Asset Buyout Partners Annual Report 2020

The working environment and the employees ABP has 15 employees and the Board believes that the working environment is satisfactory. There have been no injuries, accidents or sick leave during 2020. The Parent Company has no employees. Equal opportunities ABP aims to be a workplace with equal opportunities and manage- ment has incorporated a policy that aims to prevent discrimination based on gender, religion or other circumstances. ABP intends to carry forward the implemented initiatives as described above regarding equal opportunities. ABP’s employees consist of twelve men and three women. The Board consists of three male and two female Board members. Environmental report In the Board’s opinion, the external environment is to a very limited extent directly affected by the Group’s activities. The Board encour- ages tenants to secure operations according to approved plans and government requirements. Market outlook The Company expects to see positive effects of a global vaccine roll-out, although it is anticipated that the Covid-19 pandemic will continue to adversely affect the global economy well into 2021. However, ABP experiences that tenants uphold operational measures to ensure business continuity and maintain activity levels into 2021, and further expects the Norwegian tax incentive scheme for the oil and gas industry to continue to support tenants’ existing business. Industry Body “Norsk Olje og Gass” now foresee robust NCS investments through 2025 with more than 90 discoveries relevant for development. ABP expects to complete additional acquisitions in 2021, further strengthening the Company’s strategic position as a leading indus- trial real estate and infrastructure company in Norwegian energy and maritime clusters. For further information, please see Note 22. Allocation of net income Asset Buyout Partners Invest AS net profit was NOK 0, and no allocation was needed. Oslo, 5 February 2021 The Board of Directors of Asset Buyout Partners Invest AS Widar Salbuvik Chairman of the board Egil Stokka Board member Kristin H. Holth Board member Christine Sagen Helgø Board member Ola Trygve Gjørtz Board member WilliamW. Wittusen Chief Executive Officer Asset Buyout Partners | Annual Report 2020 12