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Corporate governance

Odfjell Drilling Ltd has adopted a corporate governance regime with reference to the Norwegian Code of Practice for Corporate Governance dated 23 October 2012 (the “Corporate Governance Code”). The objective of the Corporate Governance Code is that companies listed on Norwegian regulated markets shall practice corporate governance that regulates the division of roles between shareholders, the board of directors and executive management more comprehensively than is required by legislation. Good corporate governance will strengthen confidence in companies and help to ensure the greatest possible value creation over time in the best interests of shareholders, employees and other stakeholders.

Odfjell Drilling Ltd annually publishes a corporate governance report describing the company’s compliance with the Corporate Governance Code. Please refer to the Annual report under Financial reports section.