Articles of Association

 

ARTICLES OF ASSOCIATION FOR NAVAMEDIC ASA

(unofficial translation as of 25 March 2009)

§ 1

The name of the company is Navamedic ASA. The company is a public limited liability company.

§ 2

The registered office of the Company is in the municipality of Bærum.

§ 3

The Company’s object is development, production, marketing and sales of pharmaceuticals and related products, connected consulting services, and investments in related business.

§ 4

The share capital is NOK 7,537,051, divided into 7,537,051 Shares. The nominal value of each share is NOK 1.

§ 5

The Board of Directors of the company shall consist of at least 3 but no more than 7 Directors, according to the decision of the General Meeting.

§ 6

The ordinary General Meeting shall deal with the approval of the annul accounts and the annual report.

Shareholders who wish to attend the General Meeting must give notice to the company no later than three days prior to the General Meeting in accordance with the Board of Directors detailed instructions.

The company’s General Meetings may be held in Oslo municipality or Ullensaker municipality.

§ 7

The shares of the company shall be free to transfer.