Pursuant to the Norwegian Public Limited Liability Companies Act, companies with more than 200 employees must elect a corporate assembly unless otherwise agreed between the company and a majority of its employees.

Two-thirds of the members shall be elected by the AGM and one-third by the employees.

The most important duties of the corporate assembly are to elect the board of directors, to oversee the board and CEO’s management of the company, to make decisions on investments of considerable magnitude in relation to the company’s resources and to make decisions involving the rationalisation or reorganisation of operations that will entail major changes in or reallocation of the workforce.

The duties of the corporate assembly are defined in section 6-37 of the Public Limited Liability Companies Act.

Members of the corporate assembly elected by the shareholders:

Olaug Svarva
Managing director, Folketrygdfondet

Idar Kreutzer
CEO, Storebrand

Karin Aslaksen
Executive vice president, Orkla ASA

Greger Mannsverk
Managing director, Bergen Group Kimek AS

Steinar Olsen
Senior Advisor, External Relations & Government Affairs, Schlumberger 

Ingvald Strømmen
Dean at Norwegian University of Science and Technology (NTNU)

Rune Bjerke
President and CEO, DNB 

Tore Ulstein
Deputy CEO, Ulstein Group

Live Haukvik Aker
CFO, Komplett AS

Thor Oscar Bolstad
Manager, Herøya Industripark, Norsk Hydro ASA 

Barbro Hætta
Medical doctor, University Hospital of Nord-Norge

Siri Kalvig
University of Stavanger, StormGeo AS

Deputy members of the corporate assembly:

1st deputy: Arthur Sletteberg
Manager, Ferd AS

2nd deputy: Bassim Haj
Executive vice president, IT and information, Yara International ASA

3rd deputy: Anne-Margrethe Firing
Senior vice president, Nordea Bank Norge

4th deputy: Linda Litlekalsøy
Manager, Rolls-Royce Marine AS

Members of the corporate assembly elected by and among the employees:

Eldfrid Irene Hognestad
Stig Lægreid
Per Martin Labråthen
Anne Kristi Horneland
Jan-Eirik Feste
Oddbjørn Viken

Observers:

Per Helge Ødegård
Frode Solberg
Brit Gunn Ersland

Deputy members of the corporate assembly elected by and among the employees:

Thor Ole Vågene
Marit Haavardsholm
Frode Haakonsen
Dag Unnar Mongstad
Dag-Rune Dale
Terje Enes
Brit Riise Fredheim
Per Steinar Stamnes
Anne Helen Augestad Madsen
Terje Herland
Runar Jensen
Alfred Hagewick
Arild Litlekalsøy
Anne Synnøve Hebnes
Ruth Heggeland
Hilde-Marit Rysst
Gunnar Mjånes