Corporate Governance
The Company is subject to the Norwegian Code of Practice for Corporate Governance (“the Corporate Governance Code”), issued by the Norwegian Corporate Governance Board on 4 December 2007.
The Corporate Governance Code is based on a comply or explain principle, which means that the Company must explain non-compliance with the recommendations of the Corporate Governance Code in the annual report of the Company.
In accordance with the Code, the Company will include a report on its corporate governance in the annual report. This report will describe the Company’s corporate governance during the fiscal year and include explanations of any derogations from the Code, in accordance with the “comply or explain” principle.
Learn more about the Company's Corporate Governance (in Norwegian).