Proposal from nomination committee and amendment to notice

Please find attached the proposal from the nomination committee to the Annual General Meeting of NextGenTel Holding ASA taking place on 20 April 2017.

Amendment to notice

Item 11.2.2 in the notice for the Annual General Meeting is proposed increased by NOK 20,000 to allow for the allocation of 200,000 share options to the elected Chairman. The proposal is therefore amended to the following: “The share capital may be increased by up to NOK 65,000 in connection with the company’s incentive and option programs.”