INDUCT AS - MINUTES FROM ANNUAL SHAREHOLDER MEETING 24 JUNE 2016

The Annual Shareholder Meeting of Induct AS was held Friday 24 June at 4.00 PM at the Company's offices in Oslo, Norway.

Each of the resolutions set out in the Meeting Notice were duly passed. The signed minutes of the meeting are attached hereto.

The new Board Members who were elected at the Annual Shareholder Meeting will be introduced in a separate announcement.

           

For further information, please contact:

Alf Martin Johansen, Chief Executive Officer
47 90 17 94 35
amj@inductsoftware.com

           
      
About Induct

Based on eight years of collaboration with over 250 organizations, Induct offers innovation communities, delivered as "Software as a Service," that enable organizations to create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network. Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME.

Induct: “Connecting Innovation Communities™”

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