Torp Computing Group ASA

CONTENTS
Page
1 BACKGROUND ..........................................................................................................4
2 RATIONALE FOR THE MERGER ....................................................................................4
3 THE MERGER PROCEDURE AND THE NAME AND REGISTERED OFFICE OF THE MERGED
COMPANY ................................................................................................................4
4 MERGER CONSIDERATION AND EXCHANGE RATIO.........................................................5
5 DATES.....................................................................................................................5
6 CONDITIONS FOR THE MERGER’S ENTRY INTO FORCE ...................................................6
7 PROPOSAL FOR THE RESOLUTION FOR A CAPITAL INCREASE ..........................................7
8 PROPOSALS FOR AMENDMENTS TO THE ARTICLES OF ASSOCIATION ...............................8
9 BOARD OF DIRECTORS, MANAGING DIRECTOR AND AUDITOR ........................................8
10 IMPLEMENTATION OF THE MERGER .............................................................................8
11 INTERIM BALANCE SHEET AND DRAFT OPENING BALANCE SHEET ETC. ............................9
12 CHANGES TO THE MERGER PLAN ................................................................................9
13 IMPLICATIONS OF THE MERGER FOR THE EMPLOYEES AND THE ORGANISATION ...............9
14 ORGANIZATION OF THE MERGED COMPANY .................................................................9
15 CONDITIONS FOR EXERCISING SHAREHOLDER RIGHTS IN KOMPLETT .............................9
16 DISTRIBUTION TO SHAREHOLDERS...........................................................................10
17 OTHER LIMITATIONS...............................................................................................10
18 NO SPECIAL BENEFITS/RIGHTS FOR BOARD MEMBERS ETC ..........................................10
19 INFORMATION ........................................................................................................10
20 TERMINATION AND INDEMNITY ................................................................................10
21 DISPUTE RESOLUTION.............................................................................................10
Appendices
Appendix 1 Articles of Association of Komplett ASA.
Appendix 2 Articles of Association of Torp Computing Group ASA.
Appendix 3 Articles of Association of Komplett ASA after the merger.
Appendix 4 Komplett ASA’s annual accounts, annual reports and auditor reports for the last
three financial years.
Appendix 5 Torp Computing Group ASA’s annual accounts, annual reports and auditor
reports for the last three financial years.
1695252/3 81
2