GN has implemented several policies for managing material impacts related to its own workforce. As a member of the UN Global Compact since 2010, GN is committed to safeguarding human rights and labor rights principles in its own workforce. Accordingly, GN operations and business activities are guided by the UN guiding principles on Business and Human Rights, ILO Declaration on Fundamental Principles and Rights at Work and the OECD Guidelines for Multinational Enterprises. GN upholds human rights principles through the implementation of policies and procedures which prevent discrimination, harassment, advances diversity, and ensure fair and equal treatment of its workforce.

The unadjusted gender pay gap calculation is estimated based on hourly base salary on an aggregated organizational level, as we currently don’t have centralized data for all total remuneration components for all employees. The gender pay gap is calculated as the difference between average hourly base pay of male and female employees expressed as a percentage. All active employees during the calendar year are included in the calculation. We will work towards obtaining the data in a centralized system to include employee total remuneration in the calculations for future reporting periods. The total remuneration ratio includes the following components: base salary, allowances, variable pay components, long term incentives, pension, and benefits. The median total remuneration is calculated by identifying the median-paid employee and comparing this employee’s total remuneration with the highest paid individual, the CEO.