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The employees have elected the following employee representatives to the Board of Directors of Norsk Hydro ASA, each with a personal deputy: Arve Baade (re-elected) Bjørn Petter Moxnes Torleif SandMargunn Sundve The election of the new employee representatives is subject to, and effective from, the Annual General Meeting’s approval of the agreement on discontinuation of the Corporate Assembly. The employee representatives are elected for a period of two years, until the next election of employee
Hydro's first quarter 2022 results will be released at 07:00 CET (01:00 AM EST, 06:00 GMT), on Tuesday, May 3, 2022. The quarterly report and presentation slides will be available on hydro.com at the same time. Presentation in Oslo Hydro will host an in-person presentation, in English, at its corporate headquarters at Drammensveien 260, Oslo, at 08:30 CET on Tuesday, May 3, 2022. The presentation, by President and CEO Hilde Merete Aasheim and CFO PĂĄl Kildemo, can also be seen on the webcast. To
Norsk Hydro ASA has a share-based Long-Term Incentive program (“LTI”) in the form of a maximum remuneration of 30 percent of the annual base salary, dependent on two equally weighted performance metrics for the President and CEO and the other members of the Corporate Management Board. The two performance measures are 1) Hydro’s three-year average adjusted RoaCE relative to Hydro’s adjusted RoaCE target and 2) Hydro’s 3-year Total Shareholder Return (TSR) relative to a basket of peers. The LTI pa