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Aker Solutions Remuneration Information 2016

Sep 26, 2016

3531_dirs_2016-09-26_c3378c69-46c5-49b1-b439-269e79d4453f.html

Remuneration Information

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Aker Solutions to Execute Share Purchase Program for Employees

Aker Solutions to Execute Share Purchase Program for Employees

September 26, 2016 - Aker Solutions will for the eighth consecutive year offer

employees in selected jurisdictions the opportunity to buy shares of the

company.

The 2016 employee share purchase program allows participants to acquire shares

for between NOK 10,000 and NOK 60,000. Participants are offered a general

discount of NOK 1,500 on their total share purchase. In addition, a price

reduction of 25 percent of the share price will apply in exchange for the

purchased shares being subject to a three-year lock-up period. The purchase will

be financed by a loan from Aker Solutions to be settled by salary deductions

over a twelve-month period.

Aker Solutions will also offer selected managers the opportunity to buy

additional shares worth as much as 25 percent of their annual base salary. A

price reduction of 25 percent of the share price will apply in exchange for the

purchased shares being subject to a three-year lock-up period. The managers are

responsible for the financing and upfront cash settlement of these purchases.

The subscription period for both programs is October 28 - November 11, 2016.

Invitations to participate will be distributed to eligible employees and

managers around mid-October 2016.

The price per share will be based on the average volume-weighted share price on

the Oslo Stock Exchange in the period December 8-14, 2016. Shares will be

allocated to participants on December 15, 2016.

The company will purchase own shares in the open market to sell to participants

in the programs.

ENDS

For further information, please contact:

Media:

Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel:

+47 67 59 42 71, Mob: +47 480 27 575, E-mail: [email protected]

Investors:

Per Christian Olsen, Analyst, Investor Relations, Aker Solutions. Tel:

+47 67 51 36 58, Mob: +47 900 29 077, E-mail:

[email protected]

Aker Solutions is a global provider of products, systems and services to the oil

and gas industry. Its engineering, design and technology bring discoveries into

production and maximize recovery. The company employs approximately 13,000

people in about 20 countries. Go to http://akersolutions.com for more

information on our business, people and values.

This press release may include forward-looking information or statements and is

subject to our disclaimer, see http://akersolutions.com

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.