Kitron wants to maintain good communication with its shareholders and other stakeholders. The information practice is based on openness and will help to ensure that Kitron’s shareholders and other stakeholders are able to make a realistic assessment of the company and its prospects. Guidelines have been established to ensure a flow of relevant and reliable financial and other information.

The Group endeavours to ensure that all shareholders have access to the same information. Kitron complies with Oslo Børs’ Code of Practice for IR, dated 1 March 2021.

All information distributed to the shareholders is published on Kitron’s website (www.kitron.com) at the same time as it is sent to the shareholders. Furthermore, all announcements to the market are posted on Kitron’s website following publication in Oslo Børs’ company disclosure system newsweb.oslobors.no, ticker: KIT.

Public webcast presentations are held quarterly in connection with the interim reporting. Kitron presents a financial calendar every year with dates for important events. Kitron’s guidelines for reporting of financial and other information, as well as guidelines for the company’s contact with shareholders, other than through the general meeting, are presented in the shareholder information section in the annual report.

Kitron operates in accordance with a set of financial targets established by the Board of Directors. These targets govern the Group’s operations within the financial year. The targets which Kitron give annual guiding on are:

• Revenue;
• EBIT.

The aim is to communicate the targets for the financial year in connection with either the Capital Markets Day in December, the fourth quarter, the annual report, or later, as soon as they are approved by the Board of Directors.

Kitron emphasises that the target by their very nature, necessarily involves assumptions and uncertainty.