SECURING THE FUTURE WHO WE ARE WHAT WE DO NEWS AND EVENTS CAREER DOWNLOADS Executive summary - a new drive Ethics Compliance Environment People Society Global Reporting Initiative Archive CSR At Nammo, we are more focused than ever on promoting sustainable development and earning our daily license to operate. We promote sustainable development through business operations that strongly emphasize environmental, ethical and social considerations. We are committed to ensuring that human and labor rights, environmental considerations and the anti-corruption acts are followed and respected in the group’s business activities and by our suppliers. Nammo shall be characterized by its high ethical standards. We are an active contributor to the development of the societies where we are located. We are engaged in various activities like sports, science centers and cultural events that specially engage children and the youth. Close relationships with stakeholders like NGOs, authorities and local voluntary organizations are important to us, as can be seen through our role as an active player in the local community and industry. Human rights As a natural part of our business, we have developed and implemented values and policies for human rights, environment, labor standards and ethics. As of 2013, we have reported on progress. It is important that we act responsibly no matter where we do business. We strive to develop relationships with our stakeholders to increase awareness of sustainability and responsible behavior. All significant investement agreements include human right clauses in adherence to our ethical code of conduct. Our commitment is based on a greater awareness of corporate social responsibility; guided by our values of Dedication, Precision and Care. We pursue our strategic corporate social responsibility (CSR) work in line with the 10 principles of UN Global Compact, with a special focus on 3 elements: empowering women, fighting against corruption and the abolition of child labor. Sustainable reporting Nammo has used the Global Reporting Initiative (GRI) guidelines for sustainable reporting for seven years. After having reported at the B-level, transfer to GRI version G4, level “Core”, has been done in 2015. As part of this transfer we carried out a materiality analysis to identify the most important sustainability aspects for Nammo and its stakeholders. This included meetings and discussions with relevant management representatives responsible for sustainability issues like human resources, health and safety, environment, business ethics, and finance. In this process our knowledge about key stakeholders’ concerns and expectations were specifically emphasized. Our sustainability reporting reflects the result of this analysis and material aspects will appear from our GRI Index 2015 table. The table refers to where information about each of the reported GRI standard and specific disclosures is presented, whether it is fully or partly reported. For a complete description of the individual indicators, please see GRI's website (www.globalreporting.org). The report boundary is, in general, companies under control of Nammo AS. However, for some aspects, the information covers activities also outside this boundary, e.g. information about supply chain management and society related activities. Read more about: Ethics in Nammo NAMMO AS - Head Office Postal addr. P.O. Box 142, NO-2831 Raufoss, Norway Street addr. Enggata 37, NO-2830 Raufoss, Norway E-mail info@nammo.com Telephone Telefax +47 61 15 36 00 +47 61 15 36 20 Register of Business Enterprises: NO 979 984 731 MVA Copyright © Nammo AS 2014