§ 1
The company's name is VISMA AS. The company is a public limited company.
§ 2
The company's registered office is in Oslo.
§ 3
The objective of the company is to own and manage shares in other companies, including companies that work with the development and sale of software, the sale of consulting services, commerce, agencies and other business activities, or that participate in other companies in connection with the above, and all related matters.
§ 4
The company's share capital is NOK 160,000,310, comprising 1 share with a nominal value of NOK 160,000,310, fully paid up and registered.
§ 5
The shareholders have not exclusive option to buy shares which are to be sold or shares where ownership changes in any other way. Acquisition of shares is not conditioned consenting of the company.
§ 6
The company is to be headed by a Board of Directors with from 3 to 8 members. If the Board of Directors has an even number of members, the Chairman of the Board has a casting vote. The members of the Board shall be elected for 1 year.
The Board of Directors elects its chairman itself.
§ 7
The Chairman of the Board alone, or Managing Director and one Board Member jointly, are to sign for the company. The Board of Directors may grant powers of procuration and appoints the company's general manager.
§ 8
The annual general meeting is to be held by the end of May and deals with:
- The profit and loss account and the balance sheet for the year
- Application of the profit or settlement of the loss for the year in accordance with the adopted balance sheet, and the distribution of dividend.
- Determination of the remuneration to members of the Board of Directors and the auditor
- Election of the Board of Directors
- Election of the auditor
- Any other business that may be specified in the notice of the meeting
For both annual and extraordinary general meetings, at least 2 weeks' notice is to be provided to the addresses listed in the share register.