The company’s Nomination Committee is composed and elected in accordance with Equinor’s Articles of Association.
The committee is independent of both the Board and the company’s management. The duties of the Nomination Committee are:
- to present a recommendation to the Annual General Meeting regarding the election of shareholder-elected members to the Corporate Assembly
- to present a recommendation to the Corporate Assembly regarding the election of shareholder-elected members to the Board of Directors
- to present a proposal for the remuneration of members of the Board of Directors and the Corporate Assembly.
Members of Equinor’s Nomination Committee are elected for a term of two years.
Annual General Meeting
The Annual General Meeting is the company’s supreme body. All shareholders who are registered in the Norwegian Central Securities Depository (VPS) will receive an invitation to the general meeting. They are entitled to submit proposals and vote, directly or by proxy. Shareholders may also cast their vote electronically in a period before the general meeting.
Corporate Audit is the independent control body of the company with responsibility for monitoring that the business is continuously subject to adequate management and control as well as operated in an efficient and appropriate manner.
Corporate Audit is responsible for all internal auditing within the Equinor group and also audits of partnerships, contracts counterparts and other entities dependent on contractual audit rights.