PGS ASA

AGM Information • May 8, 2014

MINUTES FROM ANNUAL GENERAL MEETING

IN

PETROLEUM GEO.SERVICES ASA

On Thursday May 8,2014 the Annual General Meeting was held at Petroleum Geo-Services ASA's (the "Company") offtces in Oslo.

From the Board of Directors (the "Board"), the following directors were present:

Chairperson of the Board Francis Gugen, Harald Norvik, Carol Bell, Holly Van Deursen, Daniel J. Piette, Ingar Skaug, Anne Grethe Dalane and'Walter Qvam.

From the Management, the following persons were present:

President and CEO Jon Erik Reinhardsen and General Counsel Rune Olav Pedersen.

The Chairperson of the Board, Francis Gugen, who prepared a list of attending shareholders, chaired the Annual General Meeting. The list is attached to these minutes.

From KPMG AS, the company's external auditor, Arne Frogner, was present.

ITEM ¹ APPROVAL OF THE CALLING NOTICE AND AGENDA

There were no comments on the notice of the meeting or the agenda.

The following was resolved:

The calling notice and agenda were approved by the General Meeting.

ITEM 2 ELECTION OF PERSON TO COUNTERSIGN THE MINUTES

The following was resolved:

Rune Olav Pedersen was appointed to countersign the Minutes

ITEM ³ APPROVAL OF THE DIRECTORS' REPORT AND FINANCIAL STATEMENTS OF PETROLEUM GEO.SERVICES ASA AND THE GROUP FOR 2013

The Board of Directors' Report and the Financial Statements for 2013 were presented by President and CEO Jon Erik Reinhardsen.

The Board of Directors' Report and the Financial Statements of Petroleum Geo-Services ASA and the groupfor 2013 are approved.

ITEM 4 APPROVAL OF DIVIDENDS FOR ²⁰¹³

The Chairperson presented the proposal for dividend payment for 2013 of NOK 2.30 per share. The aggregate dividend amount in the resolution has been amended since the calling notice, as the company has acquired treasury shares after sending out the calling notice.

The following was resolved:

NOK 2.30 per share is paid as dividendfor 2013, constituting an aggregate dividendpayment of NOK 493,287,893.10. The dividendwill be paid to those who are shareholders at end of trading on I May 2014, and the shares will be trading exclusive dividend rights as of 9 May 2014.

ITEM ⁵ APPROVAL OF THE AUDITOR'S FEE FOR 2013

The Auditor's fees for 2013 amount to NOK 4,203,489.

The following was resolved:

The General Meeting approves the Auditor's fees for 2013

ITEM 6 ELECTION OF NE\ry EXTERNAL AUDITOR

After a thorough evaluation process of the four leading auditor firms in Norway, the Board recommends to the Annual General Meeting that Ernst & Young AS, in Oslo is elected as the Company's new external auditor.

The following was resolved:

Ernst & Young AS is elected as the Company's new auditor

ITEM 7 ELECTION OF BOARD OF DIRECTORS

The Chairperson of the Nomination Committee, Roger O'Neil, informed about the Committee's wotk, recommendation on members for re-election to the Board and the principles for fees to Directors and members of the Nomination Committee.

Francis Robert Gugen (Chairperson) ITEM 7.1

Francis Robert Gugen shall be re-elected as Chairperson to the Board of Directors þr a service period commencing on the date hereof,

lTnNI7.2 Harald Norvik (Vice Chairperson)

The following was resolved:

Harald Norvik shall be re-elected to the Board of Directors as Vice Chairpersonfor a service period commencing on the date hereof.

ITEM 7.3 Daniel J. Piette

The following was resolved:

Daniel J. Piette shall be re-elected to the Board of Directors for a service period commencing on the date hereof.

ITEM 7.4 Holly Van Deursen

The following was resolved:

Holly Van Deursen shall be re-elected to the Board of Directors þr a service period commencing on the date hereof.

ITEM 7.5 Carol Bell

The following was resolved:

Carol Bell shall be re-elected to the Board of Directors for a service period commencing on the date hereof,

ITEM 7.6 Ingar Skaug

The following was resolved:

Ingar Skaug shall be re-elected to the Board of Directors fo, o service period commencing on the date hereof.

Anne Grethe Dalane ITEM 7.7

The following was resolved:

Anne Grethe Dalane shall be re-elected to the Board of Directors þr a service period commencing on the date hereof.

\ilalter Qvam ITEM 7.8

Walter Qvam shalt be re-elected to the Board of Directors for a service period commencing on the date hereof.

ITEM 8 NOMINATION COMMITTEE - ELECTION OF MEMBERS

The Chairperson of the Nomination Committee informed of the Committee's work and recommendation on members for re-election to the Nomination Committee.

ITEM 8.1 Roger O'Neil (Chairperson)

The following was resolved:

Roger O'Neil shall be shall be re-elected to the Nomination Committee as Chairperson for a new service period commencing on the date hereof and ending with the 2015 annual general meeting.

ITEM 8.2 C. Maury Devine

The following was resolved:

C. Maury Devine shall be re-elected to the Nomirtation Committee for a new service period commencing on the date hereof and ending with the 2015 annual general meeting.

ITEM 8.3 Hanne Harlem

The following was resolved:

Hanne Harlem shall be shall be re-elected to the Nomination Committee for a new service period commencing on the date hereof and endingwith the 2015 annual general meeting.

APPROVAL OF THE BOARD MEMBERS' AND NOMINATION COMMITTEE MEMBERS' FEES ITEM ⁹

Motion to approve Board members' and Nomination Committee memberst fees Item 9.1

The following was resolved

The General Meeting approves the fee to each member of the Board of Directors and each member of the Nomination Committee.

Motion to approve the principles for the shareholder elected Board members' fees for the period 8 May 2014 to the annual general meeting 2015 Item9,2

The following was resolved:

The General Meeting qpproves the principles for the shareholder elected Board members'fees for the period I May 2014 to the qnnual general meeting 201 5.

Item 9.3 Motion to approve the principles for the fees for the members of the Nomination Committee for the period 8 May 2014 to the annual general meeting 2015

The following was resolved:

The General Meeting approves the principles for the Nomination Committee mettbers'feesfor the period B May 2014 to the annual general meeting 2015.

ITEM 10 AUTHORIZATION TO ACQUIRE TREASURY SHARES

The Chairperson informed of the proposal to authorize the Company's Board of Directors to acquire treasury shares.

• The Board of Directors is authorized to acquire shares in the Company on behalf of the Company. (i)
• (iÐ The shares are to be acquired at market terms in a regulated market where the shares are traded.
• (iii) The shares may be disposed of either to meet obligations under employee incentive schemes, as part of consideration payable for acquisitions made by the Company, as part of consideration for any mergers, demergers or acquisitions involving the Company, by way of cancellation of the shares in part or full, to raise funds þr specific investments, for the purpose of paying down loans (including convertible loans), or in order to strengthen the Company's capital base. The Board is free to choose the method of disposal considered expe dient for such purpos es.
• (iv) The maximumface value of the shares which the Company may acquire pursuant to this authorization is in total NOK 65,339,999. Under no circumstances can the Company acquire shares leading to an aggregate number of treasury shares exceeding I0 percent of the total number of shøres. The minimum omount which may be paid þr each share acquired pursuant to this power of attorney is NOK 3, and the maximum amount is NOK 300.
• (v) This quthorization is valid from registration in the Norwegian Register of Business Enterprises and expires on 30 June 2015.

(vi) The authorization to acquire Treasury Shares granted on 14 May ²⁰¹³ is revoked with ffict from the time the above authorization in this item l0 becomes ffictive.

ITEM ¹¹ STATEMENT FROM THE BOARD REGARDING REMUNERATION PRINCIPLES FOR SENIOR EXECUTIVES

The Chairperson gave apresentation of the statement from the Board regarding remuneration principles for senior executives.

The following was resolved:

The Board statement pursuant to section 6-l6a of the Public Limited Companies Act is approved.

ITEM 12 APPROVAL OF PERFORMANCE BASED RESTRICTED STOCK PLAN

The Chairperson informed on the main aspects of the Performance Based Restricted Stock Plan.

The following was resolved:

The Performance Based Restricted Stock Plan is approved.

ITEM ¹³ MOTION TO AUTHORIZE THE COMPANY'S BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL

The Chairperson informed of the proposal to authorize the Company's Board to increase the share capital.

Item 13.1 General authorization to issue new shares

The following was resolved

The General Meeting hereby approves the following authorization.

The Board of Directors is authorized to increase the Company's share capital by a total amount of NOK 65,339,999 through one or more subscriptions. The authorization is, however, restricted so that the number of shares to be issued under this authorization and the authorization to issue convertible bonds set out in item I4 of the minutes from the Annual General Meeting held I May 2014 in the aggregate cannot exceed l0% of the Company's share capital at the time of the resolution to issue shares. The Board of Directors is further (i)

authorized to determine the price and terms of such ffirings and subscriptions, including but not limited to, whether in the Norwegian and/or the international markets, whether private or public and whether or not underwritten.

• (iÐ The authorization includes the right to increase the Company's share capital in return for non-cash contributions and the right to assume special obligations on behalf of the Company.
• (iii) The authorization shall be utilised in connection with potential acquisitions of companies or businesses withirt the oil and energy sector, including the oil service sector, settlement of obligations (including convertible loans), funding of material investments or to raise funds in order to strengthen the Company's capital base.
• (iv) The Board of Directors is further authorized to set aside the preferential rights pursuant to Section l0-4 of the Public Limited Companies AcL The rationale behind each such resolution must be given by the Board, and must be based on this being in the interest of the Company due to strategic benefits or needþr capital contributions.
• (v) The authorization includes a resolution to merge, c.f. the Public Limited Companies Act Section l3-5.
• (vÐ The authorization shall be ffictive from the date it is registered in the Norwegian Register of Business Enterprises and shall be valid until 30 June 2015.
• (viÐ The general authorization to issue new shares that was granted on the General Meeting 14 May 2013 is revoked with ffict from the time the above authorizationinthis item l3.I becomes ffictive.

Item 13.2 Authorization to issue new shares in connection with existing share option programs

The following was resolved:

The General Meeting hereby approves the following authorization

• The Board of Directors is authorized to increase the Company's share capital by a total amount of NOK 9,000,000 through one or more subscriptions. The Board of Directors is further authorized to determine the price and terms of such offerings and subscriptions within the limits and in accordance of the terms of the Company's share option programs inforce at any time. (i)

• (ii) The authorization shall only be utilised in connection with the Company's share option programs inforce at any time.

• (iii) The Board of Directors is further authorized to waive the preferential rights pursuant to section 10-4 of the Public Limited companies Act. The reason for this is that the objective of the share option program is to create incentives to employees.

• (iv) The authorization shall be ffictive from the date it is registered in the Norwegian Register of Business Enterprises and expires on 30 June 201 5.
• (v) The authorization to issue new shares in connection with the share option program that was granted at the General Meeting on 14 May ²⁰¹3 is revoked with effect from the time the above authorization in this item 13.2 becomes ffictive.

ITEM 14 MOTION TO AUTHORIZE THE COMPANY'S BOARD OF DIRECTORS TO ISSUE CONVERTIBLE LOANS

The Chairperson informed of the proposal to authorize the Company's Board to issue convertible loans.

The following was resolved:

The General Meeting hereby approves the following authorization:

• The Company may raise new convertible loans at a total amount of NOK 3,500,000,000 (or the equivalent in other currencies). The Board of Directors are authorised to negotiate and enter into convertible loan agreements within the limits and in accordance with the terms of this authorisation. (Ð
• (iÐ The share capital of the Company may be in*eased by a total of NOK 65,339,999 as a result of the loans referred to in sub item (i) above being converted into equity. The authorization is, however, restricted so that the number of shares to be issued under this authorization and the general authorization to issue shares as set out in item l3.I of the minutes from the Annual General Meeting held 8 May 2014 in the aggregate cannot exceed 10% of the Company's share capital at the time of the resolution to issue convertible bonds.
• (iiÐ The shareholders'preferential rights to subscribe the loans may be set aside. The rationale behind each such resolution must be given by the Board, and must be based on this being in the interest of the Company due to strategic benefits or needfor capital contributions.
• (iv) The authorization to issue new convertible loans shall be ffictive from the date it is registered in the Norwegian Register of Business Enterprises and shall be valid until 30 June 2015. The authorization to increase the share capital in accordance with sub item (ii) above shall

be valid as long as required to meet the Company's obligations under the loan agreements.

(v) The authorization to issue convertible loans granted on I4 May 201 3 is revokedwith ffictfrom the time the above authorization in this item ¹⁴ becomes ffictive.

ITEM 15 INDEMNIFICATION OF BOARD OF DIRECTORS AND CEO

The Chairperson informed on the background for indemnification of the Board and the CEO.

The following was resolved:

The General Meeting accepts indemnffication for the Board members and the CEO for the period between 14 May 2013 and I May 2014'

ITEM 16 CORPORATE GOVERNANCE STATEMENT

The Chairpelson informed on the Company's corporate governance statement

FINAL COMMENTS

There were no further issues on the agenda. The Annual General Meeting was adjourned.

An overview of votes cast is attached hereto.

F bert Gugen Rune Olav Pedersen

i

Totalt representert

ISIN:	NOOO1O199151 PETROLEUM GEO-SERVICES ASA
Generalforsa mli ngsdato :	08.05.2014 15.00
Dagens dato:	08.05.2014

Antafl stemmeberettigede personer representeÉ/oppmøtt | ⁷

	Antall aksjer	o/o kapital
Total aksjer	2t7 799 997
- selskapets egne aksjer	3 327 000
Tota lt stem meberetti get aksjer	2L4 472 997
Representeft ved egne aksjer	2t 857 40t	t0,79 o/o
Representeft ved forhåndsstem me	7 399 334	3,45 o/o
Sum Egne aksjer	29 256 735	L3,64 o/o
' Representeft ved fullmakt	7 602 924	o,75 o/o
Representert ved stem mei nstruks	37 267 489	L7,38 o/o
Sum fullmakter	38 870 413	L8,t2 olo
Tota lt representert stem meberettiget	6A L27 L4A	3L,77 olo
ì Totalt representert av AK	6a L27 r4A	3r,28 olo

Kontofører for selska pet :

DNB Bank I

For selskapet:

M GEO-SERVICES ASA

Protokoll for generalforsamling PETROLEUM GEO-SERVICES ASA

ISIN: NO0010199151 PETROLEUM GEO-SERVICES ASA ceneralforsamlingsdato: 08.05.2014 15.00 Dagens dato: 08.05.2014

Aksjeklasse	For	Mot	Avgitte	Avstår	Ikke avgitt	Stemmeberettigede representerte aksjer
Sak 1 GODKJENNELSE AV INNKALLING OG AGENDA
Ordinær	68 126 470	101	68 126 571	577	0	68 127 148
% avgitte stemmer	100.00 %	0,00%		0,00 %
% representert AK	100,00 %	0,00%	100,00 %	0,00%	0,00%
% total AK	31,28 %	0,00%	31,28 %	0,00%	0,00 %
Totalt	68 126 470	101	68 126 571	577	0	68 127 148
Sak 2 VALG AV PERSON TIL Å MEDUNDERTEGNE PROTOKOLLEN
Ordinær	68 126 249	65	68 126 314	834	0	68 127 148
% avgitte stemmer	100,00 %	0,00%		0,00 %
% representert AK	100,00 %	0,00%	100,00 %	0,00 %	0,00%
% total AK	31,28 %	0,00%	31,28 %	0,00 %	0,00%
Totalt	68 126 249	65	68 126 314	834	0	68 127 148
KONSERNET						Sak 3 GODKJENNELSE AV ÅRSBERETNING OG ÅRSREGNSKAP FOR PETROLEUM GEO-SERVICES ASA OG
Ordinær	68 125 891	103	68 125 994	1 1 5 4	0	68 127 148
% avgitte stemmer	100,00 %	0,00%		0,00 %
% representert AK	100,00 %	0,00%	100,00 %	0,00%	0,00%
% total AK	31,28 %	0,00 %	31,28 %	0,00%	0.00%
Totalt	68 125 891	103	68 125 994	1 1 5 4	0	68 127 148
Sak 4 GODKJENNELSE AV UTBYTTE FOR 2013
Ordinær	68 126 641	101	68 126 742	406	0	68 127 148
% avgitte stemmer	100,00 %	0,00%		0,00%
% representert AK	100,00 %	0,00%	100,00 %	0,00%	0,00%
% total AK	31,28 %	0,00%	31,28 %	$0,00 \%$	0,00%
Totalt	68 126 641	101	68 126 742	406	o	68 127 148
Sak 5 GODKJENNELSE AV REVISJONSHONORAR FOR 2013
Ordinær	68 119 991	603	68 120 594	6 5 5 4	0	68 127 148
% avgitte stemmer	100,00 %	0,00%		0,00%
% representert AK	99,99 %	0,00%	99,99 %	0,01%	0,00%
% total AK	31,28 %	0.00%	31,28 %	0,00%	0,00%
Totalt	68 119 991	603	68 120 594	6554	0	68 127 148
Sak 6 VALG AV NY EKSTERN REVISOR
Ordinær	68 123 964	2 0 0 1	68 125 965	1 1 8 3	0	68 127 148
% avgitte stemmer	100,00 %	0,00 %		0,00%
% representert AK	100,00 %	0,00 %	100,00 %	0,00%	0,00%
% total AK	31,28 %	0,00%	31,28 %	0,00%	0,00%
Totalt	68 123 964	2 001	68 125 965	1 1 8 3	o	68 127 148
Sak 7 VALG AV STYREMEDLEMMER - Valgkomiteens innstilling i sin helhet
Ordinær	68 054 300	72 568	68 126 868	280	0	68 127 148
% avgitte stemmer	99,89 %	0,11%		0,00 %
% representert AK	99,89 %	0,11%	100,00 %	0,00%	0,00 %
% total AK	31,25 %	0,03%	31,28 %	0,00%	0,00%
Totalt	68 054 300	72 568	68 126 868	280	0	68 127 148
Sak 7.1 Francis Robert Gugen (Styres leder)
Ordinær	68 125 705	396	68 126 101	1 0 4 7	0	68 127 148
% avgitte stemmer	100,00 %	0,00%		0,00%
% representert AK	100,00 %	0,00%	100,00 %	0,00%	0,00%
% total AK	31,28%	0,00%	31,28 %	0,00%	0,00%

Aksjeklasse	For	Mot	Avg¡tte	Avstår		lkke avgitt Stemmeberett¡gede
Totalt	68 125 705		396 68 126 101	LO47	0	representerte aksjer 68 t27 148
Sak 7,2 Harald Norv¡k (Styrets nestleder)
Ordinær	68 119 999		5 931 68 125 930	1 218	U	64L27 L48
96 avgitte stemmer 99,99 o/o		0,01 %		o,oo o/o
96 representert AK	99,99 Vo	O,OL olo	100.00 oó	0,00 o/o	0,00 o/o
% total AK	3t,24 qi	0,00 %	3t,24 oro	0,00 %	0,00 o/o
Totalt	68 119 999		s 931 68 125 930	1 218	o	64 127 tß
Sak 7.3 Dan¡el J. P¡ette
Ordinær	68 t24 466		1 831 68 t26 697	45L		68t27 t48
o/o avg¡tte stemmer 100,00 0/6		0,00 %		o,oo o/o
o/o representert AK	100,00 %	0,00 9ó	100.00 %	0,00 %	0,00 0/6
o/o total AK	3L,24 alo	0,00 %	3L,24 %	0,00 9o	0,00 %
Toralt	68 124 466		1 831 68 t26697	451	o	6,8127 tß
Sak 7.4 Holly Van Deursen
Ordinær	68 056 681		65 916 68 L22597	4 551	0	68t27 L48
96 avg¡tte stemmer 99,90 %		0,10 %		0,00 oó
9ó representert AK	99.90 o'6	0,10 %	99,99 o/o	o,oL o/o	0,00 o/o
% total AK	31,25 olo	0,03 %	3L,24 oi/o	0,00 %	0,00 %
Totalt	68 056 681		6s 916 68 122597	4 551	o	68 127 148
Sak 7.5 Carol Bell
Ordinær	68 121 701	896	68 L22 597	4 551		68t27 L4A
9ó avg¡tte stemmer 100,00 o/o		0,00 %		0,00 o/o
o/o representert AK	99,99 oó	0,00 o/o	99,99 Vo	0,01 o/o	0.00 o/o
% total AK	3L,28 o/o	0,00 %	31,28 %	0.00 %	o,oo o/o
Totalt	68 121 701	896	6A t22s97	4 551	o	64t27 tß
Sak 7.6 Ingar Skaug
Ordin¿er	68 055 9¿+0		66 351 68t2229L	4 857	0	6at27 L48
96 avgitte stemmer 99,90 %		0,10 %		0,00 %
96 representert AK	99.90 %	0,10 %	99,99 0/o	O,OL VO	0,00 %
o/o total AK	31,25 Vo	o,o3 96	3t,28 0/o 66 351 68 L2229t	0,00 o/o	0,00 o/o	6A 127 t4A
Totalt	68 055 940			4 457	o
s,dk7,7 Anne Grethe Dalane Ord¡nær			68 r22 224	4 924	0	68L27 L48
o/o avg¡tte stemmer 100,00 o/o	68 121 828	396 0,00 o/o		0,00 o/o
oó representert AK	99,99 o/o	0,00 o/o	99,99 o/o	o,o7 vo	0,00 o/o
o/o total AK	3\,28o/o	o,oo o/o	3L,28 o/o	0,00 o/o	o,oo o/o
Totalt	68 12r 428	396	68 122 224	4924	o	68t27 tß
Sak 7,8 Walter Qvam
Ordinær	68 0¿¡a 328		766L6 68L24944	2 204	0	68t27 L48
o/o avgitte stemmer 99,89 o/o		O,ll oto		0,00 o/o
9ó representert AK	99,88 %	O,IL olo	100,00 %	0,00 %	0,00 %
oó total AK	3L,24 ofo	O,O4 ofþ	31,2A Eo	0.00 0/6	0,00 o/o
Totalt	6a o48 324		76 616 6a 1249¿14	22o'4	o	68 r27 1rt8
sak I VALGKOMTTÉ - VALG Av MEDLEMMER - valgkom¡teens ¡nnstilling ¡ s¡n helhet
Ordinær	68 Lrg 524		7 L73 68 126 697	451	0	68 L27 L48
ì o/o avgitte stemmer 99,99 Yo		O,Ot o/o		0,00 o/o
o/o representert AK	99,99 o/o		O,O! o/o 100,00 %	0,00 o/o	O,OO o/o
oó total AK	31,28 o/o	O,OO o/o	31,28 o/o	0,00 o/o	0,00 o/o
Totalt	68 1r9 524		7 173 68 126697	451	o	68 t27 148
Sak 8.1 Roger O'Ne¡l (Leder)
Ord¡nær	68 124 099		1 831 68 125 930	1' 2lA	0	6AL27 L48
Vo avgitte stemmer 100,00 o/o		0,00 o/o		O,OO o/o
9ó representert AK	100,00 o/o		O,OO o/o 100,00 o/o	0,00 o/o	0,00 %
o/o total AK	37,28 0/o	O,OO o/o	31,28 0/o	0,00 0/o	0,00 0/o

		Mot	Avgitte	Avstår		Ikke avgitt Stemmeberettigede
Aksjeklasse	For					representerte aksjer
Totalt	68 124 099	1831	68 125 930	1 218	0	68 127 148
Sak 8.2 C. Maury Devine
Ordinær	68 119 524	1831	68 121 355	5793	0	68 127 148
% avgitte stemmer	100,00 %	0,00%		0,00%
% representert AK	99,99 %	0,00%	99,99 %	0,01%	0,00%
% total AK	31,28 %	0,00%	31,28 %	0,00%	0,00%
Totalt	68 119 524	1831	68 121 355	5793	0	68 127 148
Sak 8.3 Hanne Harlem
Ordinær	68 121 226	4996	68 126 222	926	0	68 127 148
% avgitte stemmer	99,99 %	0.01%		0,00%
% representert AK	99,99 %	0.01%	100,00 %	0,00%	0,00%
% total AK	31,28 %	0,00%	31,28 %	0,00%	0,00%
Totalt	68 121 226	4996	68 126 222	926	o	68 127 148
Sak 9.1 Forslag om å godkjenne honorarer for styremedlemmene og medlemmene av Valgkomitéen
Ordinær	68 115 546	3816	68 119 362	7786	0	68 127 148
% avgitte stemmer	99,99 %	0.01%		0,00%
% representert AK	99.98 %	0.01%	99,99 %	0,01%	0,00%
% total AK	31,27 %	0,00%	31,28 %	0,00%	0,00 %
Totalt	68 115 546		3 816 68 119 362	7786	0	68 127 148
Sak 9.2 Forslag om å godkjenne prinsippene for fastsettelse av aksjonærvalgte styremedlemmers
honorar fra 8.mai 2014 til
Ordinær	68 117 596	2783	68 120 379	6769	0	68 127 148
% avgitte stemmer	100,00 %	0,00%		$0,00 \%$
% representert AK	99,99 %	0,00%	99,99 %	0,01%	0,00%
% total AK	31,28%	0,00%	31,28 %	0,00%	0,00%
Totalt	68 117 596		2 783 68 120 379	6769	$\bf o$	68 127 148
Sak 9.3 Forslag om å godkjenne prinsippene for fastsettelse av medlemmene av Valgkomitéen sine
honorarer fra 8.mai 2014 til
Ordinær	68 115 841	4 5 3 8	68 120 379	6769	0	68 127 148
% avgitte stemmer	99,99 %	0,01%		0,00%
% representert AK	99,98%	0,01%	99,99 %	0,01%	0,00%
% total AK	31,27 %	0,00 %	31,28 %	0,00%	0.00%
Totalt	68 115 841	4538	68 120 379	6769	0	68 127 148
Sak 10 FULLMAKT TIL Å KJØPE EGNE AKSJER
Ordinær	68 111 314	13 0 25	68 124 339	2809	0	68 127 148
% avgitte stemmer	99,98%	0,02%		0.00 %
% representert AK	99,98%	0,02%	100,00 %	0,00%	0,00%
% total AK	31,27 %	0,01%	31,28 %	0,00%	0,00%
Totalt	68 111 314		13 025 68 124 339	2809	0	68 127 148
Sak 11 ERKLÆRING FRA STYRET OM PRINSIPPER FOR FASTSETTELSE AV LØNN OG ANNEN
GODTGJØRELSE TIL
Ordinær	67 338 660	781 719	68 120 379	6769	0	68 127 148
% avgitte stemmer	98,85 %	1,15 %		$0,00 \%$
% representert AK	98,84 %	1,15 %	99,99 %	0.01%	0,00%
% total AK	30,92 %	0,36%	31,28 %	0,00%	0,00%
Totalt	67 338 660		781 719 68 120 379	6769	0	68 127 148
Sak 12 GODKJENNELSE AV AKSJEINSENTIVPROGRAM
Ordinær	56 389 407	10 093 749	66 483 156	1 643 992	0	68 127 148
% avgitte stemmer	84,82 %	15,18 %		0,00%
% representert AK	82,77 %	14,82 %	97,59 %	2,41 %	0,00 %
% total AK	25,89 %	4,63 %	30,53 %	0,76%	0,00%
Totalt		56 389 407 10 093 749 66 483 156 1 643 992			0	68 127 148
						Sak 13.1 FORSLAG OM Å GI STYRET FULLMAKT TIL Å FORHØYE SELSKAPETS AKSJEKAPITAL. Generell
fullmakt til å forhøye aksjekapitalen					0	68 127 148
Ordinær	67 865 536	260 676	68 126 212	936

Aksjeklasse	For	Mot	Avg¡tte	Avstår		Ikke avg¡tt Stemmeberett¡gede representerte aksjer
0,6 avg¡tte stemmer 99,620/o		O,38o/o		0,00 o/o
o/o representert AK	99,620/o		0,38 o/o 100,00 o/o	0,00 o/o	O'OO o/o
o/o total AK	31,16 oó	O,l2o/o	3L,28 o/o	0,00 %	0,00 o/o
Totatt	67 865 536		26l¡ 676 6A 126 212	936	0	6A L27 t4a
Sak 13.2 Fullmakt t¡l å forhøye aksjekap¡talen i forbindelse med det eks¡sterende
aksjeopsjonsprogrammet
Ordinær	67 665 183		458 723 68 123 906	3 242	0	6A L27 L4A
o/o avgitte stemmer 99,33 olo		O,67 o/o		0,00 o/o
o/o representert AK	99,32 o/o		O,67 o/o 100,00 %	0,01 o/o	0,00 o/o
o/o total AK	37,07 o/o	O,2t o/o	31,28 o/o	0.00 o/o	0,00 o/o
Totalt	67 665 183		458723 68 123 906	3 242	0	68 t27 148
SAK 14 FORSLAG OM A GI STYRET FULLMAKT TIL Â UTSTEDE KONVERTIBLE LAN
Ordin¿er	68 104 168		15 024 68 119 192	7 956	0	68 727 r48
yo avgitte stemmer 99,98o/o		O,O2o/o		0,00 o/o
9ó repfesentert AK	99,97 oh	O,O2 o/o	99,99 Vo	O,OL olo	0,00 o/o
o/o total AK	31,27 olo	0,01 o/o	3t,2a vo	0,00 o/o	0,00 o/o
Totalt	68 ro4 16a		15 024 68 119 192	7 956	0	6A 127 t4a
Sak 15 SKADESLøSHOL¡,E 5E AV STYREf.lEDLEllllEtlE OG ADII.DIREKTøR
Ordinær	60 900 836		7 223 L63 68 123 999	3 149	0	68t27 t48
96 avg¡tte stemmer 89,40 %		LO,6O qb		0,00 o/o
o/o representert AK	89,39 %		LO,6O o/o 100,00 %	O,OL o/o	O,OO o/o
9o total AK		27,960l/0 3,32o/o 3L,2Ao/o 0,00 9o			0,00 o/o
Totalt		60 fxlo 836 7 223 16.3 68 123 999		3 149	0	6a 127 144
Sak 16 UTTALEI-SE Oll GOD EIERSTYRING OG SELSKAPSLEDELSE
Ord¡nær	66 431 153		67 66 43L 22O 1 695 928		0	68 L27 L48
yo avgitte stemmer 100,00 %		0,00 o/o		0,00 o/o
96 representert AK	97,51 oyo	0,00 %o	97 ,51 96	2,49 o/o	0,00 %
9ó total AK	30,50 %	0,00 9o	30,50 o/o	0,78 olo	0,00 %
Totalt	66431153		67 6643122l¡ 16¡9592A		O	68t27 tß

	For selskapet:
DNB
Aksj asjon
llavn Totalt antall aksjer	Stemmerett
Ordinðer 217 799 997	3,00 653 399 991,00 Ja
Sum:

S 5-17 Alm¡nnel¡g flertallskrav krever flertall av de avgitte stemmer

S 5-18 Vedtektsendr¡ng

krever tilslutning fra minst to tredeler så vel av de avgitte stemmer som av den ak+kapital som er representert på generalforsaml¡ngen