At the October 29th, 2020 Neles extraordinary general meeting, Folketrygdfondet, manager of the Government Pension Fund Norway, voted for the shareholder resolution in item six for the following reasons:
Item 6: Election of a new member to the Board of Directors
In Folketrygdfondet’s view, it is natural for a shareholder owning over 25% of outstanding equity
to seek board representation. We have therefore voted for item six.