Olav Breivik was re-elected as chairman at the annual meeting in Viken Skog. He is thus entering his 10th year as chairman of Viken Skog.

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Olav Breivik re-elected as Viken Skog Chairman

Olav Breivik re-elected as Viken Skog Chairman

图像: Board 2023: Theodora Tangen Fretheim, Erland Lundby, Olav Breivik, Astrid Lier Rømuld, Reidar Dølven, Lars Fredrik Stuve and Anders Wåla. Photo: Marius Lippestad

Olav Breivik was elected for the 10th year in a row as chairman of Viken Skog. Erland Lundby from Hurdal was re-elected as deputy chairman.

Chairman of the selection committee, Andris Kvam, said that it is important to have Olav Breivik still at the helm until the Company has arrived at a decision on a new factory in Treklyngen Industripark, Norway.

The annual meeting of Viken Skog was held at Thorbjørnrud Hotel in Jevnaker.

图像: 80 participants attended this year's annual meeting in Viken Skog. Photo: Marius Lippestad

There was some discussion about the size of the amount to be paid in arrears. After a vote, it was finally decided by the annual meeting to set aside NOK 30 million ($2.9 million) as a back payment on the average timber deliveries from the unit owners over the past five years. This amounts to approximately NOK 17 ($1.6) per cubic meters of timber.

It was also decided to transfer NOK 100 million ($9.7 million) to the afterpayment fund.

The annual meeting went on to support the board's proposal to pay out a dividend of 4.5% on mandatory unit contributions and 5.5% on additional unit contributions to the unit owners.

Viken Skog SA is a forest owners' cooperative for more than 9,000 share owners in Viken, Vestfold-Telemark and Innlandet, Norway.