Disclosures related to the Norwegian Transparency Act

The Norwegian Government has introduced the Transparency Act (No. Åpenhetsloven) with effect from 1 July 2022.

The act requires enterprises to, among other, carry out due diligence on the preservation of human rights and decent working conditions by establishing appropriate policies and procedures and assessing the risk of adverse impacts linked to the enterprise's operations, products or services via their supply chain or business partners. Enterprises must publish annually an account on how due diligence was carried out, including material risks which have been identified and actual adverse events which have taken place during the reporting period. The accounts are to be published on the company's website. The first reporting deadline was 30 June 2023.

Cubera Private Equity falls within the scope of the Transparency Act, and Cubera's transparency accounts are provided below. For the 2022 reporting year, the accounts are provided as part of the Storebrand Group’s report. As of the 2023 reporting year, the transparency account is published as part of the management report in Cubera’s audited annual accounts. English translated versions are provided below.