Speaking up in Aker Energy

Aker Energy 7320

Aker Energy believes that openness and good communication throughout the organization ensures a good business practice and promotes a better work culture. We therefore have established a Whistleblower channel that makes it possible for employees and third parties to report concerns about possible illegal actions and breaches of Aker Energy’s Code of Conduct.

The definition of concerns in this context includes any violation of applicable laws and regulations applicable in Norway and the countries where Aker Energy operates. It also includes violations of any of the ethical commitments included in the Code of Conduct in areas such as environment, human and labor rights, equality and diversity, health and safety, business ethics and anti-corruption, conflict of interest and professional behavior.

Examples of breaches include, but are not limited to:

Suspicion of fraud, corruption and accounting offenses

Error reporting or manipulation of information

Harassment or bullying, discrimination and racism, poor working environment

Damage to the environment

All employees of Aker Energy have the right and responsibility to report concerns. Anyone reporting concerns can do so without fear of reprisals. The whistleblowing channel is also open to third parties.

How to report concerns?

Aker Energy encourages all employees to report and discuss issues of concern internally with their immediate manager or other persons in the company's management. However, if this is difficult or not possible, you may report directly to Aker Energy’s independent Whistleblower Channel managed by PwC. PwC committed to a high ethical standard and will handle all notifications confidentially.

There are three ways to contact the Whistleblower channel:

1. Fill out the form (external link)

2. Send an e-mail to no_whistleblowing.akerenergy@pwc.com

3. Send a letter and mail it to PricewaterhouseCoopers, Att. Marianne S. Pilgaard,

Postboks 748 Sentrum, N-0106 Oslo

Third parties are also welcome to use these channels to report issues of concern to Aker Energy.

The whistleblower decides what information is to be provided. However, to ensure sufficient information to be able to perform adequate follow-up actions, the reports should include as much details as possible and, if available, supporting evidence.

You may report anonymously, but when doing so you must be aware that the receiver may not give feedback. Furthermore, proper investigation may prove difficult if the information provided cannot be tested or verified and the investigator is unable to obtain further information from the whistleblower.

Ground principles for handling reports of concerns

Aker Energy's basic principles for handling reports are:

All reports are taken seriously

Fair, open and objective follow-up

Protection of anonymous whistleblowers

Confidentiality and information security

Whistleblowers in good faith will not be subject to reprisals

Non-anonymous whistleblowers will get timely feedback and information about the process

PwC will perform a preliminary evaluation and quality assurance of all notifications received through the Whistleblower channel before delivering an initial report to Director HR and Director Legal in Aker Energy. If the report reveals conditions that require investigation, an investigation team will be appointed.

Unless the whistleblower has chosen to remain anonymous, he/she shall receive sufficient information on the continuing process and outcomes within due time.

If you want more information regarding how reported issues of concerns are handled, you may read Procedures for handling reported issues of concerns here.

Protection of sources

The identity of the whistleblower shall not be disclosed, unless permission in writing has been obtained from the notifying party. The protection of identity shall also be taken into consideration during the initial evaluation and the subsequent risk assessment when scoping the investigation, hereunder the existing level of risk exposure without disclosing the name of the notifying party. All investigations will be conducted in a confidential manner, so that information will be disclosed only as needed to facilitate review of the investigation or otherwise as required by law.