RomReal Ltd. — AGM Information 2015

Apr 27, 2015

MINUTES of the 2015 Annual General Meeting of RomReal Ltd. (the "Company") held at Burnaby Building, 16 Burnaby Street, Hamilton HM11, Bermuda on 24 April 2015 at 1.00pm (local time).

Present:	Represented by Proxy	Proxy Holder	Shares under Proxy
	DnB NOR Bank ASA	Chairman	12,962,559
Total number of shares:			41,367,782
Shares voted for:			12,962,559
Broker non-votes:			28,405,223

In attendance:	Kjetil Grønskag, Jonas Bjerg
	Richard Hartley (Secretary)

1. Kjetil Grønskag took the Chair and Richard Hartley 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 24 April 2014, the date of the 2014 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 2014, which had been approved by the Board of Directors.

RESOLVED that the Auditors' Report and Financial Statements for the financial year ended 31 December 2014, 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 re-appointed 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.

Vote FOR	Vote AGAINST	Vote ABSTAIN
12,962,559	0	0

6. Election of Directors

RESOLVED that:

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

Vote FOR	Vote AGAINST	Vote ABSTAIN
12,962,559	0	0

(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

Vote FOR	Vote AGAINST	Vote ABSTAIN
12,962,559	0	0

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

Vote FOR	Vote AGAINST	Vote ABSTAIN
12,962,559	0	0

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

Vote FOR	Vote AGAINST	Vote ABSTAIN
12,962,559	0	0

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

Vote FOR	Vote AGAINST	Vote ABSTAIN
12,962,559	0	0

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

Kjetil Grønskag (Chairman) Jonas Bjerg