Norway
United Kingdom
Spain
Germany
France
China
Japan
Investor relation
IR-Contact
Analysts
Financial calendar

Read more about Investor Relations, corporate governance, and company management here.


For questions concerning Investor Relations, please contact NRS’ Chief Financial Officer directly:

Ola Loe, CFO
E-mail:                ola.loe@salmon.no
Direct line:       +47 7392 4310
Mobile:               +47 9117 9411

Contact data for analysts who regularly follow NRS.

About stockinformation:
Ticker: NRS
ISIN: NO0010331838
Org nr.: 864 234 232 NO
Number of shares: 43 572 191  à nominal NOK1,- per share

Contacts: 

ABG Sundal Collier
Vidar Kristoffer Strat
Phone: +47 22 01 61 60
Email: vidar.strat@abgsc.no

CARNEGIE
Lage Bøhren

Phone: +47 22 00 93 57
Email: lage.bohren@carnegie.no

Danske Bank Markets
Knut Ivar Bakken
Phone: +47 85 40 70 74
Email: knb@danskebank.no

DNB Markets
Alexander Aukner
Phone: +47 24 16 90 79
Email: alexander.aukner@dnb.no

FONDSFINANS
Knut Erik Løvstad
Phone: +47 23 11 30 40
Email: kel@fondsfinans.no

Handelsbanken Capital Markets
Ketil Lye
Phone: +47 22 39 72 99
Email: kjly01@handelsbanken.no

SEB
Bent Rølland
Phone: +47 22 82 71 26
Email: bent.rolland@seb.no








NORDEA MARKETS
Kolbjørn Giskeødegård
Phone: +47 22 48 79 83
Email: kolbjorn.giskeodegard@nordea.com

Norne Securities
Karl Johan Molner
Phone: +47 974 76 064
Email: karl-johan.molner@norne.no

PARETO SECURITIES AS
Carl-Emil Kjølå
s Johannessen
Phone: +47 24 13 39 41
Email: kjolas.johannessen@paretosec.com

SpareBank 1 Markets
Tore A. Tønseth
Phone: +47 24 14 74 18
Email: tore.tonseth@sb1markets.no

Swedbank
Phone: +47 23 23 80 00




Financial calendar 2018/2019 for Norway Royal Salmon ASA:

06.11.2018  Presentation Q3 2018
12.02.2019  Presentation of preliminary annual results 2018
30.04.2019  Annual Report 2018
21.05.2019  Presentation Q1 2019
06.06.2019  Annual General Meeting 2019
27.08.2019  Presentation Q2 2019
12.11.2019  Presentation Q3 2019



Please note that the financial calendar may be subject to change.

This information is subject of the disclosure requirements acc. to § 5-12 vphl (Norwegian Securities Trading Act)


Shareholders
General Assembly
Statutes
Registrar

Largest shareholders

%     SHAREHOLDER OF 15.03.2018
15.56%Gåsø Næringsutvikling AS
12.09%Glastad Capital AS
11.87%Måsøval Eiendom AS
10.87%Egil Kristoffersen og Sønner AS
9.46%Havbruksinsvest AS
3.93%DnB Markets DnB Nor Markets
3.76%Hellesund Fiskeoppdrett AS
2.83%Sparebank 1 Markets Market-Making
2.45%Nyhamn AS
2.44%Lovundlaks AS


  %

SHAREHOLDER OF 15.03.2018

1,37%State Street Bank an A/C Client Omnibus
0.78%Svenska Handelsbanken 
0.64%Henden Fiskeindustri
0.63%JPMorgan Chase Bank A/C Vanguard BBH
0.62%BNP Paribas Securiti BPSS PAR/KEMPEN
0.59%Måsøval Fishfarm AS
0.48%MP Pensjon PK
0.48%Eika Norge
0.47%State Street Bank an A/C Exempt Lux Regi
 0.43%Loe Ola 


Articles of Association

Articles of Association, as worded after amendment adopted in the general meeting of 31. May 2018

Articles of Association


Shareholder Services

Registrar of Norway Royal Salmon ASA (org.no. 864 234 232 NO)
is Sparebank1 SMN – Trondheim.

The shares are registered in:
Norwegian Central Securities Depository (VPS) with ISIN NO0010331838.
Oslo Stock Exhange (OSE)  – ticker NRS.

Total number of shares issued is 43.572.191 shares with a par value NOK 1,-.
The assessed value as of 31.12.2014 is NOK 65,38 per share.
Dividend paid in 2013 was NOK 2,20 per share.

Releases for Oslo Stock Exchange and Press releases

Norway Royal Salmon ASA’s announcements to the Oslo Stock Exchange can be found at
 www.newsweb.no

Below are links to:

All stock exchange announcements from Norway Royal Salmon ASA
Link to Oslo Stock Exchange newsweb

Mandatory Notifications from Norway Royal Salmon ASA
Link to Oslo Stock Exchange newsweb

Disclosures of large shareholdings in Salmon ASA
Link to Oslo Stock Exchange newsweb



Últimos lanzamientos (inglés)(9)
  • Share-based incentive scheme - Mandatory notification of trade
    20.03.2019
  • Share-based incentive scheme - Mandatory notification of trade
    20.03.2019
  • Mandatory notification of trade – acquired treasury shares and extended TRS agreement
    14.03.2019
  • Norway Royal Salmon: Q4 18 – Highest Operational EBIT in the history of NRS
    12.02.2019
  • Invitation to presentation of Q4 2018
    05.02.2019
  • Mandatory notification of trade - extended TRS agreement
    18.01.2019
  • Q3 18 – Operational EBIT of MNOK 35
    06.11.2018
  • Invitation to presentation of Q3 2018
    31.10.2018
  • Invitation to presentation of Q4 2017
    07.02.2018

Share-based incentive scheme - Mandatory notification of trade

Payment related to the Group's option program for senior management and key personnel.

Norway Royal Salmon ASA (NRS) has today sold 10,753 own shares at a price of NOK 203.48 per share in connection with the management and key personnel's stock option scheme.

The participants in the stock option scheme have an obligation to buy NRS shares for the calculated bonus amount, at the volume weighted average price for the share in the period from March 6 to March 19, 2019. The average price is NOK 203.48 per share.

Shares in the company have been transferred to the following primary insiders on March 20, 2019:

-          Charles Høstlund received through related parties 1,966 shares

-          Ola Loe received through related parties 1,753 shares

-          Klaus Hatlebrekke received through related parties 1,474 shares

-          Arve Olav Lervåg received 1,373 shares

-          Hanne-Guri Haug received 462 shares

-          Per Magne Bølgen received 576 shares

-          Ingrid Rønning received 189 shares

-          Jan Pål Johannesen received 217 shares

The primary insiders listed below have on March 20, 2019 sold the following number of shares back to NRS to cover the taxable amount for the reception of the above shares:

-          Arve Olav Lervåg sold 686 shares

-          Jan Pål Johannesen sold 108 shares

Norway Royal Salmon ASA (NRS) total repurchase of own shares is 1,507 at a price of NOK 203.48 per share to cover the stock option holder's taxable amounts.

After these transactions, the primary insiders have the following stock holdings:

-          Charles Høstlund holds through related parties 171,298 shares

-          Ola Loe holds through related parties 227,650 shares

-          Klaus Hatlebrekke holds through related parties 141,419 shares

-          Arve Olav Lervåg holds 687 shares

-          Hanne-Guri Haug holds 1,067 shares

-          Per Magne Bølgen holds 1,197 shares

-          Ingrid Rønning holds 4,574 shares

-          Jan Pål Johannesen holds 109 shares

After these transactions, NRS holds 528,961 treasury shares and has contractual rights to 985,756 own shares, constituting 3.48 percent of the issued share capital.

For more information, please contact:

CEO Charles Høstlund, +47 9941 8449

CFO Ola Loe, +47 9117 9411

Share-based incentive scheme - Mandatory notification of trade

Norway Royal Salmon ASA (NRS) today sold 19,747 shares at a price of NOK 203.48 per share in connection with management's synthetic stock option scheme.

The participants in the synthetic stock option scheme have an obligation to buy NRS shares for the paid bonus amount after tax, at the volume weighted average price for the share in the period from March 6 to March 19, 2019. The average price is NOK 203.48 per share.

After this transaction, NRS holds 538,207 treasury shares and has contractual rights to 985,756 own shares, constituting 3.50 percent of the issued share capital.

In connection with the stock option scheme, the following primary insider in NRS bought shares at a price of NOK 203.48 per share:

Charles Høstlund purchased through related parties 19,747 shares. Total holding after the purchase is 169,332 Norway Royal Salmon shares.

For more information, please contact:

CEO Charles Høstlund, +47 9941 8449

CFO Ola Loe, +47 9117 9411.

Mandatory notification of trade – acquired treasury shares and extended TRS agreement

Norway Royal Salmon ASA (“NRS”) has today exercised its contractual right to purchase 500,000 treasury shares at a price of NOK 216.50 per share, while the company has extended a TRS (Total Return Swap) with exposure to the remaining 985,756 shares in NRS to 13 September 2019. In connection with this TRS, NRS has entered into an agreement with the contractual right to acquire 985,756 shares in NRS at NOK 219.460457 per share. Following this transaction and extension of the TRS agreement, NRS holds 557,954 treasury shares and has contractual rights to 985,756 own shares, constituting 3.54 percent of the issued share capital.

For more information, please contact:

CFO Ola Loe, +47 9117 9411.

Norway Royal Salmon: Q4 18 – Highest Operational EBIT in the history of NRS

Today Norway Royal Salmon (NRS) reports an operational EBIT of MNOK 232 for the fourth quarter 2018 and EBIT per kg of NOK 17.73. Corresponding figures for the same quarter last year were MNOK 95 and NOK 15.51.

- Today we report the highest operational EBIT in the history of NRS for both a quarter and a financial year. We are pleased that Region North continues the positive development in production costs, however biological challenges in Region South are reducing the result says CEO Charles Høstlund.

For the financial year of 2018, NRS has operating revenues of more than NOK 5 billion and achieved an operational EBIT of MNOK 642 million. The Board proposes a dividend of NOK 6.00 per share for 2018.

Net operational cash flow amounted to MNOK 130 in the fourth quarter. Net interest-bearing debt decreased in the quarter by MNOK 80 to MNOK 420. The equity at the end of the quarter is MNOK 2 321, which equates an equity ratio of 57 per cent. Return on capital employed for the last four quarters is 37 per cent.

Region North

Region North posted an operational EBIT of MNOK 243.3 in the quarter, compared with MNOK 116.0 in the corresponding quarter last year. Operational EBIT per kg gutted weight was NOK 20.20 compared with NOK 15.84 in the corresponding quarter last year.

Region South

Region South posted an operational EBIT of MNOK 1.0 in the quarter, compared with MNOK 24.4 in the corresponding quarter last year. Operational EBIT per kg gutted weight was NOK 0.60, compared with NOK 14.12 in the corresponding quarter last year.

NRS harvested 13 783 tonnes gutted weight in the quarter, which is 52 per cent higher than in the same quarter last year. 12 042 tonnes of the total volume were harvested in Region North and 1 741 tonnes in Region South. Estimated harvest volume is 38 000 tonnes for 2019, an increase of 6 per cent from 2018. The sales business sold 27 785 tonnes salmon during the quarter, which is 24 per cent higher than the corresponding quarter last year. Both harvested and sold volume is the highest in a quarter in the history of NRS.

- NRS takes an active part in the development of a sustainable aquaculture industry through substantial investments over the next three years. We focus on innovation and technology development to ensure our sustainable growth by investing in a smolt facility and offshore fish farms that will create new local jobs, says Charles Høstlund.

For more information, please contact:

  • CEO Charles Høstlund, +47 994 18 449
  • CFO Ola Loe, +47 911 79 411.

Norway Royal Salmon in brief

Norway Royal Salmon (NRS) group owns 39 426 tonnes MAB distributed between 34 746 tonnes MAB in Region North located in West Finnmark and Troms and 4 680 tonnes MAB in Region South in the area around Haugesund. In addition, the group has minority interest in three associated Norwegian fish farming companies which together own ten fish farming licenses, as well as Arctic Fish on Iceland. NRS is an attractively positioned fish farming group, which offers salmon to the market through its own sales organisation. For further details, please visit www.norwayroyalsalmon.com.

NRS Q4 2018 Report (pdf)
NRS Q4 2018 Presentation (pdf)

Invitation to presentation of Q4 2018

Norway Royal Salmon will present the interim report for the 4thquarter 2018 on Tuesday 12thFebruary 2019 at hrs 08:00 CET at Hotel Continental, Stortingsgaten 24/26 in Oslo.

The company’s CEO Charles Høstlund and CFO Ola Loe will announce the results.

Please note that the quarterly report and presentation will be published at 06:30 CET.

For further information, please contact:
CFO Ola Loe
Tlf: +47 911 79 411
E-mail: ola.loe@salmon.no

Mandatory notification of trade - extended TRS agreement

Chair of the Board of Directors in Norway Royal Salmon ASA (“NRS”), Helge Gåsø, has today through Gåsø Næringsutvikling AS extended a TRS (Total Return Swap) agreement with exposure to 250,000 shares in NRS to 12 April 2019. In addition, Gåsø Næringsutvikling AS has entered into an agreement with contractual right to acquire 250,000 shares in NRS at NOK 185.37 per share. Following this extension, Gåsø Næringsutvikling AS holds and has contractual rights to 7,079,605 shares in NRS, constituting 16.25 percent of the issued share capital.

Q3 18 – Operational EBIT of MNOK 35

Today Norway Royal Salmon (NRS) reports an operational EBIT of MNOK 35 for the third quarter 2018 and EBIT per kg of NOK 22.10. Corresponding figures for the same quarter last year were MNOK 192 and NOK 19.29.

- During the quarter we have focused on building biomass and the biomass in the sea has increased by 71 per cent from the end of the previous quarter. This has resulted in a low harvest volume for the quarter. We have had a positive development in production costs from the previous quarter in Region North, says CEO Charles Høstlund.

Net interest-bearing debt increased in the quarter by MNOK 87 to MNOK 500, after purchase of 800 tonnes MAB and the increase in biomass of 11 927 tonnes. The equity at the end of the quarter is MNOK 2 243, which equates an equity ratio of 55 per cent. Return on capital employed for the last four quarters is 30 per cent.

Region North

Region North posted an operational EBIT of MNOK 53.0 in the quarter, compared with MNOK 155.3 in the corresponding quarter last year. Operational EBIT per kg gutted weight was NOK 22.27 compared with NOK 18.85 in the corresponding quarter last year.

Region South

Region South posted an operational EBIT of MNOK 1.8 in the quarter, compared with MNOK 46.3 in the corresponding quarter last year. Operational EBIT per kg gutted weight was NOK 18.05, compared with NOK 20.91 in the corresponding quarter last year.

NRS harvested 2 478 tonnes gutted weight in the quarter, which is 76 per cent lower than in the same quarter last year. 2 379 tonnes of the total volume were harvested in Region North and 100 tonnes in Region South. Estimated harvest volume is 36 000 tonnes for 2018, an increase of 13 per cent from 2017. Estimated harvest volume is 40 000 tonnes for 2019, an increase of 11 per cent from 2018. 10.8 million smolts are planned released in 2018. The sales business sold 14 945 tonnes salmon during the quarter, which is 33 per cent lower than the corresponding quarter last year.

For more information, please contact:

  • CEO Charles Høstlund, +47 994 18 449
  • CFO Ola Loe, +47 911 79 411.

Norway Royal Salmon in brief

Norway Royal Salmon (NRS) group owns 39 426 tonnes MAB distributed between 34 746 tonnes MAB in Region North located in West Finnmark and Troms and 4 680 tonnes MAB in Region South in the area around Haugesund. In addition, the group has minority interest in three associated Norwegian fish farming companies which together own ten fish farming licenses, as well as Arctic Fish on Iceland. NRS is an attractively positioned fish farming group, which offers salmon to the market through its own sales organisation. For further details, please visit www.norwayroyalsalmon.com.

NRS Q3 2018 Report English (pdf)
NRS Q3 2018 Presentation (pdf)

Invitation to presentation of Q3 2018

Norway Royal Salmon will present the interim report for the 3rdquarter 2018 on Tuesday 6thNovember 2018 at hrs 09:00 CET at Hotel Continental, Stortingsgaten 24/26 in Oslo.

The company’s CEO Charles Høstlund and CFO Ola Loe will announce the results.

Please note that the quarterly report and presentation will be published at 06:30 CET.

For further information, please contact:
CFO Ola Loe
Tlf: +47 911 79 411
E-mail: ola.loe@salmon.no

Invitation to presentation of Q4 2017

Norway Royal Salmon will present the interim report for the 4thquarter 2017 on Tuesday 13thFebruary 2018 at hrs 08:00 CET at Hotel Continental, Stortingsgaten 24/26 in Oslo.

The company’s CEO Charles Høstlund and CFO Ola Loe will announce the results.

Please note that the quarterly report and presentation will be published at 06:30 CET.

For further information, please contact:
CFO Ola Loe
Tlf: +47 911 79 411
E-mail: ola.loe@salmon.no

The prerequisite for good corporate governance is a clear and transparent relationship between owners, the board of directors and management. Good corporate governance will instil confidence and trust among all interested parties and will provide a firm basis on which to create value and good results. Good corporate governance is important to Norway Royal Salmon (“NRS” or the “Company”) and the Company’s principles of corporate governance have been drawn up in accordance with the Norwegian Code of Practice for Corporate Governance.

Business
The Company’s object is to engage in the production, processing, trading and distribution of seafood, and participate in other companies associated with the seafood industry. The Company’s further object is to engage in quality assurance and chain management for partner companies.

The Company’s core value is the fundamental belief that better results can be achieved both for companies and for the local community if companies are involved in the community and if they exercise authority and leadership.

The following strategic key points have been adopted by the board of directors:

  • NRS shall be an efficient and profitable aquaculture company.
  • NRS shall rune an effective and profitable sales organisation.
  • NRS shall provide a competitive return on investment to its shareholders.
  • NRS shall offer affiliated producers economies of scale with respect to sales, procurement, quality assurance an other imoportant services.
  • NRS wishes to be a shareholder in companies associated with aquaculture industry.

Equity and dividends
The Company shall maintain a level of equity appropriate to the Company’s objectives, strategy and risk profile. The Company’s aim is for shareholder returns to reflect the value created by the Company and convert into dividends, as well as an increased share price. Dividends shall remain stable over time and shall make up 30-40% of the group’s net profit, provided that the Company’s own capital requirements have been met. Over time, monetary value shall be created by way of share price rises rather than paid-out dividends.


Equal treatment of shareholders and freely negotiable shares

It is the Company’s policy to treat all shareholders equally. Shareholders shall not be subjected to differential treatment without basis in the Company or the shareholders’ commonality of interest. The Company’s shares are freely negotiable and there are no restrictions on the purchase and sale of the Company’s shares beyond that which follows from Norwegian law. All shares belong to a single class, and each share has one vote at the Company’s general meetings.

General Meeting
An ordinary annual general meeting shall be held within six months of the end of each financial year. Extraordinary general meetings may be called by the board of directors at any time.

All shareholders shall receive a written invitation to attend the general meeting. Motions and necessary background information along with documents to be produced at the general meeting shall be made available on the Company’s website no later than 21 days before the general meeting. Shareholders who are unable to attend may vote by proxy.

The general meeting shall elect members to the board of directors, set the level of remuneration of board members, adopt the annual accounts and board of directors report and consider any other matters pertaining to the general meeting according to laws or regulations. The chairman of the board of directors, the management and the auditor shall attend the ordinary general meeting.

Nomination committee
The Company’s nomination committee comprises three members elected by the general meeting for two year at a time. The nomination committee shall put forward proposals to the general meeting on the election of members and deputy members to the board of directors. The recommendation fore the chair of the board is given separately.Their proposals shall be justified. The nomination committee shall give a recommendiaton for the remuneration for the members of the board of directors.

Composition and independence of the board of directors
The composition of the board of directors is designed to protect the common interests of the shareholders and the Company’s need for expertise, capacity and diversity. The board of directors shall be composed in such a way that it can act independently of special interests. Executive staff, and material business contacts and at least two of the members elected by the shareholders shall be independent of the Company’s main shareholders.
Members of the board of directors shall be elected for a period of two years at a time.

The work of the board of directors
The board of directors has the overall responsibility for the management of the Company. The chief executive shall be elected by the board of directors and shall have a duty to report to the board. A separate set of instructions for the board of directors defines the cases to be considered by the board of directors and its areas of responsibility, along with the responsibilities of the chief executive.

Risk management and internal controls
Efficient management focusing on risk and good internal controls is an overarching criterion for the success of NRS and forms an integrated part of its business operations. The ability to plan, structure, implement and evaluate projects is an important part of the business. The Company is governed according to set financial targets. Reporting takes place on a monthly basis and includes both financial and non-financial parameters. Focus is on profitability and risk linked to each area of business. Emphasis is placed on following up results, and focus is directed towards measures in areas that are not achieving the desired level of growth. The aim of risk management and internal controls is to handle risks linked to the business and to improve the quality of financial reporting. Effective risk management and internal controls help protect the shareholders’ investments and the Company’s assets. The board of directors believes NRS has effective internal controls and a level of risk management appropriate to the business.

Remuneration of the board of directors
Remuneration of the board of directors shall reflect the board’s responsibilities, expertise and time use, as well as the complexity of the business. Remuneration shall not be linked to financial results. Options shall not be issued to members of the board of directors. Remuneration shall be set by the general meeting based on recommendiation of the nomination committee. Further information about remuneration of the board of directors is given in the notes to the annual accounts.

Remuneration of executive staff
Remuneration of the chief executive shall be set by the board of directors. The remuneration comprises a fixed salary and a variable part (bonus), which is dependent on achieving set goals.

Information and communication
NRS shall ensure that all shareholders receive accurate, clear, relevant and timely information concerning all matters of financial importance to the shareholders. Financial information is published on NRS’ website and in press releases. The annual report and quarterly reports are published in both Norwegian and English.

Takeovers
In the event of a takeover bid, the board of directors shall not seek to prevent or obstruct such a bid being made for the Company’s business or shares, unless there are particular grounds for doing so. If a bid is made for the Company’s shares, the board of directors shall issue a statement with an assessment of the bid and a recommendation as to whether or not shareholders should accept it. The board of directors’ statement will specify whether the assessment was unanimous.

Auditor
The auditor shall participate in board meetings at which the annual accounts are being discussed. Each year the auditor shall present a main outline of the auditing of the Company to the board of directors.


Board
Management
  • Helge Gåsø

    (1961), Chair

    Helge Gåsø has extensive experience of the build-up, operation and development of fish farming businesses. He took part in building up Frøya Fiskeindustri, subsequently Hydro Seafood and Midnor Havbruk. He resides Hamarvik, Frøya in Norway.

  • Kristine Landmark

    (1954), Vice Chair

    Kristine Landmark holds a Master degree in Economics and Business Administration from the Norwegian School of Economics and Business Administration (NHH). She is the CEO of Slettvoll Møbler AS. She has extensive experience from the Stokke Group, where she was employed in the period 1989-2010, and served as CEO in the period 2004-2010. Ms. Landmark holds a number of directorships. She resides in Ålesund Norway.


  • Lars Måsøval

    (1979), Board member

    Lars Måsøval is educated within aquaculture. He has extensive experience from the fish farming industry through various positions in his family-owned business. He is the Chair of the Board and one of the main shareholders of the Måsøval Group, which has its own hatchery and operate nine fish farming licenses. He resides on Frøya, Norway.

  • Marianne E. Johnsen

    (1963), Board member

    Marianne E. Johnsen graduated as a lawyer from University of Oslo before obtaining an MBA from Solvay Business School in Brussels. She is the founder and managing partner of X-lence Group AS, a management consulting and investment company. She has extensive experience from international executive positions, from among others Elkem, and holds a number of directorships in publicly listed companies. She resides in Oslo Norway.

  • Jon Hindar

    Board member

    Jon Hindar holds a MSc in Chemical Engineering (NTNU) and has Management Education from IMD Lausanne. He has held executive positions in several major companies and has been CEO in Cermaq, Norsun and Biotech AS. He holds and has held a number of directorships in larger companies.

  • Trude Olafsen

    (1963), Board member

    Trude Olafsen is graduated Cand. Agric. within aquaculture from the Norwegian University of Life Sciences. She is employed in AKVA Group with the responsibility for business development. She has worked in various organizations in the seafood industry and within research/consulting, in addition to have held several elected positions in the industry. She resides in Trondheim, Norway.

  • Charles Høstlund

    (1975), CEO

    Charles Høstlund has a Master’s degree in fish health from the Norwegian College of Fishery Science and a MBA in Financial control and management from the Norwegian School of Economics. He has previously worked as Regional Director of Marine Harvest Norway Northern Region. He joined Norway Royal Salmon in september 2014. He resides in Drøbak, Norway.

  • Ola Loe

    (1966), CFO

    Ola Loe is a Certified Public Accountant from the Norwegian School of Economics and Business Administration (NHH). Prior to joining Norway Royal Salmon in 2009, he worked as a senior manager at KPMG and as group auditor for Cermaq, Norway Pelagic, Fjord Seafood and Midnor Group. Mr. Loe is a Norwegian citizen and resides in Trondheim, Norway.

  • Klaus Hatlebrekke

    (1974), COO Markets and Business Development

    Mr. Hatlebrekke has during the past ten years been working as an analyst of the seafood sector at DNB Markets. Mr. Hatlebrekke holds a Master degree in Business and Economics from Norwegian School of Management. He joined NRS in April 2012 and resides in Trondheim, Norway.

  • John Gunnar Grindskar

    (1970), COO Farming


Election Committee
  • Endre Glastad

    Leader, e-mail: endre@glastad.no


  • Karl Olaf Jørgensen

    Member


  • Anne Breiby

    Member


1. Introducción

1.1 Este Código de Conducta ("Directrices") ha sido adoptado por la Junta de Norway Royal Salmon ASA ("Empresa").

1.2 El objetivo de las Directrices es crear una cultura corporativa sana y preservar la integridad de la Empresa ayudando a los empleados a establecer un alto estándar de conducta empresarial. Por otra parte, las Directrices pretenden ser una herramienta de autoevaluación y desarrollo de la identidad de la Empresa.

1.3 Las Directrices se aplican a todas las entidades controladas por la Empresa, así como a todos los empleados y directivos de la Empresa (denominados colectivamente "Empleados"). Todos los Empleados deberán leer y comprender las Directrices. Se anima a los Empleados a formular preguntas relativas a la aplicación de las Directrices. Dichas preguntas se pueden dirigir al supervisor inmediato del individuo, a un miembro de la alta dirección de la Empresa o a un miembro de la Junta Directiva ("Junta").

1.4 Cada Empleado tiene la responsabilidad final de cumplir con las Directrices. Cada gerente también será responsable de hacer cumplir las Directrices aplicables a los Empleados y las operaciones del área de responsabilidad del gerente.

1.5  Cualquier violación de las Directrices será motivo de medidas disciplinarias, incluyendo la terminación, si fuera necesario.

2. Ética


2.1 Las Directrices de la Empresa requieren que los Empleados cumplan con altos estándares éticos en el nivel de negocios y personal en el desempeño de sus funciones para la Empresa. Los Empleados deberán actuar con honestidad y mostrar integridad hacia otros Empleados, socios comerciales y clientes, el público en general, el comercio, los accionistas, los proveedores, los competidores y las autoridades gubernamentales.

2.2 Cuando actúen en representación de la Empresa, los Empleados no deberán tratar de lograr una ventaja indebida mediante manipulación, secretos, uso indebido de información privilegiada, tergiversación de hechos importantes u otros métodos desleales.

2.3 Las Directrices de la Empresa prohíben la discriminación ilegal contra los Empleados, accionistas, miembros de la Junta, clientes y proveedores por razones de etnia u origen nacional, edad, sexo o religión. Todas las personas deberán ser tratadas con dignidad y respeto, y no deberán ser molestadas indebidamente en el ejercicio de sus funciones y tareas.

2.4 Los Empleados, por lealtad a la Empresa o por el deseo de obtener beneficios para ella, no deberán incumplir ninguna ley aplicable ni las normas y directrices internas de la Empresa.

3. Reglas de Conducta


3.1  Valores de la Empresa

3.1.1 La Empresa cree firmemente en que se logran mejores resultados para las empresas y para la comunidad local, cuando las empresas cuentan con participación, toma de decisiones y propiedad a nivel local.

3.1.2 La Empresa se esfuerza por ser un socio fiable a través de buenas operaciones comerciales, una estricta disciplina, la priorización de soluciones de calidad, equipos predecibles y un alto grado de servicio.

3.1.3 La Empresa adoptará un enfoque dinámico en todas las áreas de negocio. Esto significa que la Empresa cumplirá con sus obligaciones en el menor tiempo posible, tomará decisiones con rapidez, pero al mismo tiempo basándose en hechos, aceptará los cambios, hará frente a los nuevos retos y también será proactiva.

3.1.4  La Empresa deberá aprovechar y desarrollar habilidades en la producción, el desarrollo de productos y la gestión, donde la profesionalidad y las mejores prácticas serán factores clave.

3.2 Normativa y Legislación

3.2.1 La Empresa deberá cumplir con todas las leyes y reglamentos relacionados con su negocio. Es responsabilidad personal de los Empleados respetar todas las reglas y restricciones impuestas por dichas leyes y reglamentos.

3.3 Salud, medio ambiente y seguridad

3.3.1 Las actividades de la Empresa se llevarán a cabo de manera que se proteja la salud y la seguridad de los Empleados, los clientes, el público y el medio ambiente de conformidad con las leyes y reglamentos aplicables en materia de salud, seguridad y medio ambiente, y de manera que se proteja el medio ambiente y el personal y los activos de la Empresa. Todos los Empleados deberán actuar de acuerdo con estas directrices. Se deberá informar inmediatamente de las desviaciones o posibles desviaciones que se produzcan con respecto a las directrices.

3.3.2 La Empresa será un lugar de trabajo profesional y positivo que ofrezca un ambiente de trabajo inclusivo.

3.3.3 Todos los Empleados deberán contribuir a crear un ambiente de trabajo libre de discriminación por motivos de religión, color de la piel, sexo, orientación sexual, edad, nacionalidad, raza y discapacidad.

3.3.4 La Empresa no acepta comportamientos que puedan percibirse como degradantes o amenazantes.

3.4 Relación con clientes, proveedores y competidores

3.4.1 Los clientes deberán tratarse con conocimiento, respeto y comprensión.

3.4.2 Los proveedores deberán tratarse de manera honesta y profesional.

3.4.3 La Empresa desea una competencia justa y abierta en todos los mercados, tanto a nivel nacional como internacional. Bajo ninguna circunstancia la Empresa ni ninguno de sus Empleados participará en actos contrarios a las leyes de competencia aplicables. Los Empleados que tengan preguntas con respecto a los posibles efectos antimonopolio de ciertas transacciones, o que sospechen infracciones de la legislación antimonopolio, deberán consultar con su superior inmediato, la alta dirección o la Junta.

3.4.4 La Empresa se opone firmemente a toda forma de corrupción (soborno, etc.). Ningún empleado de la Empresa deberá directa o indirectamente ofrecer, prometer, dar o recibir sobornos, regalos ilegales o inapropiados u otra ventaja indebida o remuneraciones para lograr negocios u otros beneficios personales.

3.5 Blanqueo de capitales

3.5.1 La Empresa se opone firmemente a toda forma de blanqueo de capitales. La Empresa tomará las medidas necesarias para impedir que las operaciones financieras que realiza sean utilizadas por otros para blanquear dinero. Los Empleados que sospechen violaciones de la legislación vigente relativa a blanqueo de capitales deberán consultar con su superior inmediato, la alta dirección o la Junta.

3.6  Lealtad y conflicto de intereses

3.6.1 La Empresa requiere de la lealtad de sus Empleados y que se abstengan de acciones o de intereses que les dificulte llevar a cabo su trabajo de manera objetiva y eficaz.

3.6.2 Los Empleados deberán informar a su superior inmediato, la alta dirección o la Junta sobre las situaciones en las que tengan un interés directo o indirecto sustancial en una operación u otros asuntos que afecten a la Empresa.

3.6.3 Los conflictos de intereses deben evitarse. Si se produjera un conflicto de intereses, el Empleado afectado deberá evaluar la situación y notificar a su superior inmediato sobre su parcialidad o conflicto de intereses. Las situaciones que impliquen conflictos de intereses pueden afectar, pero sin limitarse necesariamente a, clientes, proveedores, empleados actuales o futuros, competidores u otras conexiones.

3.6.4 Los Empleados tienen el deber de promover los intereses legítimos de la Empresa cuando tengan oportunidad de ello. Los Empleados no podrán beneficiarse personalmente de las oportunidades que descubran mediante el uso de propiedades o información de la empresa ni en su puesto en la empresa.

3.7  Confidencialidad

3.7.1  Es importante que los Empleados respeten la confidencialidad con respecto a la información relacionada con la Empresa. Los Empleados tienen a menudo acceso a información privada y confidencial sobre operaciones, clientes y proveedores de la Empresa. En la información de protección de la privacidad se incluye información no pública acerca de los negocios, los resultados y perspectivas financieras de la Empresa, así como las posibles operaciones corporativas. Los Empleados deberán mantener la confidencialidad con respecto a dicha información tanto durante como después de la relación laboral, y no podrán utilizar, divulgar ni comunicar información confidencial, a menos que ello se lleve a cabo en el ejercicio del puesto de los Empleados. Puede tener graves consecuencias para la Empresa y para el empleado en cuestión si se transmite sin permiso información confidencial o reservada.

3.7.2 El tratamiento de datos personales de la Empresa deberá realizarse con la vigilancia y el conocimiento que se requieran de conformidad con las leyes y reglamentos, y que sean relevantes para la información que pueda ser sensible, sin importar si la información es sobre clientes, empleados u otras personas. El tratamiento de datos personales debe limitarse a lo estrictamente necesario para fines comerciales, una atención al cliente eficiente, actividades comerciales relevantes y para una correcta gestión de personal.

3.8 Uso adecuado de los activos de la Empresa
Los activos de la Empresa solo deberán utilizarse para fines comerciales legítimos y únicamente por parte de Empleados con autoridad o personas designadas por ellos. Esto es aplicable a los activos tangibles (como, por ejemplo, equipos de oficina, teléfonos, fotocopiadoras, etc.) y los activos intangibles (como, por ejemplo, secretos comerciales e información confidencial). Los Empleados son responsables de proteger los activos de la Empresa contra robo y pérdida, así como de garantizar que se utilicen de manera eficaz. El robo, los descuidos y el desperdicio tienen un impacto directo en la rentabilidad de la Empresa. Si un empleado tiene conocimiento de casos de robo, desperdicio o mal uso de los activos de la Empresa, deberá informar de ello a su supervisor o a un miembro de la Junta.

3.9  Drogas y alcohol

Las directrices de la Empresa prohíben el uso ilegal, la venta, la compra, la transferencia, la posesión o el consumo de sustancias controladas en las instalaciones de la Empresa, con la excepción del uso medicinal con prescripción. Las directrices de la Empresa también prohíben a los Empleados usar, vender, comprar, transferir o poseer bebidas alcohólicas en las instalaciones de la Empresa, salvo que se cuente con la autorización de la Empresa. De acuerdo con estas directrices, la Empresa deberá cumplir con las leyes y regulaciones aplicables relativas al uso de alcohol u otras sustancias controladas.

3.10 Comunicaciones externas

Solamente los Empleados especialmente designados están autorizados para hablar sobre la Empresa con los medios de comunicación, analistas e inversores. Todas las consultas procedentes de las autoridades de control o los representantes del gobierno deberán remitirse al gerente que corresponda. Los Empleados que estén en contacto con los medios de comunicación en su trabajo, no deberán hacer comentarios sobre rumores o especulaciones acerca de las actividades de la Empresa.

3.11 Negociación de valores

3.11.1  Los Empleados y los miembros de su familia no deberán comprar ni vender acciones u otros valores, ni asesorar en la negociación de valores sobre la base de información privilegiada en relación con dichos valores, incluyendo acciones de la Empresa y acciones de las empresas que sean clientes, proveedores o socios de la Empresa.

3.11.2  "Información privilegiada" es información que puede afectar significativamente al precio de las acciones de la Empresa o las acciones de otras empresas cotizadas. Si no está seguro de si está en posesión de información privilegiada, deberá ponerse en contacto con su superior inmediato o con el representante de la Empresa encargado de los asuntos relacionados con información privilegiada. También se puede solicitar el asesoramiento de un abogado.

3.11.3  Los miembros de la Junta y la alta dirección, así como algunas otras personas, están sujetos a requisitos adicionales bajo las normas de la Empresa sobre el uso de información privilegiada.

3.12  Integridad de los documentos de la Empresa

3.12.1  Todos los documentos de negocios, cuentas de gastos, comprobantes, facturas, nóminas, registros de servicio, informes a organismos gubernamentales y otros informes deberán reflejar la situación real.

3.13  La contabilidad de la Empresa deberá mantenerse con vigilancia y honestidad, y deberá reflejar con precisión las transacciones de la Empresa. Todos los activos deberán registrarse de acuerdo con los procedimientos aprobados de la Empresa. No deberán crearse activos ni fondos ocultos o no reconocidos para ningún propósito.

3.14 El personal de contabilidad de la Empresa deberá proporcionar a sus auditores externos o a la Junta toda la información que soliciten. Ningún Empleado deberá él mismo realizar ni ordenar ni permitir que otros lleven a cabo acciones con la intención de influir de forma deshonesta, coaccionar, manipular o engañar a los auditores externos de la Empresa que formen parte de la auditoría o el control de las cuentas de la Empresa, ni dejar de corregir cuentas o documentos contables significativamente erróneos o engañosos con el fin de lograr cuentas considerablemente engañosas.

4. Informe de violaciones de normas


Los Empleados que sean testigos o que tengan conocimiento de una situación que sospechen que supone una violación de las directrices, estarán obligados a notificarlo a su superior inmediato, la alta dirección o la Junta, a menos que las Directrices indiquen lo contrario. Las violaciones de normas en las que esté involucrado un gerente deberán notificarse directamente a un miembro de la Junta. Cuando un gerente recibe una notificación sobre violaciones de las Directrices, el gerente es responsable de tratar el asunto en consulta con un miembro de la Junta. Si un Empleado que ha informado de una violación de las Directrices desea permanecer en el anonimato, se hará todo lo que razonablemente podría esperarse para que la identidad de dicho Empleado siga siendo confidencial. Todas las notificaciones deberán tomarse en serio. Asimismo, los informes sobre violaciones de las Directrices deberán investigarse más de cerca, si fuera necesario. La Empresa no tomará ni permitirá que se tomen represalias contra un Empleado que haya informado sobre una situación de buena fe.