Minutes of the Annual General Meeting

The Annual General Meeting of BWG Homes ASA was held on 24 May 2013 at 10:00 a.m. in Vika Atrium Conference Centre, Oslo. All proposals on the agenda were adopted according to the proposals from the Board of Directors and the Nomination Committee.

In the General Meeting it was stated wrong number of shares and votes represented due to a registration error from the registrar. The correct number of shares and votes represented in the General Meeting is set out in the enclosed minutes.

BWG Homes develops, sells and constructs residential homes in the Nordic region. The brands owned by the Group are Block Watne and Hetlandhus in Norway, Kärnhem, Myresjöhus and SmålandsVillan in Sweden. Ranked as a leading residential house builder in its markets, the Group annually completes approx. 2 000 new homes through own residential projects and for individual customers. BWG Homes has 1 080 employees. In 2012 the turnover was NOK 3.5 billion. More information about the Group at www.bwghomes.no/en