From the General Meeting protocol 2008 issue no. 5:
APPROVAL OF THE ANNUAL REPORT AND ACCOUNTS, INCLUDING DISTRIBUTION OF DIVIDEND AND REMUNERATION OF THE AUDITOR AND THE BOARD OF DIRECTORS
The Chairman of the Board gave a briefing on the submitted annual financial accounts and report, including the consolidated financial accounts, auditor's fee and the Board's dividend distribution proposal.
The Board's proposed allocation of the annual profit of NOK 229,544,093 this year means that NOK 133,104,831 shall be transferred to other reserves while NOK 96,439,262 shall be paid as dividends to the Company's shareholders. One of the shareholders commented that the proposed dividend of 31% should rather be about 40% of the annual net profit.
The general meeting resolved the following :
The annual financial accounts and report are approved.
Dividend shall be paid in the amount of NOK 96,439,262, equivalent to NOK 1.80 per share. The dividend shall be paid to the shareholders who are registered shareholders of Lerøy Seafood Group ASA as of 20 May 2008. NOK 133,104,831 shall be transferred to other reserves in accordance with the Board's proposal. The Board's remuneration is approved according to the proposal as stated in Note 14 in the annual Group financial accounts. The auditor's fee was approved as stated in Note 14 to the annual Group financial accounts.