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Registration Document Aker ASA – 06.08.2013 Registration Document Registration Document Aker ASA Aker ASA Fjordalléen 16, Aker Brygge PO Box 1423 Vika NO-0115 Oslo Norway Tel: 24 13 00 00 06.08.2013 Prepared according to Commission Regulation (EC) No 809/2004 - Annex IX Aker ASA – 06.08.2013 Registration Document Important notice The Registration Document has been prepared solely in connection with application for the issuance of the Bonds on Oslo Børs. The Registration Document together with the relevant Securities Notes constitutes a Prospectus. The Registration Document is based on sources such as annual reports and publicly available information. This Registration Document has been prepared in cooperation with the Arranger. This is subject to the general business terms of the Arranger. Confidentiality rules and internal rules restricting the exchange of information between different parts of the Arranger may prevent employees of the Arranger who are preparing this Registration Document from utilizing or being aware of information available to the Arranger and/or affiliated companies and which may be relevant to the recipients' decisions. Only the Company and the Arrangers are entitled to obtain information about conditions described in the Registration Document. Information provided by any other person does not have relevance to the registration document and should therefore not be trusted. The Arranger and/or affiliated companies and/or officers, directors and employees may be a market maker or hold a position in any instrument or related instrument discussed in this Registration Document, and may perform or seek to perform financial advisory or banking services related to such instruments. The Arranger's corporate finance department may act as manager or co-manager for this Issuer in private and/or public placement and/or resale not publicly available or commonly known. Copies of this Registration Document are not being mailed or otherwise distributed or sent in or into or made available in the United States other than on the Issuer’s web page. Persons receiving this document (including custodians, nominees and trustees) must not distribute or send such documents or any related documents in or into the United States. Other than in compliance with applicable United States securities laws, no solicitations are being made or will be made, directly or indirectly, in the United States. Securities will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Registration Document is subject to Norwegian law, unless otherwise expressly stated. Any dispute regarding the Registration Document shall be resolved by Norwegian law. The distribution of the Registration Document may be limited by law also in other jurisdictions, for example in Canada, Japan and in the United Kingdom. The Prospectus has been reviewed and approved by the Norwegian FSA in accordance with sections 7-7 and 7-8, cf. section 7-3 of the Norwegian Securities Trading Act. The Norwegian FSA has not controlled or approved the accuracy or completeness of the information given in this Prospectus. The approval given by the Norwegian FSA only relates to the Issuer's descriptions pursuant to a pre-defined check list of requirements. The Norwegian FSA has not made any form of control or approval relating to corporate matters described in or otherwise covered by this Prospectus. This Registration Document does not constitute an offer to subscribe or purchase any bonds or other securities. The content of the Registration Document is not any form of legal, financial or tax advice. Any Bondholder should consult with their own legal and/or financial advisor and/or tax adviser. Page 2 of 25 Aker ASA – 06.08.2013 Registration Document Table of Contents 1 RISK ............................................................................................................................................................ 5 1.1 RISK FACTORS .................................................................................................................................................... 5 2 PERSONS RESPONSIBLE ............................................................................................................................... 7 2.1 PERSONS RESPONSIBLE ......................................................................................................................................... 7 2.2 STATUTORY AUDITORS ......................................................................................................................................... 7 3 DEFINITIONS ............................................................................................................................................... 7 4 THIRD PARTY INFORMATION AND FORWARD LOOKING STATEMENTS .............................................. 8 5 INFORMATION ABOUT THE ISSUER ............................................................................................................. 8 5.1 AKER ASA DETAILS.............................................................................................................................................. 8 5.1.1 Legal and commercial name .............................................................................................................. 8 5.1.2 Organisation number ......................................................................................................................... 8 5.1.3 Date of incorporation and registration .............................................................................................. 8 5.1.4 Contact information .......................................................................................................................... 8 5.2 HISTORY AND DEVELOPMENT ................................................................................................................................ 8 6 BUSINESS OVERVIEW ................................................................................................................................ 10 6.1 OVERVIEW AND COMPANY STRUCTURE ................................................................................................................. 10 6.1.1 Aker ASA .......................................................................................................................................... 10 6.1.2 Company structure .......................................................................................................................... 10 6.2 INDUSTRIAL HOLDINGS ....................................................................................................................................... 11 6.2.1 Aker Solutions .................................................................................................................................. 12 6.2.2 Kvaerner........................................................................................................................................... 12 6.2.3 Det norske oljeselskap ..................................................................................................................... 13 6.2.4 Ocean Yield ...................................................................................................................................... 13 6.2.5 Aker BioMarine ................................................................................................................................ 13 6.2.6 Havfisk ................................................................................................................................................... 13 6.3 FINANCIAL INVESTMENTS .................................................................................................................................... 13 6.3.1 Cash and receivables ....................................................................................................................... 14 6.3.2 Equity and financial investments ..................................................................................................... 14 6.3.3 Fund investments ............................................................................................................................. 15 7 THE BOARD OF DIRECTORS, MANAGEMENT AND SUPERVISORY BODIES .................................................. 16 7.1 THE BOARD OF DIRECTORS ................................................................................................................................. 16 7.1.1 Kjell Inge Røkke (Chairman) ............................................................................................................. 16 7.1.2 Finn Berg Jacobsen (Director) .......................................................................................................... 16 7.1.3 Stine Bosse (Director) ....................................................................................................................... 16 7.1.4 Kristin Krohn Devold (Director) ........................................................................................................ 17 7.1.5 Leif O. Høegh (Director) ................................................................................................................... 17 7.1.6 Karen Simon (Director) .................................................................................................................... 17 7.1.7 Atle Tranøy (Director, Elected by the employees) ...........................................................................
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