Equal treatment of shareholders and transactions with related parties

All shares in Statkraft AS are owned by the state-owned enterprise Statkraft SF, which in turn is wholly owned by the Ministry of Trade and Industry.

The Articles of Association of Statkraft SF and Statkraft AS ensure that transactions of material importance with respect to the objectives of the company or the nature of its business are referred to the state-owned enterprise, as the parent company. The current Norwegian government has resolved that Statkraft shall continue to be wholly state-owned and has expounded its principles for management of the state’s ownership in its Ownership Report.

See note 38 to the Group's financial statements for further information about related parties.