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Sustainable value creation

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Appendix

Appendix

It is with pleasure that I present the Olav Thon Group's eighth sustainability report, which has been prepared to systematise and make visible the Olav Thon Group's work on sustainable development.

The Olav Thon Group has since 2012 participated in the UN initiative Global Compact. This is the world's largest initiative for corporate social responsibility and is based on ten principles in the areas of human rights, labour rights, the environment and anti-corruption. Our affiliation with the Global Compact is based on a desire to do our best to run the business in line with these principles.

In December 2013, I established the Olav Thon Foundation and transferred ownership of the Olav Thon Group to it. The objective of the foundation is to provide stable and long-term ownership of Olav Thon Gruppen AS and its underlying businesses, as well as donate funds to charitable causes. Ensuring a continued overall development of the Olav Thon Group, at the same time as part of the results the company creates are donated to various charitable causes, will hopefully be a long-term, sustainable move - both for the company, its employees and society in general.

Happy reading!

Olav Thon

Chairman

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