Extraordinary general meeting
On 26 September 2011, a meeting of the corporate assembly of Orkla was held to discuss the proposal from the board of directors regarding payment of extraordinary dividend of NOK 5 per share.
The corporate assembly passed the following statement in this regard:
“The corporate assembly of Orkla ASA has discussed the proposal from the board of directors regarding payment of extraordinary dividend of NOK 5 per share, exclusive of treasury shares, and recommend the proposal for the general meeting.”
An extraordinary general meeting of Orkla will be held on 3 November 2011 at 3 pm (Norwegian time) at the company’s offices at Karenslyst allé 6, Oslo, for treatment of the proposal put forward by the board of directors regarding extraordinary dividend. The share will be traded exclusive of dividend on 4 November 2011. Subject to the decision of the extraordinary general meeting regarding dividend, the dividend payment will take place on15 November 2011 to shareholders of record as per the date of the extraordinary general meeting
Notice of the extraordinary general meeting will be sent to all shareholders and published through Oslo Stock Exchange on 13 October 2011.
A shareholder has the right to put matters on the agenda of the general meeting. The matter shall be reported in writing to the board of directors within seven days prior to the time limit for the notice to the general meeting, along with a proposal to a draft resolution or an explanation as to why the matter has been put on the agenda. A shareholder has in addition a right to put forward a proposal for resolution.