1. Survey Non-Executive Remuneration All rights belonging to Norwegian Institute of Directors Oslo, Feb. 2011/TES

2. Survey Data Data sources: General Meetings Minutes 2010, Annual Reports 2009, Participants: Companies listed on Oslo Stock Exchange + state owned companies Total number of respondents: 191 Conducted October – Desember 2010 Currency conversion pr. 22/11 Market Cap Oslo Stock Exchange pr. 12/11 Industry Classification according to Oslo Stock Exchange Swedish data: Dagens Industri, January 20th, p. 6 Pr. Feb 8th 1€ = 7,8 NOK/ 1NOK = 0.127489 €

3. Highlights Practice and methods for determination of non-executive remuneration are highly variable – Upcoming period vs previous period – Fixed and/or pr meeting (number of meetings usually not known) – Committee participation some times included, sometimes not – Travel Compensation some times included, sometimes not Wide span of compensation level – ChairpersonNOK 30.000 -NOK 960.000 – Board MemberNOK 15.000 -NOK 451.000 – State owned Companies: ChairpersonNOK 22.000 -NOK 400.000 Board MemberNOK 8.700 -NOK 235.000

4. Highlights cont. Key numbers (Chairperson/Board Member) – AverageNOK 330.000/180.000 – Upper quartileNOK 420.000/225.000 – MedianNOK 300.000/170.000 – Lower quartileNOK 200.000/110.000 Average 10 highest payed: – Chairperson SwedenNOK 1 760 000 NorwayNOK 695 000 (40% of 1 760 000) – Board Member SwedenNOK 470 000 -NorwayNOK 366 000 (78% of 470 000)

5. Average Compensation 30 largest companies Chairperson - Sweden NOK 1 260 000 (Except Astra Zeneca and ABB) - NorwayNOK 470 000 (37% of NOK 1 260 000) Board Member - SwedenNOK 395 000 (Except Astra Zeneca og ABB) - NorwayNOK 240 000 (60 % of NOK 395 000)

6. Average pr industry Chairperson

7. Average pr Industry – Board Member

8. Average Compensation

9. Compensation/Market Cap

10. Spread Chairperson

11. Comments – Chair Person Utvalg: 135 av 180 selskaper notert på Oslo Børs Dette tilsvarer ca 75 %. 50 % av styreledere fra NOK 200 000 – 400 000 17,5 % av styrelederne ligger over NOK 500 000 20 % av styrelederne ligger under NOK 200 000 Øvre Kvartil: NOK 420 000 Median: NOK 300 000 Nedre kvartil: NOK 200 000

13. 10 best payed Chairpersons

14. 10 best payed Board member

15. 10 poorly payed Chairpersons

16. 10 poorly payed Board members

17. Nomination Committee

18. Nomination Committee - Member

19. Nomination Committee Fixed Compensation 78 % payes fixed compensation (9% additional compensation pr meeting) Key numbers Head/Member of Nomitaion Committee – Average NOK 29 000/18 000 – Upper quartileNOK 40 000/25000 – MedianNOK 25 000/15 000 – Lower quartileNOK 15 000/10 000

20. Nomination Committee Compensation pr meeting Key numbers Head/Member of Nomitaion Committee – Average pr meetingNOK 7 000/5 500 – Upper quartile NOK 10 000/7 500 – Median NOK 6 000/5 000 – Lower quartileNOK 4 000/3 000