To the Shareholders of Olicom A/S:
The Annual General Meeting of Shareholders of Olicom A/S (the “Company”) will
be held at Danmarks Tekniske Universitet, Building 101A, Meeting room 1, 2800
Kgs. Lyngby, Denmark, on Thursday, April 26, 2006, at 3:00 p.m., local time,
for the following purposes:
1. Report of the Board of Directors and associated actions.
(a) Presentation of the Management Report on the Company's activities
during financial year 2006,
(b) Presentation of Annual Report with Group Financial Statements
with Auditors' Certificate for approval and discharge of the
Board of Directors and Management, and
(c) Resolution to allocate losses to financial year 2007 according to
the approved Annual Report
2. Election of Directors.
3. Appointment of auditor.
4. Authorisation to the Board of Directors empowering the Company - from time
to time for a period of 18 months from the date of the Annual General
Meeting - to acquire up to 10% of the Company's issued shares at the
market
price in force at any time, with a deviation of +/- 10%.
5. Approval of remuneration to the members of the Board of Directors for the
coming financial year.
Resolution to
(i) Remunerate the Chairman of the Board of Directors with a fee
of DKK 160,000,
(ii) Remunerate other members of the Board of Directors with a fee
of DKK 80,000
6. Transaction of such other business as may properly come before the Annual
General Meeting and any adjournment(s) thereof.
7. Authorization to the Chairman of the Annual General Meeting
Presentation
The agenda and the full text of the proposals will be available for review at
the Company's office no later than 8 days prior to the Annual General Meeting.
Admission and Voting Right
Admission cards to the Annual General Meeting are issued against proper
identification at the Company's office until April 23, 2007. It is a condition
for participation in the Annual General Meeting that the application for
admission card has been received in time. The admission card is issued to the
person, who is registered as the owner in the share register.
Shareholders, who have acquired shares through transfer may only vote, if the
shares at the time of this notice are registered in the Company's share
register, or if the shareholder at the time of this notice has notified and
documented his acquisition. The acquired shares are, however, considered to be
present at the Annual General Meeting, even if the voting right cannot be
exercised, provided that the shareholding prior to the Annual General Meeting
is registered in the Company's share register, or when the shareholder has
notified and documented his acquisition.
Shareholders, that are registered in the Company's share register on the date
of this notice, and who has requested to be notified by e-mail and those
shareholders, who by special request have requested to be notified by mail,
will receive this notice of the Annual General Meeting.
Power of Attorney
Powers of Attorney may be given to the Company's chairman Mr. Eric K. Horten
and forwarded to the Company's address. Power of attorney may be given by using
the attached form.
Virum, April 17, 2007
On behalf of the Board of Directors
Eric Korre Horten
Chairman of the Board of Directors
