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The Norwegian Code of Practice for Corporate Governance - Statoil

The Norwegian Code of Practice for Corporate Governance - Statoil

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6. General meetings<strong>The</strong> board <strong>of</strong> directors should take steps to ensure that as manyshareholders as possible may exercise their rights by participating ingeneral meetings <strong>of</strong> the company, and that general meetings are aneffective <strong>for</strong>um <strong>for</strong> the views <strong>of</strong> shareholders and the board.Such steps should include:• making the notice calling the meeting and the support in<strong>for</strong>mationon the resolutions to be considered at the general meeting, includingthe recommendations <strong>of</strong> the nomination committee, available onthe company’s website no later than 21 days prior to the date <strong>of</strong> thegeneral meeting• ensuring that the resolutions and supporting in<strong>for</strong>mation distributedare sufficiently detailed and comprehensive to allow shareholders t<strong>of</strong>orm a view on all matters to be considered at the meeting• setting any deadline <strong>for</strong> shareholders to give notice <strong>of</strong> their intentionto attend the meeting as close to the date <strong>of</strong> the meeting as possible• the board <strong>of</strong> directors and the person chairing the meetingmaking appropriate arrangements <strong>for</strong> the general meeting tovote separately on each candidate nominated <strong>for</strong> election to thecompany's corporate bodies• ensuring that the members <strong>of</strong> the board <strong>of</strong> directors and thenomination committee and the auditor are present at the generalmeeting• making arrangements to ensure an independent chairman <strong>for</strong> thegeneral meetingShareholders who cannot attend the meeting in person should begiven the opportunity to vote. <strong>The</strong> company should:• provide in<strong>for</strong>mation on the procedure <strong>for</strong> representation at themeeting through a proxy,• nominate a person who will be available to vote on behalf <strong>of</strong>shareholders as their proxy• to the extent possible prepare a <strong>for</strong>m <strong>for</strong> the appointment <strong>of</strong> aproxy, which allows separate voting instructions to be given <strong>for</strong>each matter to be considered by the meeting and <strong>for</strong> each <strong>of</strong> thecandidates nominated <strong>for</strong> election.23 CORPORATE GOVERNANCE

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