Nomination committee

The Company shall have a nomination committee consisting of three members.

The nomination committee consist of Leiv Askvig (Leader), Truls Tollefsen and Nils Foldal.

The members of the nomination committee shall be shareholders or representatives of shareholders.

The members of the nomination committee, including its chairman, are elected by the general meeting. The members of the nomination committee’s period of service shall be two years unless the general meeting decides otherwise. The period of service commences from the time of being elected unless otherwise decided. It terminates at the end of the annual general meeting of the year in which the period of service expires. Even if the period of service has expired, the member must remain in his or her position until a new member has been elected.

The remuneration to the members of the nomination committee shall be determined by the general meeting.

The nomination committee shall have the following responsibilities:

  1. To give the general meeting its recommendations regarding the election of board members to be elected by the shareholders,provided however that EAM Solar Park Management AS shall have the right to give its recommendation for two of the board members;
  2. To give the general meeting its recommendations regarding the remuneration to the board members;
  3. To give the general meeting its recommendations regarding the election of members of the nomination committee; and
  4. To give the general meeting its recommendations regarding the remuneration to the members of the nomination committee.

The general meeting may issue further guidelines for the nomination committee’s work.

 

Audit Committee

The current members of the audit committee are constituted by the entire Board.