Torp Computing Group ASA

Articles of Association
for KOMPLETT ASA
(last amended 11 October 2007, in force from the entry into force of the merger between
Komplett ASA and Torp Computing Group ASA)
The name of the company is Komplett ASA. The company is a public limited company.
The company's registered office is in the municipality of Sandefjord (Norway).
The company's object is to engage in: Trading in computer equipment, electronics and
other goods, as well as participation in other companies and undertakings.
§ 1
§ 2
§ 3
§ 4
The company's share capital is NOK 16 759 518, divided into 16 759 518 shares, each with
a nominal value of NOK 1.
§ 5
The company's Board of Directors shall have from 4 to 7 members. The Board of Directors
is elected for one year at the time. Directors are eligible for re-election. In the event of a
tie vote, the Chairman shall have the casting vote. At the same time as the Board of
Directors is elected, a Nomination Committee consisting of a minimum of 2 and a
maximum of 4 members shall be elected. The Nomination Committee shall be elected for
one year at the time.
§ 6
The Board of Directors represents the company to the outside world and can sign on behalf
of the company. The Board of Directors can empower directors, the CEO or named
employees to sign on behalf of the company. The Board of Directors can grant power of
procuration.
§ 7
The Annual General Meeting shall:
1 Approve the annual accounts and the Directors' Report, including the payment of
dividends.
2 Stipulate the directors' fees and approve the remuneration to the auditor.
3 Elect directors and an auditor.
4 Deal with other items which, pursuant to legislation or the Articles of Association,
should be addressed by the AGM.
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