The following resolutions were made in the Extraordinary General Meeting of Marine Harvest Friday 6th November:
Authorization to raise convertible loans
"The Company's board is authorised to raise loans on terms including a right for the creditors to receive shares in the Company in settlement of the loan by setting off its claim against the contribution obligation within the following limits:
A: the total principal amount of such loans shall not exceed NOK 2,200,000,000; and
B: the number of shares issued in settlement of such loans shall not exceed 440,000,000 representing an increase in the Company's share capital of a maximum of NOK 330,000,000.
The board shall stipulate the detailed terms for such loans.
The authority includes the right to decide that the shareholders' preferred right to subscribe to such loans, cfr. section 11-4 of the Public Companies Act, shall not apply.
The authority shall be valid until the Company's general meeting in 2010 subject to expiry on 30 June 2010."
Amendment to the articles of association regarding the distribution of documentation in connection with general meetings on the Company's website
A new paragraph 9 was included in the Articles of Association:
"When documents concerning matters to be discussed at the general meeting are made available to the shareholders on the Company's website, the requirement in the Public Companies Act that such documents shall be sent to the shareholders shall not apply. This also applies to documents which, according to law, shall be included or enclosed to the notice of the general meeting. A shareholder may nonetheless request hard copies of such documents to be sent to him. The Company cannot claim any form of compensation for sending the documents to the shareholders."
The current article 9 in the articles of association is renumbered article 10.
The office translation of the protocol from the Extraordinary General meeting is attached.