13. Information and communications
Norwegian Code of Practise:
- The board of directors should establish guidelines for the company's reporting of financial and other information based on openness and taking into account the requirement for equal treatment of all participants in the securities market.
The company should publish an overview each year of the dates for major events such as its annual General Meeting, publication of interim reports, public presentations, dividend payment date if appropriate etc.
- All information distributed to the company's shareholders should be published on the company's web site at the same time as it is sent to shareholders.
- The board of directors should establish guidelines for the company's contact with shareholders other than through general meetings.
The Annual Report and accounts - interim reporting
The Group ordinarily presents provisional annual accounts in February. Complete accounts, the Directors’ Report and the Annual Report are sent to shareholders and other stakeholders in March/April. Beyond this, the Group presents its accounts on a quarterly basis. The Group's Financial Calendar is published on the Group's website and in the Annual Report. The Sustainability Report is an integral part of the Annual Report sent to all shareholders.
All shareholders are treated equally as a matter of course.
Other market information
Open investor presentations are conducted in connection with the Group's annual and quarterly reports. The CEO reviews the results and comments on products, markets and prospects for the future. The Group's Chief Financial Officer also participates in these presentations, as do other members of executive management from time to time.
The presentations of the annual and quarterly reports are available on the Group's website at the same time as the presentation. The annual and mid-year results are also presented through webcasts. Beyond this, the Group conducts an ongoing dialogue with and makes presentations to analysts and investors.
It is considered essential to keep owners and investors informed about the Group's progress and economic and financial status. Importance is also attached to ensuring that the information is identical and released simultaneously to the equity market. Care is taken to maintain an impartial distribution of information when dealing with shareholders and analysts.
The Group was awarded distinctions for Good Information and Good English by the Oslo Stock Exchange in 2004.
The Board of Directors has drawn up guidelines for the Group's contact with shareholders outside the General Meeting.