Transparency act

Organisation and areas of operation
Entec Evotec AS is a subsidiary of the Entec Group AS group and is located with its head office and production premises in Ulsteinvik, an office location in Tønsberg and a production unit in Gruža, Serbia.
The company is a supplier of fully integrated maritime handling equipment, and complete solutions including products and services for the aftermarket. We cooperate with suppliers and partners both nationally and internationally.
Entec Evotec AS operates in the following main market segments:
- Seismic and research
- Offshore / Subsea
- Fishery
- Aquaculture
- After Sales & Service

The company is divided into the following organizational areas: Product development, sales and marketing, project, purchasing, technical, production/assembly, service and aftermarket, in addition to finance, HR, quality and HSE. The department heads in the company report to the CEO. The CEO reports to the Chairman of the Board and to the Chairman of the Board of Entec Group AS. The Board consists of the Chairman of the Board and 3 board members, of which 2 are employee representatives.
Due diligence
The due diligence assessment in Entec Evotec AS is based on the OECD's model for due diligence for responsible business conduct:
Figure: Due diligence assessment process and support measures

Results from due diligence assessments
Entec Evotec AS carries out a risk assessment of its value chain based on the country of production of its subcontractors. We acknowledge that the company has the greatest influence for any impact, with suppliers with the largest volume and turnover.
In 2024 and early 2025, the company has sharpened its criteria in relation to the assessment of suppliers, to where there is the greatest need and potential for influence when it comes to implementing any measures. However, it must be emphasized that purchasing from countries with a higher risk of violations of fundamental human rights and decent working conditions in connection with the production of goods and the provision of services is assessed exceptionally.
Based on the due diligence assessment of the company, it has been revealed that there is a risk of negative consequences for fundamental human rights and decent working conditions in the supply chain, this is particularly linked to the production of electrical components. It has been identified that the greatest risk of potential negative impact is linked to suppliers with production in countries with a higher risk of violations of human rights.
Entec Evotec AS has undergone a comprehensive due diligence assessment in the process of acquiring the production location in Serbia. During this assessment there has not been uncovered any significant findings.
Guidelines and routines
Entec Group AS's Ethical Guidelines applies to all employees in the Group, including the subsidiaries, and shall form the basis for all professional practice, regardless of where one practices one's profession in the Group. Entec Evotec AS employees shall show respect for the nteraction between technology/professional practice and human values and contribute to openness about the consequences of technological/professiona solutions for society, the environment and the individual. A precautionary approach is sought to be used in all work.
Employees of Entec Evotec AS shall strive for honesty, openness and a correct and good conduct towards employees, customers, suppliers, competitors, business associates and authorities. The company and employees must ensure that they do not contribute to human rights violations and are aware of their social responsibility.
The Company recognizes its responsibility to promote and comply with fundamental human rights and decent working conditions in connection with the production of goods and the provision of services.
The Supplier Conduct Principles have been establishedto ensure safe working conditions throughout Entec Evotec AS's supply chain,and to ensure that workers are treated with respect and dignity, impartially and fairly, that business operations are environmentally sound, and that business operations are conducted in accordance with internationally recognized principles and relevant international conventions (including the UN Global Compact, ILO conventions, OECD Guidelines for Multinational Enterprises, The UN Guiding Principles on Business and Human Rights, and the UN Conventions on the Rights of the Child). Entec Evotec AS expects all its suppliers to act in accordance with the Supplier Conduct Principles and obtains written confirmation of this.
Entec Evotec AS conducts an annual due diligence assessment of its value chain to map, prevent, mitigate, and account for actual and potential negative consequences of its own operations, supply chain and the activities of its business associates.
In the due diligence assessment, the following topics are assessed:
- Human rights
- Employment and industrial relations
- Environmental protection
- Anti-bribery, bribery offers and extortion
- Consumerinterests
- Disclosureof information
Entec Evotec AS maps its suppliers and business associates, and conducts ongoing assessments related to risk, which apply to fundamental human rights, decent working conditions, sustainability and the environment to ensure good working conditions and environmental focus in the value chain.
Measures taken to stop or limit risk
To minimize any negative impact, Entec Evotec AS is close to partners, suppliers and customers during company visits and supplier audits, and requires documentation of a joint commitment to comply with basic environmental requirements, human rights and other working conditions.
An external audit plan for 2025 has been established and planned, based on the results of the due diligence assessment.
If documentation from the supplier does not satisfy the safeguarding of basic human rights and decent working conditions, this will have consequences for the contractual relationship with Entec Evotec AS.
Entec Evotec AS will strive to influence suppliers who do not provide satisfactory documentation, to minimize risk and repair any violations that have been committed to avoid further negative consequences.
Further work
During 2025, Entec Evotec AS will work to increase training and awareness internally at all our locations. Furthermore, a separate work channel has been implemented for handling work in accordance with due diligence assessments in the business. This is to ensure proper and safe follow-up of the value chain.