Diversity

Management has adopted a policy of increasing the share of women at other managerial levels in the Group. In drawing up this policy, Management took into consideration that the limited size of the organization and its division into units operating in different countries with relatively few employees in each country mean that the Group is largely compelled to focus on knowledge, competencies and experience when recruiting and promoting employees.

The policy comprises the following key elements:

• TK Development acknowledges the importance of the diversity of the Company’s staff.
• The Company must provide equal opportunities to both genders when recruiting and promoting employees.
• As far as possible, the Company should strive to fill vacant positions internally before offering them externally.
• When recruiting employees for executive or mid-management positions, the Company strives to consider at least one female candidate.
• To enhance the employees’ level of competencies, the Company is in regular dialogue (at least once a year) with the individual employees. This dialogue forms the basis for the employee’s further education and supplementary personal/ professional development as well as discussions about career options.