GRI-Appendix

103 - Generic Disclosures on Management Approach

NIBE monitor the employee turnover rate. In some countries, the KPI indicates access to the workforce, as there can be significant seasonal differences in the turnover rate. We strive to find ways to retain employees on a regular long-term basis in countries where the tradition and culture is mainly for short-term employment, as this enhances productivity and minimises loss of competent employees.

401-1 - New employee hires and employee turnover

Employee turnover is calculated based on permanent employees who voluntarily end their employment. The employee turnover rate for 2017 was 6,7 percent.

Employee turnover is calculated based on permanent employees who voluntarily end their employment. The 6,7 percent figure is based on just over 100 NIBE companies worldwide. As in 2015 and 2016, plants in Mexico and China have not been included in the statistics as the traditionally high level of mobility in these countries deviates considerably from that in other countries. Employee turnover is 46 percent.

401-2 - Benefits provided to full-time employees that are not provided to temporary or part-time employees

Not reported.

401-3 - Parental leave

Not reported.