As of May 2011:
- The name of the company is TGS-NOPEC Geophysical Company ASA.
- The company is a public limited company registered in the Norwegian Securities Register.
- The principal business area of the company is in the provision, procurement and sale of seismic and geophysical data hereunder included associated products and services and technology to the oil and gas industry and to the production industry.
- The company’s business office is in the municipality of Asker. The shareholders’ meetings can be held in the municipality of Oslo.
- The company’s share capital is NOK 26 023 081.25 divided on 104 092 325 shares of NOK 0.25.
- The company’s board of directors shall consist of from five to nine directors. The period of service is one year.
The nomination of directors to the board, and the remuneration payable to the directors shall be prepared by a nomination committee consisting of one chairman and two members elected by and amongst the shareholders and who shall serve for a period of two years.
- The ordinary shareholders’ meeting shall decide the following:
(1) Approval of the annual profit and loss account and the annual report, hereunder distribution of dividends.
(2) Other matters that according to the laws or these articles of association shall be dealt with by the shareholders.
Documents relating to items that are on the agenda for the shareholders’ meeting of the company, including documents that according to law shall be included or attached to the notice calling the shareholders’ meeting, do not have to be sent to the shareholders if the documents are available at the company’s home page. A shareholder may however require that such documents are sent to him/her.
Shareholdersshall notify the company about their attendance at the shareholders’ meeting at the latest three days before the day of the shareholders’ meeting. Shareholders who have not given notice of attendance can be denied the right to meet and vote at the shareholders’ meeting.