NOTICE OF ANNUAL GENERAL MEETING IN EVRY ASA INNKALLING TIL ORDINÆR GENERALFORSAMLING I EVRY ASA

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1 Denne innkallingen er utferdiget både på norsk og på engelsk. Ved uoverensstemmelser mellom de to versjonene, skal den norske versjonen gå foran. This notice has been prepared both in Norwegian and in English. In case of discrepancies between the two versions, the Norwegian version shall prevail. INNKALLING TIL ORDINÆR GENERALFORSAMLING I EVRY ASA Styret innkaller med dette til ordinær generalforsamling i EVRY ASA ("Selskapet") i Selskapets lokaler i Snarøyveien 30A, 1360 Fornebu den 3. mai 2018 kl 12:00. NOTICE OF ANNUAL GENERAL MEETING IN EVRY ASA The Board of Directors ("Board") hereby calls for the Annual General Meeting of EVRY ASA (the "Company") at the Company's offices in Snarøyveien 30A, 1360 Fornebu, at 12:00 CET on 3 May Styrets leder eller en person utpekt av styrets leder vil åpne generalforsamlingen og foreta registrering av fremmøtte aksjonærer og fullmakter. Følgende saker foreligger på agendaen: The Chair of the Board or a person appointed by the Chair of the Board will open the General Meeting and perform registration of the shareholders in attendance and the powers of attorney. The following items are on the agenda: 1. VALG AV MØTELEDER OG ÉN PERSON TIL Å MEDSIGNERE PROTOKOLLEN 1. ELECTION OF CHAIR OF THE MEETING AND ONE PERSON TO CO-SIGN THE MINUTES 2. GODKJENNELSE AV INNKALLING OG DAGSORDEN 2. APPROVAL OF NOTICE AND AGENDA 3. GODKJENNELSE AV ÅRSREGNSKAP OG ÅRSBERETNING FOR REGNSKAPSÅRET APPROVAL OF THE ANNUAL ACCOUNTS AND ANNUAL REPORT FOR THE FINANCIAL YEAR 2017 Selskapets årsregnskap og årsberetning for regnskapsåret 2017 er gjort tilgengelig på Selskapets internettside Styret foreslår at generalforsamlingen fatter følgende vedtak: "Selskapets årsregnskap og årsberetning for regnskapsåret 2017 godkjennes." The Company's annual accounts and annual report for the financial year 2017 have been made available at the Company's internet pages The Board proposes that the General Meeting passes the following resolution: "The Company's annual accounts and annual report for the financial year 2017 are approved." EVRY - Notice of Annual General Meeting 3 May 2018

2 Side 2 av UTDELING AV UTBYTTE 4. DISTRIBUTION OF DIVIDENDS Styret foreslår at generalforsamlingen treffer følgende vedtak om utbytte med basis i årsregnskapet for 2017: The Board proposes that the General Meeting passes the following resolution to distribute dividends based on the annual accounts for 2017: "Selskapet skal utbetale et utbytte på NOK 1,25 per aksje i Selskapet. Aksjene i Selskapet vil handles uten rett til å motta utbytte fra og med 4. mai 2018, og utbetaling av utbytte vil skje 28. mai 2018" "The Company shall pay a dividend of NOK 1.25 per share in the Company. The shares in the Company will trade exclusive of the right to receive dividends from and including 4 May 2018, and payment of dividends will take place on 28 May 2018." 5. VURDERING AV STYRETS ERKLÆRING OM FASTSETTELSE AV LØNN OG ANNEN GODTGJØRELSE TIL LEDENDE ANSATTE 5. CONSIDERATION OF THE BOARD OF DIRECTORS' STATEMENT REGARDING STIPULATION OF SALARY AND OTHER REMUNERATION TO THE EXECUTIVE MANAGEMENT Styret har i samsvar med allmennaksjeloven 6-16a utarbeidet en erklæring om fastsettelse av lønn og annen godtgjørelse til ledende ansatte. Erklæringen er gjort tilgjengelig på Selskapets internettside Generalforsamlingens godkjennelse av retningslinjene i erklæringen er av rådgivende art for styret. Imidlertid er godkjennelsen av retningslinjene som vedrører godtgjørelse i form av aksjer, tegningsretter, opsjoner og andre former for godtgjørelse som er knyttet til aksjer eller utviklingen av kursen for aksjene i Selskapet eller andre selskaper i konsernet, bindende for styret. In accordance with section 6-16a of the Norwegian Public Limited Liability Companies Act, the Board has prepared a statement regarding the stipulation of salary and other remuneration to the Company's executive management. The statement has been made available at the Company's internet pages The General Meeting's approval of the guidelines in the statement is of an advisory nature to the Board. However, the approval of the guidelines relating to remuneration in the form of shares, subscription rights, options and other forms of remuneration linked to shares or the development of the price of the shares in the Company or other companies in the group, are binding for the Board. Styret foreslår at generalforsamlingen fatter følgende vedtak: "Styrets erklæring om fastsettelse av lønn og annen godtgjørelse til ledende ansatte godkjennes." The Board proposes that the General Meeting passes the following resolution: "The Board of Directors' statement regarding stipulation of salary and other remuneration to the executive management is approved." EVRY - Notice of Annual General Meeting 3 May 2018

3 Side 3 av BEHANDLING AV STYRETS ERKLÆRING OM EIERSTYRING OG SELSKAPSLEDELSE 6. CONSIDERATION OF THE BOARD OF DIRECTORS' STATEMENT ON CORPORATE GOVERNANCE Styrets leder eller en person utpekt av styrets leder vil på generalforsamlingen gi en redegjørelse for styrets erklæring om eierstyring og selskapsledelse. Redegjørelsen er inntatt under overskriften "Fra styrerommet" i Selskapets årsrapport for 2017, som er tilgjengelig på Selskapets internettside The Chair of the Board or a person appointed by the Chair of the Board will give an account of the Board's statement on corporate governance. The statement is included under the heading "From the Board Room" in the Company's annual report for 2017, which is available at the Company's internet pages Det stemmes ikke over dette punkt. This is a non-voting item. 7. VALG AV STYREMEDLEMMER 7. ELECTION OF MEMBERS TO THE BOARD OF DIRECTORS De aksjonærvalgte styremedlemmene ble valgt for 2 år på Selskapets generalforsamlinger i 2017, og er således ikke på valg i år. Neste ordinære styrevalg vil være på den ordinære generalforsamlingen i The shareholder elected board members were elected for 2 years at the Company's general meetings in 2017, and hence are not up for election this year. The next ordinary election of board members will be at the annual general meeting in VALG AV MEDLEMMER TIL VALGKOMITÉEN 8. ELECTION OF MEMBERS TO THE NOMINATION COMMITTEE Selskapets vedtekter fastsetter at Selskapet skal ha en valgkomité. I tråd med den informasjon som ble gitt i Selskapets noteringsprospekt datert 6. juni 2017 er valg av nye medlemmer til valgkomiteen blitt utsatt til kommende generalforsamling, som er den første avholdte generalforsamling i Selskapet etter noteringen på Oslo Børs. Eksisterende valgkomité har, i samråd med styrets leder, gjennomført en prosess for å identifisere egnede medlemmer til valgkomitéen og foreslår at generalforsamlingen fatter følgende vedtak: The Company's Articles of Association determines that the Company shall have a nomination committee. In accordance with the information provided in the Company's listing prospectus dated 6 June 2017, election of members to the new nomination committee has been postponed to the upcoming General Meeting, which is the first General Meeting in the Company following the listing on Oslo Børs. The existing nomination committee has, in cooperation with the Chair of the Board, carried out a process to identify suitable members to the nomination committee, and proposes that the General Meeting passes the following resolution: EVRY - Notice of Annual General Meeting 3 May 2018

4 Side 4 av 10 "Valgkomitéen skal ha følgende sammensetning: Francisco Menjibar, komitéens leder Arthur Brothag Katharine Ostrow Tore Mengshoel" "The nomination committee shall have the following composition: Francisco Menjibar, committee leader Arthur Brothag Katharine Ostrow Tore Mengshoel" 9. HONORAR TIL MEDLEMMER AV STYRET OG STYREUTVALG, HONORAR TIL VALGKOMITEEN 9. REMUNERATION TO MEMBERS OF THE BOARD OF DIRECTORS AND SUB- COMMITTEES OF THE BOARD, REMUNERATION TO THE NOMINATION COMMITTEE Valgkomiteen foreslår at generalforsamlingen fatter følgende vedtak: "For styredeltagelsen innrømmes kompensasjon for arbeidet slik: Basiskompensasjon Styreleder: NOK Aksjonærvalgte styremedlemmer: NOK Ansattrepresentanter: NOK Tillegg for deltagelse i styreutvalg Revisjonsutvalget: NOK Kompensasjonsutvalget: NOK Strategiutvalget: NOK The Nomination committee proposes that the General Meeting passes the following resolution: "For participation on the Board of Directors, the work is compensated as follows: Base compensation Chair: NOK 800,000 Shareholder elected members: NOK 500,000 Employee representatives: NOK 288,000 Additional compensation for sub-committee participation Audit committee: NOK 75,000 Remuneration committee: NOK 75,000 Strategy committee: NOK75,000 Samtlige beløp gjelder fremover fra 3. mai 2018, som kompensasjon for et helt års innsats. Innsats deler av et år betales pro-rata. Kompensasjonen deles i to utbetalinger pr år. All amounts are applicable from 3 rd May 2018 and onwards, as compensation for a full year s effort. Partyear effort will be compensated pro-rata. The Compensation will be split in two payments per year. Hvert styremedlem skal bli invitert til å delta i et nytt aksje-matching program, hvoretter hvert medlem vil få rett til å motta en vederlagsfri aksje fra selskapet for hver aksje styremedlemmet anskaffer til markedsbetingelser, oppad begrenset til et antall aksjer som tilsvarer 1/3 av basiskompensasjon mottatt. Både investeringsaksjene og matching-aksjene vil bli underlagt en lock-up-avtale og kan ikke selges før styremedlemmet trer ut av styret. For øvrig gjelder betingelsene for aksje-matching programmet vedlagt valgkomiteens innstilling." Each member of the Board of Directors shall be invited to participate in a new share matching program, under which each member will have the right to receive one additional share free of charge from the Company for each share the member acquires at market terms, up to such maximum number of shares that equal 1/3 of the base remuneration received. Both investment shares and matching shares will be subject to a lock-up agreement and cannot be sold until the member retires from the Board of Directors. The terms and conditions for the share matching program attached to the nomination committee recommendations apply." EVRY - Notice of Annual General Meeting 3 May 2018

5 Side 5 av 10 Styret foreslår at generalforsamlingen fatter følgende vedtak om kompensasjon for deltakelse i valgkomitéen: "For deltagelse i valgkomiteen innrømmes kompensasjon for arbeidet frem til neste generalforsamling slik: Valgkomiteens leder: NOK Medlemmer: NOK I tillegg dekkes utlegg for møtedeltagelse. " The Board proposes that the General Meeting passes the following resolution regarding compensation for participation in the nomination committee: "For participation in the nomination committee, the work until next General Meeting is compensated as follows: Chair of the Nomination committee: NOK 6,000 Members: NOK 5,000 In addition, out-of-pocket expenses for meetings will be reimbursed." 10. HONORAR TIL REVISOR 10. REMUNERATION TO THE AUDITOR Selskapets revisor har beregnet et honorar for 2017 på NOK 25,9 millioner, hvorav NOK 1,8 millioner relaterer seg til lovpålagt revisjon og resten relaterer seg til andre tjenester. Styret har ingen bemerkninger til honorarkravet. The Company's auditor has requested a fee of NOK 25.9 million for 2017, of which NOK 1.8 million relates to mandatory audit and the rest relates to other services. The Board has no objections to the fee requested. Styret foreslår at generalforsamlingen fatter følgende vedtak: "Honorar til revisor for 2017 på til sammen NOK 25,9 millioner godkjennes." The Board proposes that the General Meeting passes the following resolution: "Fees to the auditor in the aggregate amount of NOK 25.9 million for 2017 are approved." 11. FULLMAKT FOR STYRET TIL Å FORHØYE AKSJEKAPITALEN I FORBINDELSE MED INVESTERINGER, GENERELLE SELSKAPSFORMÅL OG TRANSAKSJONER 11. AUTHORISATION FOR THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL IN CONNECTION WITH INVESTMENTS, GENERAL CORPORATE PURPOSES AND TRANSACTIONS Styret foreslår at generalforsamlingen gir styret en fullmakt til å øke Selskapets aksjekapital, og at fullmakten kan benyttes til å innhente ytterligere kapital til fremtidige investeringer eller til generelle selskapsformål, eller til å utstede aksjer i forbindelse med oppkjøp, fusjoner, fisjoner eller andre transaksjoner. For å oppfylle formålet med fullmakten, er det nødvendig at fullmakten omfatter en rett for styret til å sette til side aksjonærenes fortrinnsrett i henhold til allmennaksjeloven The Board proposes that the General Meeting grants the Board an authorisation to increase the Company's share capital, and that the authorisation may be used to raise additional capital for future investments or for general corporate purposes, or to issue shares in connection with acquisitions, mergers, demergers or other transactions. In order to fulfil the purpose of the authorisation it is necessary that the authorisation includes a right for the Board to set aside the shareholders' preferential rights pursuant to section 10-4 of the Norwegian Public Limited Liability Companies Act. EVRY - Notice of Annual General Meeting 3 May 2018

6 Side 6 av 10 Styret foreslår at generalforsamlingen fatter følgende vedtak: 1. Styret gis fullmakt til å øke aksjekapitalen med opp til NOK Aksjonærenes fortrinnsrett i henhold til allmennaksjeloven 10-4 kan settes til side. 3. Fullmakten dekker også kapitalforhøyelser mot innskudd i annet enn kontanter og retten til å pådra særskilte forpliktelser på vegne av Selskapet, så vel som beslutninger om fusjon og fisjon, jf. allmennaksjeloven 13-5 og 14-6 (2). Fullmakten kan benyttes i situasjoner som nevnt i verdipapirhandelloven Fullmakten kan kun benyttes til å hente ytterligere kapital til fremtidige investeringer eller til generelle selskapsformål, eller til å utstede aksjer i forbindelse med oppkjøp, fusjoner, fisjoner eller andre transaksjoner. 5. Fullmakten er gyldig frem til ordinær generalforsamling i 2019, dog ikke lenger enn til 30. juni The Board proposes that the General Meeting passes the following resolution: 1. The Board of Directors is authorised to increase the share capital by up to NOK 64,891, The shareholders' preferential rights pursuant to section 10-4 of the Norwegian Public Limited Liability Companies Act may be set aside. 3. The authorisation also covers share capital increases against non-cash contributions and the right to assume special obligations on behalf of the Company, as well as resolutions on mergers and demergers, cf. sections 13-5 and 14-6 (2) of the Norwegian Public Limited Liability Companies Act. The authorisation can be used in situations as described in the Norwegian Securities Trading Act section The authorisation may only be used to raise additional capital for future investments or for general corporate purposes, or to issue shares in connection with acquisitions, mergers, demergers or other transactions. 5. The authorisation is valid until the Annual General Meeting in 2019, however no longer than until 30 June FULLMAKT FOR STYRET TIL Å FORHØYE AKSJEKAPITALEN I FORBINDELSE MED INCENTIVPROGRAMMER 12. AUTHORISATION FOR THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL IN CONNECTION WITH INCENTIVE PROGRAMS Styret foreslår at generalforsamlingen gir styret en fullmakt til å øke Selskapets aksjekapital, og at fullmakten kan benyttes til å utstede aksjer til Selskapets ansatte og/eller styremedlemmer i forbindelse med incentivprogrammer. For å oppfylle formålet med fullmakten, er det nødvendig at fullmakten omfatter en rett for styret til å sette til side aksjonærenes fortrinnsrett i henhold til allmennaksjeloven The Board proposes that the General Meeting grants the Board an authorisation to increase the Company's share capital, and that the authorisation may be used to issue shares to the Company's employees and/or board members in connection with incentive programs. In order to fulfil the purpose of the authorisation it is necessary that the authorisation includes a right for the Board to set aside the shareholders' preferential rights pursuant to section 10-4 of the Norwegian Public Limited Liability Companies Act. Styret foreslår at generalforsamlingen fatter følgende vedtak: The Board proposes that the General Meeting passes the following resolution: EVRY - Notice of Annual General Meeting 3 May 2018

7 Side 7 av Styret gis fullmakt til å øke aksjekapitalen med opp til NOK Aksjonærenes fortrinnsrett i henhold til allmennaksjeloven 10-4 kan settes til side. 3. Fullmakten kan benyttes i situasjoner som nevnt i verdipapirhandelloven Fullmakten kan kun benyttes til å utstede aksjer til Selskapets ansatte og/eller styremedlemmer i forbindelse med incentivprogrammer. 5. Fullmakten er gyldig frem til ordinær generalforsamling i 2019, dog ikke lenger enn til 30. juni The Board of Directors is authorised to increase the share capital by up to NOK 1,730, The shareholders' preferential rights pursuant to section 10-4 of the Norwegian Public Limited Liability Companies Act may be set aside. 3. The authorisation can be used in situations as described in the Norwegian Securities Trading Act section The authorisation may only be used to issue shares to the Company's employees and/or board members in connection with incentive programs. 5. The authorisation is valid until the Annual General Meeting in 2019, however no longer than until 30 June FULLMAKT FOR STYRET TIL Å ERVERVE EGNE AKSJER 13. AUTHORISATION FOR THE BOARD OF DIRECTORS TO ACQUIRE TREASURY SHARES Styret foreslår at generalforsamlingen gir styret en fullmakt til å erverve egne aksjer på vegne av Selskapet, slik at Selskapet kan benytte slike aksjer til å oppfylle Selskapets forpliktelser i forbindelse med incentivprogrammer for Selskapets ansatte og/eller styremedlemmer eller til sletting og nedsettelse av Selskapets aksjekapital. The Board proposes that the General Meeting grants the Board an authorisation to acquire treasury shares on behalf of the Company, in order for the Company to use the shares to fulfil the Company's obligations in connection with incentive programs for the Company's employees and/or board members and to cancel the shares and consequently decrease the Company's share capital. Styret foreslår at generalforsamlingen fatter følgende vedtak: 1. Styret gis fullmakt til på vegne av Selskapet å erverve og å bli gitt sikkerhet i egne aksjer opp til en samlet pålydende verdi på NOK Kjøpesummen per aksje skal være minst NOK 1 og maksimalt NOK Fullmakten kan kun benyttes med det formål å bruke egne aksjer for investeringsformål, realisere aksjene, benytte aksjene som vederlag i forbindelse med oppkjøp, fusjoner, fisjoner eller andre transaksjoner, eller benytte aksjene til å oppfylle Selskapets forpliktelser i forbindelse med incentivprogrammer for Selskapets ansatte og/eller styremedlemmer. The Board proposes that the General Meeting passes the following resolution: 1. The Board of Directors is authorised to on behalf of the Company acquire and be granted security in treasury shares up to an aggregate nominal value of NOK 64,891, The purchase price for each share shall be minimum NOK 1 and maximum NOK The authorisation may only be used for the purpose of using treasury shares for investment purposes, realise the shares, use the shares as consideration in connection with acquisitions, mergers, demergers or other transactions, or use the shares to fulfil the Company's obligations in connection with incentive programs for the Company's employees and/or board members. EVRY - Notice of Annual General Meeting 3 May 2018

8 Side 8 av Styret kan ellers fritt bestemme på hvilken måte erverv eller avhendelse av aksjer skal skje. 5. Fullmakten er gyldig frem til ordinær generalforsamling i 2019, dog ikke lenger enn til 30. juni The Board of Directors may otherwise freely determine the method of acquisition and disposal of shares. 5. The authorisation is valid until the Annual General Meeting in 2019, however no longer than until 30 June * * * EVRY - Notice of Annual General Meeting 3 May 2018

9 Side 9 av 10 Påmelding Aksjonærer som ønsker å delta på generalforsamlingen må melde seg på innen 30. april 2018 kl. 16. Påmelding skjer ved oversendelse av vedlagte møteseddel til: Nordea Bank Norge ASA Issuer Services Pb Sentrum 0107 Oslo Telefaks: E-post: nis@nordea.com Fullmakt Aksjonærer som ønsker å la seg representere ved fullmektig bes sende inn vedlagte fullmaktsseddel. Dersom det gis fullmakt til styrets leder bør vedlagte skjema for fullmaktsinstruks fylles ut. Dersom instruksen ikke fylles ut, anses dette som en instruks om å stemme for styrets forslag i innkallingen, for valgkomiteens innstilling og for styrets anbefaling knyttet til innkomne forslag. Ved fullmakt til styrets leder med stemmeinstruks skal instruksen gis ved bruk av vedlagte skjema. Annen informasjon En aksjeeier kan kreve at styremedlemmer og daglig leder på generalforsamlingen gir tilgjengelige opplysninger om forhold som kan innvirke på bedømmelsen av (i) sakene som er forelagt aksjeeierne til avgjørelse og (ii) Selskapets økonomiske stilling, herunder om virksomheten i andre selskaper som selskapet deltar i, og andre saker som generalforsamlingen skal behandle, med mindre de opplysninger som kreves, ikke kan gis uten uforholdsmessig skade for Selskapet. Registration of attendance Shareholders wishing to attend the General Meeting must register their attendance prior to 30 April 2018 at CET. Please register by submitting the attached attendance slip to: Nordea Bank Norge ASA Issuer Services P.O. Box 1166 Sentrum 0107 Oslo, Norway Telefax: nis@nordea.com Proxy Shareholders wishing to attend by proxy are asked to submit the attached proxy form. If proxy is given to the Chair of the Board, the attached power of attorney instruction form should be completed. If proxy is given to the chair and the instruction form is not completed, this will be regarded as an instruction to vote in favour of the proposals made by the Board as set out in the notice of the General Meeting, in favour of the recommendations of the nomination committee and in favour of the Board's recommendations in relation to any proposals received. Instructions to the chair of the Board may only be given using the attached instruction form. Other information A shareholder may require Board members and the chief executive officer to furnish in the General Meeting all available information regarding circumstances that may affect the evaluation of (i) the matters submitted to the shareholders for resolution and (ii) the Company s financial position, and the business of other companies relating to which the Company has an interest, and any other matters the General Meeting shall consider, unless the information requested cannot be provided without disproportionately harming the Company. EVRY - Notice of Annual General Meeting 3 May 2018

10 Side 10 av 10 Aksjer som er registrert på forvalterkonto i samsvar med allmennaksjeloven 4-10 kan ikke representeres på generalforsamlingen, verken av forvalteren eller den reelle aksjonæren. For å muliggjøre representasjon av slike aksjer på generalforsamlingen, må aksjonæren overføre aksjene fra forvalterkontoen til en konto i eget navn, slik at registreringen er effektiv senest innen den fristen som er angitt for registrering av oppmøte som angitt ovenfor. Per dato for innkallingen er det totalt aksjer i Selskapet, hver pålydende NOK 1,75 og hver med én stemme på selskapets generalforsamling. Shares which are registered on a nominee account in accordance with section 4-10 of the Norwegian Public Limited Liability Companies Act may not be represented at the General Meeting, neither by the nominee or the beneficial shareholder. To enable representation of such shares in the General Meeting, the shareholder must transfer the shares from the nominee account to an account in its own name, such registration being in effect no later than the deadline for registration of attendance set out above. As of the date of this notice, there are a total of 370,806,077 shares of the Company, each with a nominal value of NOK 1.75 and each representing one vote at the Company s General Meeting. * * * Bærum, 12. april 2018 / 12 April 2018 På vegne av styret i EVRY ASA / On behalf of the Board of Directors of EVRY ASA Göran Lindahl (sign.) EVRY - Notice of Annual General Meeting 3 May 2018

11 RECOMMENDATIONS FROM THE NOMINATION COMMITTEE OF EVRY ASA REGARDING REMUNERATION TO THE MEMBERS OF THE BOARD OF DIRECTORS AND ELECTION OF MEMBERS TO THE NOMINATION COMMITTEE 1. GENERAL In accordance with the instructions for the Nomination Committee adopted by the General Meeting of EVRY ASA on 31 May 2017, the Nomination Committee hereby presents its proposals for remuneration for the members of the Board of Directors for the period from the annual general meeting in 2018 until the annual general meeting in 2019, as well as its recommendation for the members of the Nomination Committee for the next two years. All of the members of the Board of Directors were elected in 2017 for two years, and shall thus, serve until the General Meeting in RECOMMENDATION ON REMUNERATION TO THE MEMBERS OF THE BOARD OF DIRECTORS The Nomination Committee has made an evaluation of the board's remuneration and will propose that the base remuneration paid to the shareholder elected board members for 2018 is reduced to NOK 500,000 (600,000 in 2017). The Nomination Committee proposes that the base remuneration to the employee elected board members remains at NOK 288,000 (same as in 2017). In addition to the base remuneration, the Nomination Committee proposes that the chairman of the Board of Directors receives an additional base remuneration in the amount of NOK 300,000 to compensate for the extra amount of work and responsibility associated with this position, i.e. a total base remuneration of NOK 800,000. The Chair of the Board has informed that he has no retroactive claim for the extra amount of work and responsibility associated with his role for the period he served as Chair in The Nomination Committee proposes that the additional compensation for participating on the Board's sub-committees remain unchanged for 2018, as set out below: NOK 75,000 to members of the Audit Committee NOK 75,000 to members of the Remuneration Committee NOK 75,000 to members of the Strategy Committee All amounts are applicable from 3rd May 2018 and onwards, as compensation for a full year's effort. Part-year effort will be compensated pro-rata. The Compensation will be split in two payments per year. In addition to the base remuneration proposed above, the Nomination Committee proposes to introduce a matching program as part of the total compensation package for the members of the Board of Directors to encourage the members to invest in the shares of EVRY ASA. The matching program, if adopted by the General Meeting, will give the members of the Board of Directors the right to receive one additional share free of charge from the Company for each share the member acquires at market terms, up to such maximum number of shares that equal 1/ 3 of the base remuneration received. Both investment shares and matching shares will be subject to a lock-up agreement and cannot be sold until the member retires from the Board. The terms and conditions for the proposed matching program is set out in the enclosure to these recommendations. EVRY - Recommendations from Nominations Committee

12 The Nomination committee considers the proposal for the total compensation package for the board members to be at an adequate level compared with comparable companies. 3. ELECTION OF NOMINATION COMMITEE In accordance with the information provided in the Company's listing prospectus dated 6 June 2017, election of members to the nomination committee has been postponed to the upcoming General Meeting, which is the first General Meeting in the Company following the listing on Oslo B0rs. In co-operation with the Chair of the Board, and based on discussions with the key shareholders of the Company, the Nomination Committee proposes the following as members of the Nomination Committee for the next two years: Francisco Menjibar, Chair Arthur Brothag Katharine Ostrow Tore Mengshoel The recommendations are unanimous. On behalf of the Nomination Committee of EVRY ASA Francisco Menjibar, Chair Attachment: Term sheet for EVRY 2018 Share Matching Program EVRY - Recommendations from Nominations Committee

13 TERM SHEET FOR SHARE MATCHING PROGRAM FOR BOARD MEMBERS IN EVRY ASA This term sheet (the "Term Sheet") describes the terms and conditions for a share matching program (the "Program") for members of the Board of Directors (the "Board") of EVRY ASA ("EVRY" or the "Company") This Term Sheet shall, subject to the necessary approvals and resolutions by the Company s relevant corporate bodies, including the General Meeting of the Company, constitute binding rights and obligations for the Company and members of the Board who choose to participate in the Program. Background and purpose Participants EVRY views it as beneficial for the Company that the members of the Board own shares in the Company. The purpose of the Program is to incentivise such share ownership. Participation in the Program is limited to and applicable for the Chairman of the Board and all regular members of the Board of EVRY, which for the avoidance of doubt shall include the members of the Board appointed both by the General Meeting of EVRY and by the employees of EVRY, but not deputy board members. Each potential participant will on an annual basis, normally following the Annual General Meeting at which the relevant participant is elected or re-elected the respective year, receive an invitation letter to be accepted by the participant by signing and returning a declaration of participation. The invitation letter and the declaration of participation will include any individual terms, as well as a reference to this Term Sheet and a formal adherence to the Term Sheet by the participant. Investment Each participant will be allowed to use an amount equal to up to 1/3 of the base board remuneration received such year, to purchase shares in the Company, such shares hereafter being referred to as the "Investment Shares". The investments in the Investment Shares may be made either through open market purchases, by purchasing existing treasury shares held by the Company, by subscribing for newly issued shares in the Company, or in another way which the Company in its sole discretion may decide. Shares shall be purchased at the prevailing market price at the time of the acquisition. The participants are obligated to take into any trading restrictions which follow from applicable law or internal guidelines for EVRY. Attachment: Term sheet for EVRY 2018 Share Matching Program

14 Share matching Following, or in connection with the participants investment in the Investment Shares in accordance with the this Term Sheet, EVRY will provide the participant with an equal number of shares as the Investment Shares (the "Matching Shares"). The Matching Shares may be delivered by the Company to the participant in such manner as the Company in its sole discretion may determine, but it is expected that the Matching Shares will normally be deliverd in the form of treasure shares held by the Company. The right to receive matching shares must be explicitly approved by the General Meeting of the Company, by approving an additional board compensation in an amount equal to the figure to be used for acquiring Investment Shares, and on the condition that such additional board compensation is settled in the form of shares in the Company. Lock-up Participants may not sell, pledge or in any other way dispose over the Investment Shares or the Matching Shares for as long as the participant is a member of the Board of the Company. The Company may decide that the lock-in restriction shall be registered with the Norwegian Central Depository (the "VPS"). The participants undertake to cooperate and sign any document and take any other action required in order to register a sale and pledge restriction over the shares with the VPS. Termination Tax No transfer of rights Governing Law Jurisdiction A participant's rights to receive Matching Shares under the Program terminates immediately if the participant resigns from the Board. Such termination shall, however, not affect the ownership to any Matching Shares already received. Any income tax payable by the participants in connection with the Program is the sole responsibility of each participant. Any employer s contribution is the responsibility of the Company. The Company will report any benefit for the participants to relevant authorities in accordance with applicable laws and regulations. The Program and the rights thereunder may not be transferred or assigned in any way to any person by the participants, with the exception of any subsequent transfer of shares to personal investment companies subject to substantially the same lock-ups and restrictions. Norwegian law. Any dispute or claim arising out of or in connection with this Term Sheet or the Program, including any dispute regarding existence or validity, shall be resolved, at the sole discretion of the Company, either by (i) the regular courts with Oslo City Court as the correct venue, or (ii) in accordance with the provisions of the Norwegian Arbitration Act dated 14 May 2004, no. 25 (as amended. Attachment: Term sheet for EVRY 2018 Share Matching Program

15 Aksjonærs fullstendige navn og adresse Referansenummer: Pin: MØTESEDDEL - Ordinær generalforsamling - EVRY ASA Ordinær generalforsamling i EVRY ASA avholdes 3. mai 2018 kl i Selskapets lokaler i Snarøyveien 30A, 1360 Fornebu. Møteseddelen må være Nordea Bank Norge ASA i hende senest 30. april 2018 kl Adresse: Nordea Bank Norge ASA, Issuer Services, Pb Sentrum, 0107 Oslo. Telefaks: E-post: nis@nordea.com. For aksjer som er registrert på nominee-konto (forvalterregistrerte aksjer) gjelder at verken eier eller forvalter kan møte eller stemme på generalforsamlingen. For at disse aksjene skal kunne være representert på generalforsamlingen, må aksjonær overføre aksjene fra nominee-konto til en konto i eget navn med registrering senest innen ovennevnte frist. Undertegnede vil møte i EVRY ASAs ordinære generalforsamling og avgi stemme for mine/våre aksjer, og/eller avgi stemme for aksjer ifølge vedlagte fullmakt(er) (fyll ut nedenfor) (kryss av ovenfor) Dato: 2018 Aksjeeiers underskrift: Forpliktende underskrift. Undertegnede må være myndig. Når aksjonæren ikke er en fysisk person, men et selskap, stiftelse eller annen juridisk person, skal dokumentasjon i form av firmaattest eller fullmakt vedlegges. Vedlegg: Firmaattest eller fullmakt til å underskrive møteseddel (kryss av hvis vedlegg) EVRY - Møteseddel og fullmaktsskjema OGF (002)

16 Aksjonær fullstendige navn og adresse Referansenummer: Pin: FULLMAKT - Ordinær generalforsamling - EVRY ASA Dersom De selv ikke kan møte på ekstraordinær generalforsamling, kan denne fullmakten benyttes av den som bemyndiges. Fullmakten må være Nordea Bank Norge ASA i hende senest 30. april 2018 kl Adresse: Nordea Bank Norge ASA, Issuer Services, Pb Sentrum, 0107 Oslo. Telefaks: E-post: nis@nordea.com. For aksjer som er registrert på nominee-konto (forvalterregistrerte aksjer) gjelder at verken eier eller forvalter kan møte eller stemme på generalforsamlingen. For at disse aksjene skal kunne være representert på generalforsamlingen, må aksjonær overføre aksjene fra nominee-konto til en konto i eget navn med registrering senest innen ovennevnte dato. Undertegnede aksjonær i EVRY ASA gir herved (kryss av ett alternativ): Styrets leder eller den han bemyndiger Annen aksjonær (navn): fullmakt til å møte og avgi stemme på vegne av mine/våre aksjer i EVRY ASAs ordinære generalforsamling. Dersom fullmaktseddelen ikke navngir fullmektig, anses fullmakten gitt til styrets leder eller den han bemyndiger. Fullmakt anses som stemmeinstruks for styrets og valgkomitéens forslag som angitt i innkalling til generalforsamling eller senere kunngjort eller endret, med mindre annet er angitt i EVRY - Møteseddel og fullmaktsskjema OGF (002)

17 stemmeformularet som inntatt nedenfor. Dersom det fremmes forslag i tillegg til eller til erstatning for det som fremgår av innkallingen, avgjør fullmektigen stemmegivningen. Sak nr. Sak For Mot Avstår Fullmektig avgjør 1 Valg av møteleder og én person til å medsignere protokollen 2 Godkjennelse av innkalling og dagsorden 3 Godkjennelse av årsregnskap og årsberetning for regnskapsåret Utdeling av utbytte 5 Vurdering av styrets erklæring om fastsettelse av lønn og annen godtgjørelse til ansatte 8 Valg av medlemmer til valgkomitéen 9 Honorar til medlemmer av styret og styreutvalg, honorar til valgkomitéen 10 Honorar til revisor 11 Fullmakt for styret til å forhøye aksjekapitalen i forbindelse med investeringer, generelle selskapsformål og transaksjoner 12 Fullmakt for styret til å forhøye aksjekapitalen i forbindelse med incentivprogrammer 13 Fullmakt for styret til å erverve egne aksjer Dato: 2018 Aksjeeiers underskrift: Forpliktende underskrift. Undertegnede må være myndig. Når aksjonæren ikke er en fysisk person, men et selskap, stiftelse eller annen juridisk person, skal dokumentasjon i form av firmaattest eller fullmakt vedlegges. Vedlegg: Firmaattest eller fullmakt til å underskrive møteseddel (kryss av hvis vedlegg) EVRY - Møteseddel og fullmaktsskjema OGF (002)

18 Shareholder s full name Reference no.: Pin-code: ATTENDANCE SLIP - Annual General Meeting - EVRY ASA The Annual General Meeting of EVRY ASA is convened on 3 May 2018 at CET at the Company's offices in Snarøyveien 30A, 1360 Fornebu, Norway. This form must be received by Nordea Bank Norge ASA no later than CET on 30 April Address: Nordea Bank Norge ASA, Issuer Services, P.O. Box 1166 Sentrum, N-0107 Oslo, Norway. Fax: nis@nordea.com. Shares which are registered on a nominee account may not be represented at the general meeting by the manager, or the shareholder. To enable representation of these shares in the general meeting, the shareholder must transfer the shares from the nominee account to an account in his/her own name with registration no later than the above said deadline. The undersigned will attend the Annual General Meeting and Vote for my/our shares, and/or Vote for shares on the basis of the enclosed proxy/-ies (please enclose form on next page). (tick off the appropriate box above) Date: 2018 Shareholder s signature: Binding signature. The undersigned must be of age and authorised. When the shareholder is not an individual, but a company, trust or other legal entity, documentation in the form of a certification of registration or power of attorney should be enclosed. Enclosure: Certificate of registration or power of attorney to sign the attendance form (tick off if relevant) EVRY - Attendance slip and proxy form AGM

19 Shareholder s full name Reference no.: Pin-code: PROXY FORM - Annual General Meeting - EVRY ASA If you are unable to attend the Annual General Meeting in person, you may use this form to appoint a proxy. This form must be received by Nordea Bank Norge ASA no later than CET on 30 April Address: Nordea Bank Norge ASA, Issuer Services, P.O. Box 1166 Sentrum, N-0107 Oslo, Norway. Fax: nis@nordea.com. Shares which are registered on a nominee account may not be represented at the general meeting by the manager, or the shareholder. To enable representation of these shares in the general meeting, the shareholder must transfer the shares from the nominee account to an account in his/her own name with registration no later than the above said deadline. The undersigned shareholder in EVRY ASA hereby appoints (tick off one alternative below): The Chair of the Board or a person authorised by him Other shareholder (name): as my proxy to attend and vote for my/our shareholding at EVRY ASA s Annual General Meeting. If the proxy does not name a legal representative, the proxy is considered given to the Chair of the Board, or the person authorised by him. A proxy is deemed a voting instruction for the board s and the nomination committee s proposals as set out in the summons to the general meeting or later announced or amended, unless otherwise stated in the voting form as inserted below. In case of proposals in addition to or instead of what is presented in the summons, the proxy determines the voting. Item no. Item For Against Abstain Proxy decides 1 Election of chair of the meeting and one person to co-sign the minutes 2 Approval of notice and agenda 3 Approval of the annual accounts and the annual report for the financial year Distribution of dividends 5 Consideration of the Board of Directors' statement regarding stipulation of salary and other remuneration to the executive management EVRY - Attendance slip and proxy form AGM

20 8 Election of members to the nomination committee 9 Remuneration to members of the Board of Directors and subcommittees of the Board, remuneration to the nomination committee 10 Remuneration to the auditor 11 Authorisation for the Board of Directors to increase the share capital in connection with investments, general corporate purposes and transactions 12 Authorisation for the Board of Directors to increase the share capital in connection with incentive programs 13 Authorisation for the Board of Directors to acquire treasury shares Date: 2018 Shareholder s signature: Binding signature. The undersigned must be of age and authorised. When the shareholder is not an individual, but a company, trust or other legal entity, documentation in the form of a certification of registration or power of attorney should be enclosed. Enclosure: Certificate of registration or power of attorney to sign the attendance form (tick off if relevant) EVRY - Attendance slip and proxy form AGM