Statute

STATUTES
Adopted at the Annual Meeting on March 27, 2025.

§ 1 NAME
The name of the association is Kunnskapsbyen Lillestrøm.

§ 2 PURPOSE
The business development association Kunnskapsbyen Lillestrøm is a non-commercial player. We create a common force for forward-looking and sustainable industrial growth by developing, promoting and bringing together the business community at Romerike. Knowledge City Lillestrøm represents the entire ecosystem from entrepreneurs to established businesses, and is a bridge builder between business, research, education and municipalities.

DEVELOP
KL will ensure value creation and good growth conditions for sustainable business development and innovative entrepreneurship by connecting business, research, education and municipalities through common meeting places and development projects.

PROMOTE
KL will promote Romerike as an attractive first choice for the establishment of a forward-looking business sector.

COLLECT
KL will bring together the business community in the region and promote the interests of our members through relevant meeting places and work on industrial policy issues.

Knowledge City Lillestrøm's vision is: Romerike — the first choice for forward-looking business development!

The association may, on business terms, undertake project tasks, special assignments and secretarial functions for private and public actors with relevance to industry, education and local/regional development.

The association has the opportunity, to the extent it sees fit, to establish its own companies to work towards the achievement of the association's objectives. The companies can be both wholly owned and part-owned. There is an opportunity to organize the companies in a corporate model, if this is appropriate.

The annual meeting of the association may decide to choose a different form of organization. In that case, remaining working capital and holdings may be included in the opening balance, covering required foundation capital.

Any surplus in the organization shall be used to realize the non-acquisitive purposes of the association.

No profit may be distributed to the members of the association.

§ 3 MEMBERS
Kunnskapsbyen Lillestrøm is a business development association founded on a unique partnership between private and public enterprises, including municipalities, educational and research institutions.

Individual enterprises, publicly owned enterprises organized as limited liability companies, and other central, public institutions, public and private educational institutions and research institutes, may be admitted as members. Efforts should be made to ensure that commercial enterprises make up the bulk of the membership.

Contribution system based on the number of employees registered in the Brønnøysund registers. For some businesses that work in multiple locations, we use the number of employees at Romerike. The number of employees is the number of salary recipients and not annual work and is used because there is publicly available information.

The pricing system is based on the following principles:

• High schools pay a fixed price.

• Municipalities pay per capita

• Start-up business/entrepreneurial activity pays a low fee for up to 3 years.

• The rates are adjusted annually according to CPI 01.01 to 31.12. Rounded to the nearest DKK 100

• Contributions are invoiced immediately after the Annual Meeting.

• Enrolment of the City of Knowledge Lillestrøm must be made in writing before 30.09 for the following year.

• New enrollees after the Annual Meeting pay the number of months/12 parts there are until the next Annual Meeting.

• Membership fees are billed with the 14th day payment deadline.

§ 4 WORKING CAPITAL AND FOUNDATION CAPITAL
The association's working capital in the year 2001 is based on the support of its members for specific projects, cf. Project Plan. Project funds at the time of foundation constitute the foundation capital of the association.

§5 ANNUAL MEETING
The annual meeting is the highest body of the association. All members have the right to meet at the registered representative's personal attendance by proxy. The Chairman of the Board chairs the Annual Meeting. The Annual Meeting shall be convened with at least one — one — month's notice. With summons should follow the agenda. The other documents must be submitted by the members of her no later than 7 - seven — days before the annual meeting.

Matters that wish to be presented at the Annual Meeting shall be submitted to the Board of Directors no later than 2 — two — weeks before the Annual Meeting. If the Board decides otherwise, the relationship shall be reported at the Annual Meeting. The annual meeting is quorum when legally convened. It should deal only with matters listed on the agenda.

The Annual Meeting shall be held each year by the end of March, and deal with the following matters:

1. Annual Report

2. Accounting

3. Incoming matters, matters presented by the Board

4. Election of Board

5. Election of auditor — determination of fees

6. Contingencies for subsequent years

7. Appointment of representatives to the Election Committee after the recommendation of the Board of Directors

The Board of Directors shall present an action plan and budget to the Annual Meeting.

Following the recommendation of the Election Committee, the Annual Meeting elects the members of the Board of Directors. The main rule is that the members of the board are elected for two-year terms. About half of the board's members are supposed to be up for election at each annual meeting.

§ 6 BOARD OF DIRECTORS AND DAILY MANAGEMENT
The Board shall consist of 9 — nine — members elected for two years at a time, so that approximately half of the members are elected each year.

• Board representatives may be elected from all members, however, so that commercial enterprises make up at least the majority of the board.

• The Annual Meeting elects the Chair and Deputy Chairperson.

• The Chairman of the Board shall convene a meeting of the Board of Directors as required, and with at least 8 — eight — days' notice.

If they find it necessary, two directors may request that a board meeting be held within 14 to fourteen days. The Board of Directors has a quorum when legally convened and at least the Chairman of the Board or the Deputy Chairman of the Board and 4 other Board members are present. All decisions are taken by simple majority, and the vote of the Chairman of the Board (the Deputy Chairman of the Board in his absence) is determined by equal vote. The Board of Directors shall take the measures deemed necessary to safeguard the purposes and tasks of the Association.

The Board appoints a General Manager, who is responsible for day-to-day operations.

§7 REFERENCE GROUP/STEERING GROUP
The Board may choose to establish a reference group/steering group. The Reference Group/Steering Group shall be a broadly composed cooperation/liaison body for the Board and its members in matters relating to professional and interdisciplinary areas of interest, regional and national matters affecting the interests of the Association, as well as influence, dialogue and cooperation with local and regional public authorities.

The composition of the reference group/steering group shall at all times reflect the areas of interest enshrined in the association's action and activity plans. The Board appoints a core of permanent representatives in the reference group/steering group. Depending on the needs, the group can be organized up with several representatives and/or working groups.

§ 8 ELECTION COMMITTEE
Representatives to the Election Committee are appointed by the Annual Meeting on the recommendation of the Board of Directors, and consist of 4 — four — members, one of whom shall be the Chairman. One new member is to be appointed each year.

§ 9 AMENDMENT TO, OR ADDITION TO, THE STATUTE
Amendments to, or additions to, the Statute are decided by the Annual Meeting by a 2/3 — two-thirds majority among the members present.

The dissolution of the association may be adopted by a 2/3 to two-thirds majority of the annual meeting, and must be confirmed by an extraordinary annual meeting with a 2/3 to two-thirds majority among the members present after two months.

If the annual meeting of the association adopts the dissolution of the association and decides that it shall not be continued in another organizational form, in that case the remaining working capital and holdings shall be transferred to another association or institution without any acquisition purpose.

An annual meeting resolution dissolving the association shall include a decision as to which other association or institution shall receive the remaining working capital and holdings.