Corporate governance statement

The basis for the board of Statkraft's corporate governance work is the Norwegian Code of Practice for Corporate Governance.

The code has been applied to the extent permitted by the company's organisation and ownership. Non-compliances are attributable to the fact that Statkraft is not a publicly listed company and that the Norwegian state is the sole owner of the company, as well as restrictions contained in the Articles of Association. The non-compliances relate to non-discrimination of shareholders, tradability of shares, dividends and the annual general meeting.

Statkraft’s policy for corporate governance establishes the relationship between the company’s owner, board of directors and management.