Aker ASA integrity channel

We have established an integrity channel where employees and others can report their knowledge of, or suspicion of, unacceptable behavior or matters worthy of criticism and that are in violation with Aker ASA's ethical guidelines.

Employees are encouraged to first discuss any compliance matters internally with their immediate supervisor or a senior management member. Such concerns can also be raised with an employee representative on the Board of Directors. If such measures are not deemed to be sufficient, incidents may be reported through the integrity channel.

Reports received through the integrity channel will initially be received and handled by an independent third party; the advisory and audit firm KPMG. KPMG is dedicated to maintaining high ethical standards and will handle all submissions with confidentiality. Aker ASA’s General Counsel, Charlotte Håkonsen, is responsible for the handling of raised concerns within Aker.

There are three possible ways to report a concern:

By choosing one of the reporting options above, the person raising the concern may remain anonymous. However, conducting an investigation and other follow up activities is more likely to be successful if the person reporting reveals his/her identity. The person raising a concern may also remain anonymous towards Aker, giving his/her identity to KPMG only.

After processing the reported concern, KPMG will make an initial report to Aker ASA’s Compliance Officer who will then assess the report. If the report is in the nature of an allegation that requires investigation, an investigation team will be assembled under the supervision of the Chairman of the Audit Committee.

Unless the person reporting the concern has chosen to remain anonymous to all parties, he/she shall receive a case response within a reasonable time. All incidents logged are formally closed by the Audit Committee.