Havyard Vision & Values

VISION A N D VA L U E S

Havyard Group has emerged from being just a local shipyard in Leirvik, Norway to becoming an internationally recognized brand and corporation, delivering shipbuilding technology to customers around the world. The process has been demanding and constructive in which many people have contributed greatly towards the impressive development and solid results that we have generated.

The many small and innovative companies within Havyard have become one major group of four business areas. Expanding is a challenging experience, in particular in relation to keeping everyone highly motivated and working towards one common goal. In Havyard we care about making each other good.

I M P R OV I N G L I F E AT S E A Our vision is ambitious, demanding and motivating. With everyone working towards this vision we will create values for our customers, which will give us a great advantage in an industry with many talented competitors.

Demanding customers and talented competitors are crucial for us to succeed. It is therefore essential that everyone keeps this vision in mind, in everything we do. Havyard`s own managers have a particular responsibility in making sure that everyone knows our vision, goals and values, and to keep on motivating their co-

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workers to create results. You will recognize a Havyard manager by these mutual features: • Management in Havyard happens within the framework of our vision and values • Management in Havyard means to establish ambitious goals and to create results through others • Managers of Havyard involve and motivate • Managers of Havyard will be assessed based on; o o

The development of co-workers Achieved improvements within their own field of responsibility

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Cooperation and the ability to see the entirety of the value chain

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Achieved financial results

I expect this folder to make us aware of what we strive towards and what we take sight at in Havyard. By working towards reaching mutual goals we continue to build a culture of winners, which results in satisfied customers who prefer to work with us.

GEIR JOHAN BAKKE President & CEO, Havyard Group AS

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OUR VISION

W H Y H AV E A V I S I O N ?

Our vision gives direction and energy for the people working in Havyard. Our vision expresses a level of ambition in how we wish to be perceived. Our vision is also important in order to create a belief in change and that we can compete amongst the best.

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WHAT DOES THE VISION MEAN TO US?

Our vision shall motivate us to improve everyday life of everyone involved in the operation of vessels of a Havyard design, as well as vessels with Havyard equipment on board, whether these are shipowners, charterers, crew, onshore employees or others.

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O U R VA L U E S

› Inspire and motivate each other › Be positive and proactive › Communicate with each other › Make each other better › Focus on well-being, respect and care › Commitment towards environment and society

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T H E H AV YA R D C U LT U R E

› We can › We will

› We dare to › We work together › We deliver according to agreed quality, time and cost

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HSE VISION

Havyard shall be world leading in Health, Safety and Environment (HSE). Everyone in Havyard shall focus on: › reducing the risk of injuries on individuals, the environment and equipment › reducing absence due to illness › develop business partners › meet customers` demands and expectations

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Photo: Marius Beck Dahle Havila

H A V YA R D G R O U P A S P.b. 215 6099 Fosnavaag, Norway Phone: +47 70 08 45 50 www.havyard.com