Corporate governance in Magnora
As a listed company on the Oslo Stock Exchange (Oslo Børs), the Company aims at conducting its business in accordance with the Norwegian Code of Practice for Corporate Governance of 14 October 2021 (the “Code of Practice”).
The Company is committed to high ethical standards in its business dealings to ensure that the integrity of its employees and the organization is maintained. Corporate social responsibility for the Company is an extension of the way the Company conducts its business and is described in the Code of Conduct.
The Board of Directors
The Board is ultimately responsible for administering the affairs and ensuring that the operations are organised and run in a satisfactory manner. The members of the Board are currently Torstein Sanness (chair), John Hamilton, and Hilde Ådland , all presented on the Team page of this website.
The Nomination Committee
The Nomination Committee evaluates annually the composition of the Board of Directors, and the committee and gives a recommendation to the General Meeting regarding election of members (when due) and remuneration of these governing bodies. The current members of the committee are Fredrik D. Sneve (chair), Gunerius Pettersen, and Stian Folker Larsen. The committee appreciates, by February each year, shareholders’ submission of candidates to the Board or the Nomination Committee, via the form on the Contact page of this website. Such inputs are considered by the committee in parallel with its dialogue with major shareholders and considerations of needed competence and relevant candidates.
Corporate
Governance
Magnora’s shares are listed on the Oslo Stock Exchange with ticker code MGN.
If you have any questions regarding your holding of Magnora shares, please contact our registrar:
Nordea Bank AB
Postboks 1166 Sentrum, 0107 Oslo
www.nordea.com
Contact person
E-mail: nis@nordea.com
Phone: +47 24011955