2.1 Compliance with laws and regulations
Employees and board members shall comply with international, public and locally applicable laws and regulations in all their activities for Insula and its subsidiaries. In addition, employees and board members shall also comply with Insulas internal guidelines and those of the individual company.

In the event of a discrepancy between the relevant laws and rules and Insula's code of conduct or other guidelines, the strictest rule shall apply.

2.2 Acting with integrity
Employees and board members shall act correctly and with integrity towards each other and in their representation of Insula.

Personal integrity means "doing the right thing", even if no one is watching. We shall always be honest, truthful and reliable.

2.3 Acting in Insula's interests
Employees and board members shall be loyal towards Insula and work for the best interests of the group.

By loyalty is meant prioritising Insula's interests ahead of other interests, within the framework of the law and Insula's guidelines. We shall always exercise our best judgement to increase Insula's value creation, protect Insula's interests and contribute to continuous improvement.

2.4 Respecting people
Insula shall promote a corporate culture that is characterised by respect and consideration for other people and their property. We shall act in a manner that inspires trust in collaboration with colleagues and in interaction with suppliers, customers, other business contacts, the authorities and other stakeholders. We do not speak negatively about them in public settings or on social media when this can be linked to Insula or its subsidiaries.

No form of trafficking, forced labour, wage slavery or involuntary work shall occur. Insula believes that children should be protected from economic exploitation and work that could harm their development and well-being. To the extent that our companies employ people under the age of eighteen, the employment relationship shall comply with national laws that protect the child's safety, health, development and right of schooling. Employment of children aged 13 to 15 years shall be done according to separate guidelines based on ILO Convention C138.

All forms of human rights violations and poor working conditions are unacceptable. All employees can report suspected wrongdoings and irregularities anonymously through established whistleblowing channels.

All business activities shall consider human rights aspects and seek additional input when in doubt. All violations on human rights, actual or potential negative impacts on people shall be reported and Insula shall do its most to remediate identified negative impact caused or related to our business activities.

2.5 Protecting the environment
Insula acknowledges that the basis for our existence is access to raw materials from the sea, and we therefore have a responsibility, and it is in our own interests to contribute to proper and sustainable environmental management. Our primary duty to protect the sea, ensure future access to raw materials and biological diversity, is to use raw materials from sustainable stocks to the greatest extent possible.

We are also aware of the ongoing climate changes and our collective responsibility to mitigate that in preventing and/or reducing greenhouse gas emissions. Insula will do our part to contribute to the Paris agreement.

Employees shall strive to minimise the environmental and climate footprint from our operations through awareness and compliance with relevant local and internationally recognised environmental standards, and work with continuous improvements for the environment.

All business activities upstream as well as downstream shall take environmental considerations into account.

A circular economy and efficient use of resources is material for the future wellbeing of our planet. We strive to use as much as possible of the fish, and to the highest value possible, to sort the waste from our operations and to use recyclable material when possible and safe for our products.

Insula shall, when relevant, ensure that suppliers of animal products ensure good animal welfare, particularly a good fish welfare.