General meetings 

Pursuant to the company’s Articles of Association, the AGM must be held by the end of June each year. The notice of the AGM and case documents will be published on StatoilHydro.com together with the annual report and sent in the mail to shareholders in mid-April. Documentation of general meetings is published on this website.

All shareholders who are registered in the Norwegian Central Securities Depository (VPS) will receive an invitation to the general meeting. They are entitled to submit proposals and vote, directly or by proxy. The deadline for registration is maximum five working days prior to the general meeting.
The chair of the general meeting will normally be the chair of the corporate assembly. 

If there is disagreement about individual matters and the chair of the corporate assembly belongs to one of the disputing factions, or is for some other reason not perceived as being impartial, another person will be appointed to chair the AGM in order to ensure impartiality in relation to the matters to be considered.

Given the large number of shareholders and their wide geographical spread, the number who have the opportunity to attend the AGM in person will be limited. StatoilHydro therefore offers its shareholders an opportunity to follow the proceedings by webcast. The business of the AGM is conducted in Norwegian and is translated simultaneously into English.

StatoilHydro will introduce electronic voting at its AGMs as soon as Norwegian legislation allows it.

Extraordinary general meetings

Pursuant to Norwegian law, the auditor or shareholders representing at least five per cent of the share capital can demand that an extraordinary general meeting be held in order to have a specific matter considered and decided. The board must ensure that the general meeting is held within a month of such a demand being submitted.