Corporate information
Pursuant to the Norwegian Public Limited Liability Companies Act (the "PLLCA"), at least half of the members of the board of directors, as well as the CEO, must be a citizen of and residing in a country within the European Economic Area (the "Qualifying Persons"). As a consequence of the withdrawal of the United Kingdom from the European Union and the European Atomic Energy Community, persons who reside in or is a citizen of the United Kingdom will as from 1 January 2021 no longer be a Qualifying Person. This means that the composition of the board of directors of Otello Corporation ASA (