Items 10 and 11:
The proposal to waive shareholders' pre-emptive rights is insufficiently justified. The authorisation represents approximately 170% of the existing share capital and could potentially result in significant dilution of existing shareholders. Without a clear justification for the specific purposes this authorisation is intended for, Folketrygdfondet cannot support the proposal.
Item 12:
Folketrygdfondet will vote against the remuneration report as the policy does not align with Folketrygdfondet's expectations. We see no indication of a maximum cap for variable remuneration, and the allocation under the scheme lacks transparency. Additionally, options are being granted to board members, which is contrary to the recommendations in Chapter 11 of the Norwegian Code of Practice for Corporate Governance (NUES).