The Company’s objective, as set out in § 3 of the Company’s articles of association (the “Articles of Association”), is “to offer products and services to the energy; offshore and oil services industry, and sectors directly or indirectly related to these, in addition to investments in and acquisitions of businesses, securities, financial instruments and other assets, and participating in other businesses, directly or indirectly linked to these”. The Board of Directors is of the opinion that the business objectives laid down in the Articles of Association provide predictability and direction for the Company’s business strategy and the activities that it may conduct, acquire or initiate. The Articles of Association is available at the Company’s website.