Corporate Governance
Corporate governance in Hermana
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 Board consists of Erik Sneve (chair), Torstein Sanness, and Hilde Ådland.
The Nomination Committee
The Nomination Committee evaluates annually the composition of the Board of Directors and the Nomination Committee and gives a recommendation to the General Meeting regarding election of members (when due) and remuneration of these governing bodies. The committee consists of Stian Folker Larsen (chair), Fredrik D. Sneve, and Gunerius Pettersen. 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.