REC ASA - Protocol from Ordinary General Meeting in REC ASA

The Ordinary General Meeting of the shareholders of Renewable Energy Corporation was held at 15:00 hrs May 14 2007 in Thon Conference Oslofjord in Sandvika outside Oslo.
 
Based on an agreement between the company and its employees relating to employee representation at a Group level, the employees are entitled to elect four Board members.
 
Due to this agreement, two amendments to the Articles of Association had to be made at the General Meeting; the highest number of Board Members had to be increased from nine to twelve and the Board Members must, according to the Public Limited Companies Act § 6-1 (2) second sentence, themselves elect their Chairman.
 
After the Ordinary General Meeting, valid as of May 14, 2007, the Board of REC consists of the following:
 
Shareholder representatives:
Ole Enger, Chairman
Tore Schiøtz, Vice-Chairman
Christian Berg
Marcel Egmond Brenninkmeijer
Roar Engeland
Line Geheb
Susanne Elise Munch Thore
Inger Johanne Solhaug
 
Employee representatives:
Mona Stensvik
Rolf B. Nilsen
Jørn Mobæk
Rita Glenne
 
Please see the full protocol from the the Ordinary General Meeting enclosed.
 
For more information, please contact;
Bjørn R Berntsen, Shareholder Services,
+47 67 81 52 54
 
About REC
REC is uniquely positioned in the solar energy industry as the only company with a presence across the entire value chain. REC Silicon and REC Wafer are the world`s largest producers of polysilicon and wafers for solar applications. REC Solar produces solar cells and solar modules. REC Group had revenues in 2006 of NOK 4,334 million and an operating profit of NOK 1,574 million. Please also see www.recgroup.com
Protocol from Ordinary General Meeting
Attachments:
Protocol from Ordinary General Meeting