Governance

Polarcus believes that focus on corporate governance is critical to its success and long-term growth.

 

 

The Company is committed to maintaining high standards of corporate governance. The governance structure of Polarcus is designed to be appropriate to shareholders’ expectations, to the size, business and the recent history of the Polarcus Group. It also is designed to adhere to the Norwegian Code of Practice for Corporate Governance at any time applicable (the “Code”), Cayman Islands law and practice and the Memorandum and Articles of Association of Polarcus.

 

 

Annual General Meeting

 

Polarcus encourages all of its shareholders to participate in the general meetings, the forum for shareholders to exercise their voting rights of the highest authority in the company. The annual general meeting is held as soon as practically possible after year-end results are published. Notice of the general meetings along with information on how to vote, either directly or via the appointment of a proxy, is sent to all shareholders in advance and also made available on the our website and via the Oslo Børs notification system at www.newsweb.no. Subsequent to the general meeting, Minutes are published on our investor relations pages and via the Oslo Børs notification system. An archive of Minutes from prior annual general meetings is also made available on these pages.

 

 

Policies & Guidelines

 

Polarcus’ objective is to create value for its shareholders. We believe that focus on effective corporate governance is vital to the success and long term growth of a company like ours, and is therefore a key concern for our board, management, and employees. This is reflected through the robust Policies and Guidelines presented in these pages, designed to adhere to the Norwegian Code of Practice for Corporate Governance at any time applicable (the “Code”), Cayman Islands law and practice, and the Memorandum and Articles of Association of Polarcus.

Committees

Nomination Committee

 

The current Nomination Committee of Polarcus consists of:

  • Mrs. Katherine Hall
  • Mr. Kristian Falnes
  • Mrs. Karen El-Tawil

The members of the nomination committee were approved by the 2016 Annual General Meeting.

Any proposals to the nomination committee can be submitted to investor.relations@polarcus.com 

 

 

Find the Terms of Reference for 
the Nomination Committee:

Auditors

 

    

Ernst & Young

Dronning Eufemias gate 6
P.O.Box 20, Oslo Atrium
N0051 Oslo
phone: +47 24 00 24 00
fax: +47 24 00 24 01