Frequently Asked Questions

Q: I'm living outside of Norway. Can I invest in Opera?

A: Probably yes. We're unfortunately unable at this time to help investors trade on the Oslo Stock Exchange. Please contact your local broker to find out how you can trade on the Oslo Stock Exchange.

Q: How does Opera generate revenues?

Opera today has two different revenue models, one for the Internet embedded markets and one for the desktop market.

Internet embedded markets

Traditionally, Opera licenses the browser either directly to

• Original Equipment Manufacturers (OEMs), such as Motorola
• Operating system owners, such as Symbian
• User Interface (UI)/middleware owners, such as Canal+

Since 2003, Opera has also been focusing on offering the browser directly to other players that are placed higher in the value chain:

Mobile operators

Since 2003, Opera has successfully been working directly with mobile operators to deliver a special branded version of the browser directly to operators in order for them to gain a stronger position among their subscribers and increase revenues from data traffic.

There are three main revenue streams:

1. Non-Recurring Engineering (NRE) fee:
   Mutually decided between the partner and Opera up-front, based on the workload needed from Opera's side. Opera places a high degree of importance on the NRE fee, as it demonstrates strong commitment from partners.
2. Licensing fee:
   Opera gets a license fee based on units sold. The fee per unit depends upon the volume commitment from the partner. As a proof-of commitment from partners, a guaranteed minimum number of licenses sold is customary in order to secure a minimum level of revenues for Opera.
3. Support & Maintenance:
   A Support and Maintenance agreement that includes:
   • New releases of the product and modified product
   • Upgrade rights for earlier versions of the product/modified products
   • Access to Opera's Support Center

This revenue model implies that the major part of the revenues is connected to shipments of products in the market.

Desktop

On desktop, Opera collects revenue in several different ways:

1. Search partners
   The Opera Browser features integrated search and shopping bars, and partner companies pay a fee to Opera every time a user utilizes the integrated search or shopping bar. Opera cooperates with a few select partners it feels can contribute value to its product and users. Deals with companies like Google, Fast, Lycos, InfoSeek, Yahoo, Amazon, and eBay are showing constant growth in revenues for Opera.
2. Rendering engine as a separate product
   Opera delivers a full-featured, embeddable version of its desktop browser that can be integrated into a wide range of applications. Adobe and Macromedia are important partners in this segment.
3. Opera Web Mail
   Opera provides a free and a pay service Webmail. When users pay for the premium service, Opera splits the revenue with Outblaze, the company that operates the service.

Q: Who are Opera's customers?

Visit our partner pages for a partial customer list.

Q: Which Exchange is Opera listed on and what is the ticker symbol?

Opera is listed on the Oslo Stock Exchange in Norway, with the ticker symbol "OPERA".

Q: Is there an intention to list in other countries in the future?

No.

Q: How many shares does Opera have in issue?

Please view the historic share capital development table to see the number of shares in issue.

Q: When is Opera's fiscal year?

Opera's fiscal year ends December 31.

Q: How can I contact Opera to receive additional information?

Contact Opera through the contact page. On the Investor relations pages you will find all financial reports, announcements to the stock exchange, press releases and more.

Q: How do I receive all the press releases, stock announcements and the Investor Relations newsletter that Opera issues?

Sign up to the Investor Relations mailing list.

Q: Who are Opera's Auditors?

KPMG, based in Oslo, Norway.