NOTICE OF ANNUAL GENERAL MEETING
IN
SPECTRUM ASA
23 May 2014 at 10:00 am CET
at Sjølyst Plass 2 in Oslo
The Annual General Meeting in Spectrum ASA (Company) is hereby convened on 23 May 2014 at 10:00 am CET in the offices of the Company at Sjølyst Plass 2, 3rd floor, in Oslo.
All of the appendices to this notice are not enclosed to the paper version of the notice, but are made available on www.spectrumasa.com.
The Board of Directors of Spectrum ASA has decided to convene an Annual General Meeting to vote on the matters described below.
The following matters are on the agenda:
1. Opening of the General Meeting by the chairman of the Board of Directors, Glen Rødland. Registration of attending shareholders and attorneys.
2. Election of chairperson and person to co-sign the minutes together with the chairperson.
3. Approval of the notice and the agenda.
4. Approval of the 2013 annual report and accounts, including allocation of the result.
The Board of Directors proposes that a dividend of NOK 0,75 per share is paid for the financial year 2013. Dividend will be distributed to those who are shareholders in the Company as per the expiration of 23 May 2014. The share will be traded on Oslo Stock Exchange ex- dividend from and including 26 May 2014.
5. Approval of the auditor's remuneration.
6. Election of Board of Directors.
7. Election of Nomination Committee
8. Approval of remuneration to the Board of Directors, the Audit Committee and the Compensation Committee.
9. Approval of remuneration to the Nomination Committee.
10. Statement from the Board of Directors on salary and other remuneration to senior executives (consultative vote), including approval of new guidelines for the share option scheme, including increased limit.
11. Power of Attorney to the Board of Directors to increase the share capital in the Company - general.
12. Power of Attorney to the Board of Directors to increase the share capital in the Company - share option scheme.
13. Power of Attorney to the Board of Directors to increase the share capital in the Company - issuance of convertible loan.
14. Authorization to acquire own shares.
15. Statement regarding Corporate Governance - please see annual report.
The Notice and its appendices, including proposal of resolutions in matters on the agenda, are available on the Company's home page: www.spectrumasa.com, cf. the Public Limited Companies Act section 5-11b no. 3. The Notice has been prepared in Norwegian and English version. In the event of any inconsistencies, the Norwegian version prevails.
The shareholders may contact the Company: address; Sjølyst Plass 2, 0278 Oslo, fax: +47 23 01 49 61.
Oslo, 29 April 2014
The Board of Directors in Spectrum ASA
_________________
Glen Rødland
Chairman
