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Point 4.
"The new shares in Tranche 1 were resolved issued by the Board of Directors on 30 October 2024, pursuant to the board authorization granted by the Company's general meeting held on 16 April 2024. The issuance of new shares in Tranche 2 is subject to approval by the general meeting.
On this background, the Board of Directors proposes that the general meeting passes the following resolution to issue new shares in Tranche 2 of the Private Placement:
1. The Company's share capital is increased by NOK 8,945,860, by issuing 89,458,600 new shares, each with a nominal value of NOK 0.10.
2. NOK 6.90 shall be paid for each share. The aggregate subscription amount is thus NOK 617,264,340.
3. The new shares may be subscribed by ABG Sundal Collier ASA, Arctic Securities AS and/or Danske Bank, for and on behalf of, and pursuant to power of attorney from, the subscribers in Tranche 2 of the Private Placement announced by the Company on 30 October 2024.
4. The shares shall be subscribed on a separate subscription form as soon as practicable and within four weeks from the date of the resolution by the general meeting.
5. The existing shareholders' preferential right is set aside, cf. sections 10-4 cf. 10-5 of the Norwegian Public Limited Companies Act.
6. The subscription amount shall be settled in cash by payment to a designated account as soon as practicable and within four weeks from the date of the resolution by the general meeting.
7. The new shares will give full shareholder rights in the Company, including the right to dividend, from the time of registration of the share capital increase.
8. Section 4 of the Company's articles of association is amended to reflect the new share capital and the new number of shares after the share capital increase.