Fixed annual calendar and the main tasks

Dansk version

Responsibility Tasks Frequency
Management
Ensure the right Executive Management of the company Organisational audit, including succession planning, review of the compliance with Novo Nordisk Way of Management Annually at board meetings
Ensure the right organisation of the company Review of quality systems Annually at board meetings

 

Performance
Supervise the financial performance of the company Review of financial reports Monthly and quarterly circular
Evaluation of financial performance Quarterly at board meetings
Supervise Executive Management’s performance and integrity Review of performance against targets and financial expectations for full year Quarterly at board meetings

 

Strategy
Participate in the overall management of the company Strategy review of business development, including non-financial elements of sustainable development Annually at 3-4 days off- site board meeting, visiting key sites
Participate in determining the strategy for the company, and approve major business plans and decisions Approval of budget, including review against strategies Annually at board meetings