The Board of Directors (“the Board”) of Nekkar ASA is responsible for ensuring that the company is organised, managed and controlled in an appropriate and satisfactory manner in full compliance with applicable laws and regulations.
Compliance with generally accepted corporate governance guidelines is important because it contributes to:
The Board considers compliance with generally accepted corporate governance guidelines as an important prerequisite for long-term value creation. The company strives to ensure that its internal control mechanisms, organisation and management structures comply with good corporate governance principles
Nekkar ASA (“Nekkar” or the “Company”) seeks to comply with the Norwegian Code of Practice for Corporate Governance (the “Corporate Governance Code”), last revised on 14 October 2021, which is available at the Norwegian Corporate Governance Committee’s website NUES.no.
The principal purpose of the Corporate Governance Code is to ensure (i) that listed companies implement corporate governance that clarifies the respective roles of shareholders, the board of directors and executive management more comprehensively than what is required by legislation and (ii) effective management and control over activities with the aim of securing the greatest possible value creation over time in the best interest of companies, shareholders, employees and other parties concerned.
Corporate Governance Report
Each year, the Board of Nekkar prepares a corporate governance report that details compliance with the Corporate Governance Code, or explains any deviations from the code.
The latest corporate governance report can be found on pages 24-29 of Nekkar’s annual report.