The Board of Lerøy Seafood Group ASA emphasises the importance of sound corporate governance, clearly defining the division of roles between shareholders, the Board, and Group management. The Board includes a dedicated member with specific responsibility for environmental and sustainability matters (ESG).

The Board of Lerøy Seafood Group ASA holds overall responsibility for sustainability across the Group.

Operational responsibility rests with the CEO. Sustainability-related matters are reviewed and approved by Group management before being submitted to the Audit Committee and the Board. The Head of ESG & Safety coordinates environmental and sustainability work across all Group companies, while responsibility for implementation is delegated to the Managing Director of each subsidiary.

Managers and employees at all organisational levels have sustainability-related objectives incorporated into their job descriptions. The company also applies a goal management approach in which sustainability targets are integrated. Achievement of these targets, together with role-specific objectives, forms part of the basis for bonus remuneration.

Entities included in sustainability reporting

The Group publishes audited consolidated financial statements. For a list of entities included in financial reporting, please refer to the Lerøy Annual Report 2025.

All reporting entities submit relevant ESG data through the Cemasys reporting system, which consolidates information at Group level. No adjustments are made for minority interests, as these are not considered material in this context. Any mergers or acquisitions are reflected in the reporting, with adjustments made as necessary to ensure completeness. The approach is consistent across all disclosures within this Standard and across material topics.

The ESG reporting scope includes entities where Lerøy holds more than 50% ownership.