Annual general meeting held on April 14, 2016

14/04/2016 - Stock exchange notice

Eksportfinans’ annual general meeting for 2016 took place today. The company’s annual report for 2015 is now available here.

All proposed issues were resolved including, but not limited to, the annual financial report and board of directors’ report for 2015 along with the board’s proposal not to pay dividends for the fiscal year 2015.

The annual general meeting also approved the proposed amendment to the Articles of Association following the adoption of a new corporate governance model. The new model is in compliance with the Act on Financial Companies effective from January 1, 2016, which does not require the presence of a control committee or a council of representatives in financial institution like Eksportfinans. Please refer to the corporate web page (www.eksportfinans.no) for a more detailed description of the new corporate governance model and the amended Articles of Association. 

Furthermore, the annual general meeting reelected the board of directors. Please refer to the corporate website for a full overview of the elected officers.

Eksportfinans also files the annual report on form 20-F for the fiscal year ended December 31, 2015 with the US Securities and Exchange Commission (SEC) within the end of April 2016.

 

Facts about Eksportfinans ASA

Eksportfinans manages a solid portfolio of loans to the Norwegian export industry and foreign buyers of Norwegian capital goods. The loans are guaranteed by GIEK (The Norwegian Guarantee Institute for Export Credits) and/or banks. The company also manages a substantial portfolio of international securities. The business is funded through bonds and commercial paper issued in the international capital markets. Eksportfinans was established in 1962 and is owned by banks operating in Norway and the Ministry of Trade, Industry and Fisheries on behalf of the Norwegian government. Entering 2016 total assets amounted to approximately NOK 65 billion. The company is staffed by highly skilled individuals and is located in Dronning Maud’s gate (Vika) in central Oslo.

 

Forward-looking statements

Some of the information herein constitutes "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events. These forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are outside of Eksportfinans’ control, which may cause actual results to differ materially from any future results expressed or implied from the forward-looking statements. As a result, any forward-looking statements included herein should not be regarded as a representation that the plans, objectives, results or other actions discussed will be achieved. Please see the company's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission for a discussion of certain factors that may cause actual results, performance or events to be materially different from those referred to herein. Eksportfinans disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.