Photocure ASA

AGM Information • Jun 10, 2020

	These minutes have been prepared in both Norwegian and English. In case of any discrepancies between the versions, the Norwegian version shall prevail.
PROTOKOLL FRA	MINUTES FROM
ORDINÆR GENERALFORSAMLING	ANNUAL GENERAL MEETING
PHOTOCURE ASA	PHOTOCURE ASA
Den 10. juni 2020 kl. 17:00 ble det avholdt ordinær	On 10 June 2020 at 17:00 hours (CET), an annual general
generalforsamling i Photocure ASA ("Selskapet") i	meeting was held in Photocure ASA (the "Company") in
Advokatfirmaet Selmer AS' lokaler i Tjuvholmen allé 1, 0252	Advokatfirmaet Selmer AS' premises in Tjuvholmen allé 1,
Oslo.	0252 Oslo.
Stemmegivning for de enkelte saker på dagsordenen er	The voting for each of the items on the agenda is attached to
vedlagt protokollen som Vedlegg 1.	the minutes as Appendix 1.
Til behandling forelå:	The following matters were on the agenda:
1.	1.
Åpning av generalforsamlingen ved styrets leder Jan	Opening of the meeting by the chairperson of the
Hendrik Egberts	board of directors Jan Hendrik Egberts
Styrets leder Jan Hendrik Egberts åpnet møtet og tok opp	The chairperson of the board Jan Hendrik Egberts opened
fortegnelse.	the meeting and registered the attendance
2.	2.
Fremleggelse av fortegnelse over møtende aksjeeiere	Presentation of the record of shareholders and
og fullmektiger	representatives present
Fortegnelsen over møtende aksjeeiere og fullmakter er	The record of shareholders present and proxies is attached
vedlagt protokollen som Vedlegg 2.	to the minutes as Appendix 2.
3.	3.
Valg av møteleder og en person til å medundertegne	Election of chairperson of the meeting and a person
protokollen	to co-sign the minutes
Generalforsamlingen fattet følgende vedtak:	The general meeting made the following resolution:
"Jan Hendrik Egberts velges som møteleder, og Erik Dahl velges til å medundertegne protokollen."	"Jan Hendrik Egberts is elected as chairperson of the meeting, and Erik Dahl is elected to co-sign the minutes."
4.	4.
Godkjennelse av innkalling og dagsorden	Approval of notice and agenda
Generalforsamlingen fattet følgende vedtak:	The general meeting made the following resolution:
"Innkalling og dagsorden godkjennes."	"The notice and agenda are approved."
5.	5.
Godkjennelse av årsregnskapet og årsberetningen for	Approval of the annual accounts and annual report
regnskapsåret 2019	for the financial year 2019

Generalforsamlingen fattet følgende vedtak:		The general meeting made the following resolution:
	"Generalforsamlingen godkjenner styrets forslag til årsregnskap og årsberetning for regnskapsåret 2019, herunder styrets redegjørelse for foretaksstyring i henhold til regnskapsloven § 3-3b."		"The general meeting approves the board of director's proposal for annual accounts and annual report for the financial year 2019, including the board of directors' report on corporate governance pursuant to the Norwegian Accounting Act section 3-3b."
6.	Godkjennelse av erklæring om fastsettelse av lønn og annen godtgjørelse til ledende ansatte	6.	Approval of the declaration on salaries and other remuneration for senior management
Generalforsamlingen avholdt en rådgivende avstemning om de veiledende retningslinjer for lønn og annen godtgjørelse til ledende ansatte.		The general meeting held an advisory vote for precatory guidelines on salaries and other remuneration for senior management.
	Generalforsamlingen fattet deretter følgende vedtak:		The general meeting thereafter made the following resolution:
	"Generalforsamlingen godkjenner punkt 3.2 i erklæringen om fastsettelse av lønn og annen godtgjørelse til ledende ansatte."		"The general meeting approves section 3.2 of the board of director's declaration on salaries and other remuneration for senior management."
7.	Presentasjon av Selskapets status	7.	Presentation of the Company's state of affairs
Dan Schneider holdt en kort presentasjon om Selskapets status.		Dan Schneider held a brief presentation of the Company's state of affairs.
8.	Godtgjørelse til styremedlemmer og valgkomitémedlemmer	8.	Remuneration to the board members and members of the nomination committee
	Generalforsamlingen fattet følgende vedtak:		The general meeting made the following resolution:
	"Godtgjørelse til styrets medlemmer for siste år fastsettes til NOK 520 000 for styrets leder og NOK 300 000 for hvert av de øvrige styremedlemmene.		"Remuneration to the members of the board for the last year is fixed to NOK 520,000 for the chairperson for the board and NOK 300,000 for each of the other board members.
	Styremedlemmer bosatt utenfor Norge skal bli kompensert med et beløp tilsvarende EUR 100 for hver arbeidstime som går tapt på reise, i henhold til valgkomiteens innstilling til generalforsamlingen."		Board members domiciled outside Norway shall be compensated with an amount equivalent of EUR 100 for each working hours spent travelling, in accordance with the nomination committee's recommendation to the general meeting."
	Generalforsamlingen fattet følgende vedtak:		The general meeting made the following resolution:
	"Godtgjørelse til medlemmene av valgkomiteen for siste år fastsettes til NOK 35 000 for leder av valgkomiteen og NOK 15 000 for hvert av de øvrige medlemmene av valgkomiteen."		"Remuneration to the members of the nomination committee for the last year is fixed to NOK 35,000 for the chairperson for the nomination committee and NOK 15,000 for each of the other members of the nomination committee."

9.	Godtgjørelse til revisor	9.	Remuneration to the auditor
	Generalforsamlingen fattet følgende vedtak:		The general meeting made the following resolution:
	"Godtgjørelse til revisor på NOK 325 000 for lovpålagt revisjon godkjennes."		"Remuneration to the auditor of NOK 325,000 for statutory audit is approved."
10.	Valg av styremedlemmer	10.	Election of board members
	Generalforsamlingen fattet følgende vedtak:		The general meeting made the following resolution:
	"Følgende personer velges som styremedlemmer:		"The following persons are elected as board members:
	− Jan H. Egberts, styreleder − Grannum R. Sant, styremedlem − Johanna Holldack, styremedlem − Anders Tuv, styremedlem − Anne Worsøe, styremedlem med en valgperiode frem til ordinær generalforsamling i 2021."		− Jan H. Egberts, chairperson − Grannum R. Sant, board member − Johanna Holldack, board member − Anders Tuv, board member − Anne Worsøe, board member with an election term until the ordinary general meeting in 2021."
11.	Valg av medlemmer til valgkomiteen	11.	Election of members to the nomination committee
	Generalforsamlingen fattet følgende vedtak:		The general meeting made the following resolution:
	"Følgende personer velges som medlemmer av valgkomiteen:		"The following persons are elected as members of the nomination committee:
	− Hans Peter Bøhn, leder − Lars Viksmoen, medlem − Jónas Einarsson, medlem med en valgperiode frem til ordinær generalforsamling i 2021."		− Hans Peter Bøhn, chairperson − Lars Viksmoen, member − Jónas Einarsson, member with an election term until the ordinary general meeting in 2021."
12.	Frist for innkalling til ekstraordinær generalforsamling	12.	Notice period for calling extraordinary general meeting
	Generalforsamlingen fattet følgende vedtak:		The general meeting made the following resolution:
	"Fristen for innkalling til ekstraordinær generalforsamling kan settes til to uker for ekstraordinære generalforsamlinger i perioden frem til ordinær generalforsamling 2021."		"The notice period for the notice of extraordinary general meetings may be set to two weeks for extraordinary general meeting in the period until the annual general meeting 2021."
13.	Styrefullmakt til erverv av egne aksjer	13.	Board authorisation to acquire own shares

Generalforsamlingen fattet følgende vedtak:

"I henhold til allmennaksjeloven §§ 9-4 og 9-5 gis styret fullmakt til å erverve Selskapets egne aksjer, på følgende vilkår:

• 1 Selskapet kan, i en eller flere omganger, erverve egne aksjer opptil samlet pålydende verdi NOK 1 198 801.50. Fullmakten omfatter også erverv av avtalepant i egne aksjer.
• 2 Den høyeste og laveste kjøpesum som skal betales for aksjene som kan erverves i henhold til fullmakten er henholdsvis maksimalt NOK 150 og minimum NOK 0,50. Styret står for øvrig fritt med hensyn til på hvilken måte erverv og avhendelse av egne aksjer skal skje.
• 3 Fullmakten gjelder til ordinær generalforsamling i 2021, likevel senest til 30. juni 2021.
• 4 Aksjer ervervet i henhold til fullmakten skal enten slettes ved kapitalnedsettelse i Selskapet, brukes til godtgjørelse til styrets medlemmer, brukes i incentivprogram eller benyttes som vederlagsaksjer i forbindelse med erverv av virksomheter.
• 5 Fullmakten erstatter andre fullmakter til styret til å erverve egne aksjer i Selskapet fra tidspunktet for registrering i Foretaksregisteret."
• 14. Styrefullmakter til å gjennomføre aksjekapitalforhøyelse

14.1 – Fullmakt til kapitalforhøyelse på inntil 15 % av aksjekapitalen

Generalforsamlingen fattet følgende vedtak:

1. "Styret gis herved fullmakt til å gjennomføre en eller flere aksjekapitalforhøyelser samlet begrenset oppad til 3 596 403 aksjer pålydende NOK 0,50. Samlet økning av aksjekapitalen kan utgjøre opp til NOK 1 798 201,88.

The general meeting made the following resolution:

"In accordance with the Norwegian Public Limited Liability Companies Act sections 9-4 and 9-5, the board of directors is authorised to acquire the Company's own shares, on the following conditions:

• 1 The Company may, in one or more rounds, acquire shares with a total nominal value of up to NOK 1,198,801.50. The authorisation also includes acquisition of charge by agreement in own shares.
• 2 The highest and lowest purchase price payable for shares acquired pursuant to the authorisation shall be maximum NOK 150 and minimum NOK 0.50 respectively. The board of directors is incidentally free to decide on the means to be used to acquire and dispose of own shares.
• 3 This authorisation is valid until the ordinary general meeting in 2021, however no later than 30 June 2021.
• 4 Shares acquires pursuant to this authorisation shall either be deleted in connection with a later reduction of the registered share capital, be applied as remuneration to the members of the board, for incentive schemes or as consideration shares with regards to acquisition of businesses.
• 5 The authorisation replaces any other authorisation to the board of directors to acquire own shares in the Company from registration in the Norwegian Register of Business Enterprises."
• 14. Board authorisations to increase the share capital

14.1 – Authorisation to share capital increase with up to 15% of the share capital

The general meeting made the following resolution:

1. "The board of directors is hereby authorised to execute one or more share capital increases by issuing in total up to 3,596,403 shares with a nominal value of NOK 0.50. The total amount by which the share capital may be increased is NOK 1,798,201.88.

• 2. Fullmakten kan benyttes til å utstede aksjer for å sikre finansiering av Selskapets utvikling. Fullmakten kan også benyttes ved erverv, fusjoner og andre virksomhetsformål som tjener Selskapets utvikling. Aksjer vil kunne utstedes mot kontantvederlag eller vederlag i form av andre aktiva (tingsinnskudd).
• 3. Styret gis fullmakt til å fastsette øvrige vilkår for tegningen, herunder tegningskurs, dato for innbetaling og retten til videresalg av aksjene til andre.
• 4. Fullmakten gjelder til ordinær generalforsamling i 2021, likevel senest til 30. juni 2021.
• 5. Eksisterende aksjeeieres fortrinnsrett til å tegne aksjer etter allmennaksjeloven § 10-4 kan settes til side.
• 6. Fullmakten omfatter beslutning om fusjon etter allmennaksjeloven § 13-5.
• 7. Generalforsamlingen gir styret fullmakt til å endre Selskapets vedtekter vedrørende aksjekapitalen og antall aksjer når fullmakten brukes.
• 8. Denne styrefullmakt erstatter tidligere gitte fullmakter til kapitalforhøyelse fra tidspunktet for registrering i Foretaksregisteret."

14.2 – Fullmakt til kapitalforhøyelse på inntil 10 % av aksjekapitalen

Da forslaget i punkt 14.1 ble vedtatt av generalforsamlingen, ble det ikke stemt over dette alternativet.

14.3 - Fullmakt til kapitalforhøyelse i henhold til Selskapets insentivprogram

Generalforsamlingen fattet følgende vedtak:

1. "Styret gis herved fullmakt til å gjennomføre en eller flere aksjekapitalforhøyelser samlet

• 2. The authorisation may be used to issue shares in order to secure the financing of the Company's development. The authorisation can also be used in connection with acquisitions, mergers and other business purposes that serve the Company's development. Shares can be issued against cash deposit or against other assets (contribution in kind).
• 3. The board of directors is authorised to decide upon the subscription terms, including subscription price, date of payment and the right to sell shares to others in relation to an increase of share capital.
• 4. This authorisation is valid until the ordinary general meeting in 2021, however at the latest until 30 June 2021.
• 5. Existing shareholders pre-emptive right to subscribe for shares according to Section 10-4 of the Norwegian Public Limited Liability Companies Act may be set aside.
• 6. The authorisation includes decision on merger according to Section 13-5 of the Norwegian Public Limited Companies Act.
• 7. The general meeting authorises the board of directors to amend the Company's articles of association concerning the share capital and number of shares when the authorisation is used.
• 8. This authorisation replaces previously granted authorisations for share capital increase from registration in the Norwegian Register of Business Enterprises."

14.2 - Authorisation to share capital increase with up to 10% of the share capital

As the proposal in item 14.1 was resolved by the general meeting, it was not voted for this alternative.

14.3 – Authorisation for share capital increase according to the Company's incentive program

The general meeting made the following resolution:

1. "The board of directors is hereby authorised to execute one or more share capital increases by

begrenset oppad til 500 000 aksjer pålydende NOK 0,50. Samlet økning av aksjekapitalen kan utgjøre opp til NOK 250 000.

• 2. Styret kan utvide aksjekapitalen ved utstedelse av aksjer til ansatte og medlemmer av styret. Fullmakten kan også benyttes til utstedelse av aksjer ved utøvelse av opsjoner/tegningsrettigheter tildelt under Selskapets incentivprogram.
• 3. Fullmakten gjelder til ordinær generalforsamling i 2021, likevel senest til 30. juni 2021.
• 4. Eksisterende aksjeeieres fortrinnsrett til å tegne aksjer etter allmennaksjeloven § 10-4 kan settes til side.
• 5. Fullmakten omfatter ikke beslutning om fusjon etter allmennaksjeloven § 13-5 eller kapitalforhøyelse ved tingsinnskudd.
• 1. Generalforsamlingen gir styret fullmakt til å endre Selskapets vedtekter vedrørende aksjekapitalen og antall aksjer når fullmakten brukes."

* * *

Ingen andre saker var til behandling.

issuing in total 500,000 shares with a nominal value of NOK 0.50. The total amount by which the share capital may be increased is NOK 250,000.

• 2. The board of directors is authorised to increase the Company's share capital through issuing shares to employees and members of the board of directors. The authorisation may also be used to issue shares in connection with the exercising of options/subscription rights allocated under the Company's incentive program.
• 3. This authorisation is valid until the ordinary general meeting in 2021, however no later than 30 June 2021.
• 4. Existing shareholders pre-emptive right to subscribe for shares according to Section 10-4 of the Norwegian Public Limited Liability Companies Act may be set aside.
• 5. The authorisation does not include decision on merger according to Section 13-5 of the Norwegian Public Limited Companies Act or share capital increase with settlement against consideration in kind.
• 6. The general meeting authorises the board of directors to amend the Company's articles of association concerning the share capital and number of shares when the authorisation is used.

* * *

No other matters were on the agenda.

Oslo, 10. June 2020 / Oslo, 10 June 2020

_______________________________________ _______________________________________ sign. sign.

Jan Hendrik Egberts Erik Dahl

Total Represented

ISIN :	NO0010000045 PHOTOCURE ASA
General meeting date: 10/06/2020 17.00
Today:	10.06.2020

Number of persons with voting rights represented/attended : 2

	Number of shares % sc
Total shares	24,110,020
- own shares of the company	16,624
Total shares with voting rights	24,093,396
Represented by advance vote	35,113	0.15 %
Sum own shares	35,113	0.15 %
Represented by proxy	759,356	3.15 %
Represented by voting instruction	2,648,568	10.99 %
Sum proxy shares	3,407,924	14.15 %
Total represented with voting rights	3,443,037	14.29 %
Total represented by share capital	3,443,037	14.28 %

Registrar for the company:	Signature company:
NORDEA BANK ABP, FILIAL NORGE	PHOTOCURE ASA

sign.

sign.

Protocol for general meeting PHOTOCURE ASA

ANSI	NO0010000045 PHOTOCURE ASA
General meeting date: 10/06/2020 17.00
Today:	10.06.2020

Shares class	FOR	Against	Abstain Poll in			Poll not registered Represented shares with voting rights
Agenda item 3 Election of a chairperson of the meeting and a person to co-sign the minutes
Ordinær	3,443,018	0	19	3,443,037	0	3,443,037
votes cast in %	100.00 %	0.00 %	0.00 %
representation of sc in %	100.00 %	0.00 %	0.00 %	100.00 %	0.00 %
total sc in %	14.28 %	0.00 %	0.00 %	14.28 %	0.00 %
Total	3,443,018	0	19	3,443,037	0	3,443,037
Agenda item 4 Approval of notice and agenda
Ordinær	3,443,018	0	19	3,443,037	0	3,443,037
votes cast in %	100.00 %	0.00 %	0.00 %
representation of sc in %	100.00 %	0.00 %	0.00 %	100.00 %	0.00 %
total sc in %	14.28 %	0.00 %	0.00 %	14.28 %	0.00 %
Total	3,443,018	0	19	3,443,037	0	3,443,037
Agenda item 5 Approval of the annual accounts and the annual report for the financial year 2019
Ordinær	3,435,018	0	8,019	3,443,037	0	3,443,037
votes cast in %	99.77 %	0.00 %	0.23 %
representation of sc in %	99.77 %	0.00 %	0.23 %	100.00 %	0.00 %
total sc in %	14.25 %	0.00 %		14.28 %	0.00 %
			0.03 %
Total	3,435,018	0	8,019	3,443,037	0	3,443,037
Agenda item 6.a Approval of the declaration on salaries and other remuneration for senior management Advisory vote is held for precatory guidelines
Ordinær	3,369,241	65,777	8,019	3,443,037	0	3,443,037
votes cast in %	97.86 %	1.91 %	0.23 %
representation of sc in %	97.86 %	1.91 %	0.23 %	100.00 %	0.00 %
total sc in %	13.97 %	0.27 %	0.03 %	14.28 %	0.00 %
Total	3,369,241	65,777		8,019 3,443,037	0	3,443,037
Agenda item 6.b Approval of the declaration on salaries and other remuneration for senior management:
Approval of binding guidelines
Ordinær	3,019,394	415,624	8,019	3,443,037	0	3,443,037
votes cast in %	87.70 %	12.07 %	0.23 %
representation of sc in %	87.70 %	12.07 %	0.23 %	100.00 %	0.00 %
total sc in %	12.52 %	1.72 %	0.03 %	14.28 %	0.00 %
Total	3,019,394	415,624	8,019	3,443,037	0	3,443,037
Agenda item 8 Remuneration to the board members of the nomination committee
Ordinær	3,413,271	21,747	8,019	3,443,037	0	3,443,037
votes cast in %	99.14 %	0.63 %	0.23 %
representation of sc in %	99.14 %	0.63 %	0.23 %	100.00 %	0.00 %
total sc in %	14.16 %	0.09 %	0.03 %	14.28 %	0.00 %
Total	3,413,271	21,747	8,019	3,443,037	0	3,443,037
Agenda item 9 Remuneration to the auditor
Ordinær	3,390,588	44,430		8,019 3,443,037	0	3,443,037
votes cast in %	98.48 %	1.29 %	0.23 %
representation of sc in %	98,48 %	1.29 %	0.23 %	100.00 %	0.00 %
total sc in %	14.06 %	0.18 %	0.03 %	14.28 %	0.00 %
Total	3,390,588	44,430		8,019 3,443,037	0	3,443,037
Agenda item 10 Election of board members The nomination committee's proposal in its entirety Ordinær 3,369,261 65,307 8,469 3,443,037 0 3,443,037
votes cast in %	97.86 %	1.90 %	0.25 %
representation of sc in %	97.86 %	1.90 %	0.25 %	100.00 %	0.00 %
total sc in %	13.98 %	0.27 %	0.04 %	14.28 %	0.00 %
Total	3,369,261	65,307	8,469	3,443,037	0	3,443,037
Agenda item 10.a Jan H. Egberts, chairperson
Ordinær	3,434,368	200	8,469	3,443,037	0	3,443,037
votes cast in %	99.75 %	0.01 %	0.25 %
representation of sc in %	99.75 %	0.01 %	0.25 %	100.00 %	0.00 %
total sc in %	14.25 %	0.00 %	0.04 %	14.28 %	0.00 %
Total	3,434,368	200	8,469	3,443,037	0	3,443,037

Shares class	FOR		Against Abstain Poll in			Poll not registered Represented shares with voting rights
Agenda item 10.b Grannum R. Sant, board member
Ordinær	3,434,568	0	8,469	3,443,037	0	3,443,037
votes cast in %	99.75 %	0.00 %	0.25 %
representation of sc in %	99.75 %	0.00 %	0.25 %	100.00 %	0.00 %
total sc in %	14.25 %	0.00 %	0.04 %	14.28 %	0.00 %
Total	3,434,568	0	8,469	3,443,037	0	3,443,037
Agenda item 10.c Johanna Holldack, board member
Ordinær	3,413,491	0	29,546	3,443,037	0	3,443,037
votes cast in %	99.14 %	0.00 %	0.86 %
representation of sc in %	99.14 %	0.00 %	0.86 %	100.00 %	0.00 %
total sc in %	14.16 %	0.00 %	0.12 %	14.28 %	0.00 %
Total	3,413,491	0	29,546	3,443,037	0	3,443,037
Agenda item 10.d Anders Tuv, board member
Ordinær	3,390,538	44,030	8,469	3,443,037	0	3,443,037
votes cast in %	98.48 %	1.28 %	0.25 %
representation of sc in %	98.48 %	1.28 %	0.25 %	100.00 %	0.00 %
total sc in %	14.06 %	0.18 %	0.04 %	14.28 %	0.00 %
Total	3,390,538	44,030	8,469	3,443,037	0	3,443,037
Agenda item 10.e Anne Worsøe, board member
Ordinær	3,369,461	65,107	8,469	3,443,037	0	3,443,037
votes cast in %	97.86 %	1.89 %	0.25 %
representation of sc in %	97.86 %	1.89 %	0.25 %	100.00 %	0.00 %
total sc in %	13.98 %	0.27 %	0.04 %	14.28 %	0.00 %
Total	3,369,461	65,107	8,469	3,443,037	0	3,443,037
Agenda item 11 Election of members to the nomination committee The nomination committee's proposal in its entirety
Ordinær	3,412,191	21,277	9,569	3,443,037	0	3,443,037
votes cast in %	99.10 %	0.62 %	0.28 %
representation of sc in %	99.10 %	0.62 %	0.28 %	100.00 %	0.00 %
total sc in %	14.15 %	0.09 %	0.04 %	14.28 %	0.00 %
Total	3,412,191	21,277	9,569	3,443,037	0	3,443,037
Agenda item 11.a Hans Peter Bøhn, chairperson
Ordinær	3,433,268	200	ਰੇ 569	3,443,037	0	3,443,037
votes cast in %	99.72 %	0.01 %	0.28 %
representation of sc in %	99.72 %	0.01 %	0.28 %	100.00 %	0.00 %
total sc In %	14.24 %	0.00 %	0.04 %	14.28 %	0.00 %
Total	3,433,268	200	9,569	3,443,037	0	3,443,037
Agenda item 11.b Lars Viksmoen, member
Ordinaer	3,412,391	0	30,646	3,443,037	0	3,443,037
votes cast in %	99.11 %	0.00 %	0.89 %
representation of sc in %	99.11 %	0.00 %	0.89 %	100.00 %	0.00 %
total sc in %	14.15 %	0.00 %	0.13 %	14.28 %	0.00 %
Total	3,412,391	0	30,646	3,443,037	0	3,443,037
Agenda item 11.c Jónas Einarsson, member
Ordinær	3,412,391	21,077	ಡಿ, ನಿಕ್ಕಾ	3,443,037	0	3,443,037
votes cast in %	99.11 %	0.61 %	0.28 %
representation of sc in %	99.11 %	0.61 %	0.28 %	100.00 %	0.00 %
total sc In %	14.15 %	0.09 %	0.04 %	14.28 %	0.00 %
Total	3,412,391	21,077	9,569	3,443,037	0	3,443,037
Agenda item 12 Notice period for calling extraordinary general meeting
Ordinær	3,433,418	50	9,569	3,443,037	0	3,443,037
votes cast in %	99.72 %	0.00 %	0.28 %
representation of sc in %	99.72 %	0.00 %	0.28 %	100.00 %	0.00 %
total sc in %	14.24 %	0.00 %	0.04 %	14.28 %	0.00 %
Total	3,433,418	50	9,569	3,443,037	0	3,443,037
Agenda item 13 Board authorisation to acquire own shares
Ordinær	3,396,768	1,070	45,199	3,443,037	0	3,443,037
votes cast in %	98.66 %	0.03 %	1.31 %
representation of sc in %	98.66 %	0.03 %	1.31 %	100.00 %	0.00 %
total sc in %	14.09 %	0.00 %	0.19 %	14.28 %	0.00 %
Total	3,396,768	1,070	45,199	3,443,037	0	3,443,037
Agenda item 14.1 Board authorisations to increase the share capital - Board authorisation no. 1 (15%)

Shares class	FOR	Against	Abstain	Poll in	Poll not registered	Represented shares with voting rights
Ordinaer	3,061,024	380,863	1,150	3,443,037	0	3,443,037
votes cast in %	88.91 %	11.06 %	0.03 %
representation of sc in %	88.91 %	11.06 %	0.03 %	100.00 %	0.00 %
total sc in %	12.70 %	1.58 %	0.01 %	14.28 %	0.00 %
Total	3,061,024 380,863		1,150	3,443,037	0	3,443,037
Agenda item 14.3 Board authorisations to increase the share capital - Board authorisation no. 2 (incentive schemes)
Ordinær	3,017,824	424.063	1,150	3,443,037	0	3.443,037
votes cast in %	87.65 %	12.32 %	0.03 %
representation of sc in %	87.65 %	12.32 %	0.03 %	100.00 %	0.00 %
total sc in %	12.52 %	1.76 %	0.01 %	14.28 %	0.00 %
Total	3,017,824	424,063	1,150	3,443,037	0	3,443,037

Registrar for the company:	Signature company:
NORDEA BANK ABP, FILIAL NORGE	PHOTOCURE ASA
sign.	sign.

Share information

Name	Total number of shares Nominal value Share capital Voting rights
Ordinær	24,110,020	0.50 12,055,010.00 Yes
Sum:

§ 5-17 Generally majority requirement

requires majority of the given votes

§ 5-18 Amendment to resolution
Requires two-thirds majority of the given votes
like the issued share capital represented/attended on the general meeting