Nomination Committee shall be independent of the Board of Directors and daily management. The Nomination Committee’s duties are to propose to the General Meeting shareholder-elected candidates for election to the Board of Directors, and to propose remuneration.

The Annual General Meeting may adopt procedures for the Nomination Committee.