Code of Conduct

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1.1 In general

The purpose of this Code of Conduct is to establish a set of common principles describing Austevoll Seafood ASA’s (hereinafter referred to as AUSS) commitment and requirements for compliance and ethical business practices and personal conduct.


This Code of Conduct applies to AUSS and all its subsidiaries (“the “Group”), hereunder all employees, directors, officers, hired personnel, consultants, company representatives and any person conducting work on behalf of or otherwise representing the Group (hereinafter referred to as AUSS Personnel).

AUSS support the International Bill of Human Rights, and the Core Conventions of International Labour Organization (ILO). AUSS further endorse the United Nations Guiding Principles on Business and Human Rights and the Transparency Act (Åpenhetsloven) based on the OECD Guidelines for Multinational Enterprises. AUSS is a member of the United Nations Global Compact.


All managers are responsible for ensuring that AUSS Personnel are familiar with relevant laws, regulations, guidelines and frameworks referred to herein. This also includes facilitating anonymous whistleblowing ref. part I item no. 5 in this document.


The individual employee is responsible for ensuring that they understand AUSS's Code of Conduct. This includes, as a minimum, developing a fundamental understanding of the requirements made in the Code of Conduct and an in-depth understanding of the parts of the Code of Conduct that are particularly relevant for the individual employee’s position.


Moreover, the individual employee must address concerns and queries regarding the company's Code of Conduct or possible breaches of the Code of Conduct. The individual employee must be familiar with the different channels via which he/she can address possible breaches.


Managers at all levels are assigned responsibility for acting as role models and ensuring that the employees understand and comply with the Code of Conduct. Managers and employees shall understand that business results are never more important than compliance with the company's Code of Conduct. The management must identify the possible risk of breaches of the company's Code of Conduct and take action to minimise such risk. In the event of a breach of the Code of Conduct, the individual manager must act quickly to resolve the detected breach and follow up on this with appropriate disciplinary reactions and correct reporting.


The individual employee is obliged to remain up to date of amendments to the Code of Conduct. The most recent version is always available on the Group's website:


As an employee of AUSS, you must comply with prevailing laws and regulations and carry out your duties in accordance with the requirements and standards which apply in AUSS.


A breach of the regulations may result in consequences for the employee. Relevant sanctions may be verbal or written warnings and curtailment of prevailing authorisations. Serious breaches of the regulations may result in discharge or dismissal.


A breach of regulations may also result in criminal liability both for the company and the employee, such as corruption or trading in influence.



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