Instructions for the CEO

The CEO is responsible for managing and developing the Company and dealing with the ongoing management of the Company’s business affairs within the framework of the Norwegian Companies Act, the Company’s business plan, instructions for the CEO, and guidelines and instructions announced by the Board.

In the internal work, the CEO shall monitor that the Company’s organization is businesslike and efficient, implement the Company’s strategy and goals, and process and suggest qualitative and quantitative goals for the Company’s various business units. For the Board of Directors, the CEO shall continuously and before each ordinary Board meeting create, compile, and present data that the Board of Directors requests for assessment of the Company’s economic situation, such as reports, key figures and comments, proposals for business plan, marketing plan, budgets, forecasts, financial statements, interim reports and annual reports.