The Annual Meeting as governing body is elected among active fishermen representing the different vessel categories.
The Annual Meeting consist of a proportionate number based on member vessels in each category, the vessels' geographic location, ship owners and ordinary crew members respectively, amounting to 60 meeting delegates all together. The Annual Meeting determines General Rules, appoints the Board and the Control Committee. In addition The Annual Meeting stipulates annually the commissioners' fee (service levy to be paid by the fishermen).
Ordinary meetings are arranged within the expiry of June every year.
The Annual Meeting in 2017 is to be held 4. - 5. May at Scandic Ørnen Hotel, Bergen
The Annual Meeting in 2018 is to be held 24. - 25. May at Quality Hotel Edvard Grieg, Bergen