The Nomination Committee and the Opera Board of Directors recommend that the
General Meeting approve the amendment to the Company's articles of association
to allow for 3-8 directors on the Board. Now that the Consumer Business has been
spun off, the Company is a holding company for business units primarily with
their activities outside of Norway, and in the Nomination Committee's and
Board's opinion a smaller Board will be in the Company's and the Shareholders'
best interests.
The Nomination Committee of Opera Software ASA ("Opera") hereby presents its
proposals for the extraordinary general meeting to be held on 15 December 2016.
First, the Nomination Committee presents two alternative proposals for board
election. Should the proposal to amend Opera's articles of association to allow
for 3-8 directors be approved, the Nomination Committee proposes three
shareholder elected directors. In the event the proposed amendment to the
articles of association is not approved, the Nomination Committee proposes five
shareholder elected directors.
Second, the Nomination Committee puts forward proposal for director
remuneration.
Petter Lade, Investor Relations
Tel: +47 2369 2400