Item 15: Authorisation to issue convertible loans
It is proposed that the general meeting grant the board authority to issue convertible loans equivalent to a capital increase of up to 10% of the company's share capital. The purpose of this authorisation is not tied to a specific purpose. It is also proposed in item 13 that the board be granted a general authorisation to increase the company's share capital by 10%. According to Folketrygdfondet's principles for voting, we normally vote against general authorisation for share issuances exceeding 10% of the share capital. The proposals in items 13 and 15 together grant an authorisation of 20%, and therefore Folketrygdfondet votes against item 15 to limit the authorisations for increasing share capital to 10%