RomReal Ltd.

AGM Information • Apr 28, 2014

MINUTES of the 2014 Annual General Meeting of RomReal Ltd. (the "Company") held at Victoria Place, 31 Victoria Street, Hamilton HM10, Bermuda on 25 April 2014 at 1.00pm (local time).

Represented by Proxy	Proxy Holder	Shares under Proxy
DNB Bank ASA	Chairman	10,612,278
Present		Shares present
Kjetil Gronskag		3,850,307
Jonas N. Bjerg		1,058,306

Total Shares Voting 15,520,891

In attendance: Kay Thorkildsen; Harris Palaondas; Adam Burton.

1. Kjetil Gronskag took the Chair and Adam Burton acted as Secretary to the meeting.

2. Notice and Quorum

The Chairman reported that Notice convening this meeting had been given in accordance with the Bye-laws of the Company and that a quorum was present.

3. Previous Minutes

RESOLVED that the minutes and written resolutions of the Members with effect from 19 April 2013, the date of the 2013 Annual General Meeting, to date, be confirmed as true and accurate.

4. Auditors' Report and Financial Statements

The Chairman placed before the meeting the Auditors' Report and Financial Statements for the financial year ended 31 December 2013, which had been approved by the Board of Directors.

RESOLVED that the Auditors' Report and Financial Statements for the financial year ended 31 December 2013, duly signed by all the Directors of the Company and presented at this meeting, be and are hereby adopted.

5. Appointment of Auditors

RESOLVED that Ernst & Young, Chartered Accountants, be and they are hereby reappointed Auditors of the Company to hold office until the close of the next Annual General Meeting; and that the Board be and it is hereby authorised to determine the Auditors' remuneration.

Votes FOR	Votes AGAINST
15,520,891	Nil

6. Election of Directors

RESOLVED that:

(a) the number of Directors be not more than EIGHT (8);

Votes FOR Votes AGAINST 15,520,891 Nil

(b) the following persons be and are hereby elected Directors of the Company to serve until the next Annual General Meeting of the Company or until their respective successors are elected or appointed:

Kjetil Gronskag Jonas N. Bjerg Arve Nilsson Lacramioara Isarescu Arne Reinemo

Votes FOR	Votes AGAINST
15,520,891	Nil

(c) the Board be and it is hereby authorised to fill any vacancy on the Board as and when it deems fit;

Votes FOR	Votes AGAINST
15,520,891	Nil

(d) the Board be and it is hereby authorised to appoint Alternate Directors as and when it deems fit; and

Votes FOR Votes AGAINST 15,520,891 Nil

(e) Consider fees payable to the Director(s) of EUR 1,500 per quarter. Directors Kjetil Gronskag, Jonas N. Bjerg, and Arve Nilsson abstain from any fees in case they are being re-elected.

Votes FOR	Votes AGAINST
15,520,891	Nil

RomReal Ltd. 2014 AGM 25 April 2014 Page 3 of 3

1. There being no further business, the meeting terminated.

Kjetil Gronskag (Chairman) Jonas N. Bjerg