Election Committee

At the General Meeting held on 7 May 2009, Inmeta ASA decided to establish an election committee (and elected one on a proposal from the Board). The committee consists of two members, and the General Meeting elects the chairman from among these two.

Committee members are elected for up to two years at a time.

The tasks of the committee are to promote justified proposals to the General Meeting concerning the election of members of the Board chosen by the shareholders. Suggestions and input can be addressed to the election committee. The committee makes the relevant preparations to allow the General Meeting to vote for the candidates in question.

The election committee also presents proposals concerning the election of the Chairman of the Board.

The members of the election committee are:

Ulf Ristebråten-Chairman
Ulf Ristebråten (born in 1953) was CEO of Inmeta ASA from 1 January 2002 through 31 October 2006. Through his wholly owned company Patri Invest & Trading AS, Ulf Ristebråten is the majority shareholder in the company. He also sits on the Boards of several companies in which he holds appreciable ownership stakes. Through Patri Invest & Trading AS, Ulf Ristebråten holds 3,705,237 shares in the company. E-mail: ulf@ristebraaten.no Mobile: +47 9225 3311

Olav Waagan
Olav Waagan (born in 1970) has been manager of the Consulting business area at the listed company Exense ASA since 2005. From December 2007 until the take over by Inmeta ASA in August 2008, he was manager of Exense Consulting ASA, an independent company listed on the Oslo Axess exchange. Olav Waagan has a BCom degree – data line – from the Norwegian Institute of Technology (NTH), and has participated in the start-up of several IT companies. He has extensive experience as a consultant and project manager from IT projects in the field of banking and finance, both nationally and internationally. Olav Waagan is the principal owner of Jaao Invest AS, which owns 3,247,075 shares in Inmeta ASA. He has no future share options.