Governance

Ocean ApS constantly strives to apply and adjust good corporate governance principles to multiple areas of the corporation.

 

The Board of Ocean ApS has developed corporate governance practices to fulfill its responsibility to OceanApS shareholders. By adopting corporate and committee guidelines, the Board of Directors ensures it has the necessary authority and procedures in place to oversee the work of senior management and to exercise independence in evaluating Ocean ApS’s business operations. The guidelines align the interests of management and directors with those of the shareholders of Ocean ApS.

 

All guidelines are subject to future refinement or changes as the Board of Directors may find necessary or advisable for Ocean ApS in order to achieve the above objectives. The composition and activities of Ocean ApS’s Board of Directors, the approach to public disclosure and the availability of ethics and business conduct resources for employees exemplifies our commitment to good corporate governance practices, including compliance with new standards.

 

Ocean ApS is an international holding company. It is not an operating company and its interests are currently located in Europe.