We are committed to providing a safe and healthy working environment for all of our employees. Our policies, actions and targets address our IRO on health and safety, specifically covering the negative impact as a result of work-related accidents at our major manufacturing sites. We do not have a global health and safety policy, however all GN’s manufacturing sites have locally anchored health and safety (H&S) groups and/or more global-oriented Health, Safety, & Environment (HSE) committees.

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.