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Hydro has been in dialogue with the unions through the fall of 2021 regarding employee democracy in a wider context and as part of this dialogue has agreed with the unions that the Corporate Assembly shall be discontinued.

The agreement will be subject to the Annual General Meeting’s approval in May. The dissolution of the Corporate Assembly will be effective as of such approval.

If the agreement is approved by the Annual General Meeting, the number of employee representatives on the Board of Directors of Norsk Hydro ASA will be increased from three to four representatives.


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