MINUTES OF THE EXECUTIVE BOARD MEETING OF 16 AUGUST 2017

1) CPI-ATE: CPI adjusted for tax changes and excluding energy products. A further adjustment is made for the estimated effect of reduced maximum day-care rates from January 2006.. 2)

In light of the Executive Board’s discussions, a draft letter to the Ministry of Finance with a recommendation on the countercyclical capital buffer for the third quarter of 2017

Yngve Slyngstad and Lise Lindbäck presented the matter and the draft letter for discussion. Jon Nicolaisen reported on the Risk and Investment Committee’s discussions and the

document: Memo from the Ownership Committee of 20 November 2020 Kristine Ryssdal presented the annual review of active ownership and its consideration by the Ownership

At the Executive Board meeting of 12 August 2020, a draft outline for the organisation of the NBIM Leader Group was presented. The outline entailed reducing the number of positions

He gave a further briefing on the subsequent dialogue with Nicolai Tangen on possible amendments to his employment contract, and presented the revised contract that Nicolai Tangen

regarding the appointment of a new NBIM CEO. He also informed that a hearing of the Standing Committee on Finance and Economic Affaires would be held on Monday 10 August.

Memo from the Ownership Committee of 22 January 2021 In a letter of 21 December, the Ministry of Finance requested that Norges Bank present an account of how the Bank is following