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3

By the end of 2010 the Board was comprised of 4 wom-

en and 5 men. The staff consisted of 14 women and 19

men. GRID-Arendal aims to be a workplace, that pro-

vides full gender equality.

GRID-Arendal has incorporated provisions, which are de-

signed to prevent discrimination with matters such as pay,

promotion and recruitment. The nature of the foundation’s

work provides opportunities to recruit equally. Annual staff

satisfaction surveys address gender related issues.

The Board concludes that GRID-Arendal’s activities are

consistent with its charter purposes and that it has a

competent staff for continuing operations and for plan-

ning further strategy-relevant operational activities in the

future. The financial statements are based on the as-

sumptions of continued operations as the Board consid-

ers no factors that indicate otherwise. The Board consid-

ers the financial statements to give a true and fair view of

assets and liabilities, financial position and results.

The Board would like to congratulate the staff and

the management for their outstanding performance in

2010. The positive financial results contribute to en-

suring the foundation is increasingly better equipped

for the future.

Arendal, 28 March 2011

Orheim

Eckerberg

Gilruth

Lein

Liedtke

Nygaard

Dahle

Beaudoin

Reinertsen

Olav Orheim

Chairman of the Board

Klaus Liedtke

Peter Gilruth

Øystein Dahle

Randi Eidsmo Reinertsen

Berit Lein

Peter Prokosch

Managing Director

Yannick Beaudoin

(staff representative)

Katarina Eckerberg

Kari Nygaard