Our focus areas - strategic framework and governance model

For Lerøy Seafood Group, maintaining a constant focus on areas where we have the greatest influence on sustainability is essential.

Based on a critical evaluation of the value chain and our processes, we have defined the following strategic and sustainability-related focus areas:

The Lerøy Way is our Lean-based business system for choosing the right priorities and solving them efficiently while managing risk. It focuses on understanding our current situation, defining targets, and continuously improving processes across the organisation. By aligning people, processes, and technology, we aim to deliver high quality, zero defects, and strong customer satisfaction—guided by our core values and commitment to safety and sustainability.

Strategy, Risk Assessment and Target Setting
The Group conducts an annual review of its strategy, targets and actions. Following a comprehensive revision in 2025, new targets and actions have been set for the 2026–2030 period. These are continuously followed up across the organisation and monitored at least monthly. The process is based on thorough analyses, including a Double Materiality Assessment (DMA).

Governing Documentation and Internal Control
Hierarchical documents ensure compliance and consistency, supported by Board-reviewed policies. Deviations are systematically reported and followed up through action plans and projects.

Continuous Review
KPI meetings across all organisational levels, together with the registration of deviations in the internal control system, enable continuous evaluation and improvement. This process is further supported by internal and external audits, which play a key role in generating action and project lists and strengthening the Group’s commitment to continuous improvement.

Projects and Action Lists
Strategic projects are implemented across all levels and monitored monthly. Action lists from continuous reviews are followed up to ensure progress and alignment with strategy.

Quality and sustainability policy

We depend on the ocean's bounty and rely on the sustainable management of its resources. This enables us to produce and sell quality seafood in the future. Through close cooperation with professional bodies, customers, and suppliers, we will deliver a safe working environment, high professional competence, the right quality, and sustainable solutions throughout the value chain.

Our values

The values of the Group are:

• Creative
• Honest
• Open
• Responsible