Part-Four

Governance, Risk Management and Ethics

Novus is committed to taking all necessary measures to ensure that best governance practices are upheld in our business. First and foremost, Novus acts in accordance with the law and all applicable regulations in every country in which Novus has a presence. Beyond the law, Novus aspires to achieve the highest possible standards of corporate ethics and integrity in all actions and in respect of all Novus stakeholders.

Our Board of Directors

The Board of Directors is Novus’s highest governing body and represents the interests of Novus’s shareholders and all stakeholders. The Board determines Novus’s long-term strategy, ensures that the necessary practices for risk management and compliance are in place, appoints the executive management and guides Novus management in regard to overall sustainable business practices. Novus’s Board of Directors is composed of 12 members, reflecting the ownership and management structure. All members of the Board of Directors currently are male. All but one of the Board members are non-executive.

Our Reporting

This fifth global Sustainability Report of Novus International, Inc. describes our approach to sustainability and the actions we have taken during 2012 to advance responsible and sustainable business practices. In all cases, data relates to the 2012 calendar year unless otherwise stated. Relevant information and case studies from the early part of 2013 also are included.

GRI Index

The Global Reporting Initiative (GRI) is a non-profit, multi-stakeholder organization which acts to increase the level of business transparency by promoting sustainability reporting among companies throughout the world. The main tool for assimilating sustainability reporting is the GRI reporting framework that contains detailed guidelines for reporting on sustainability impacts and provides a consistent structure that thousands of companies around the world now use to disclose their approach and performance related to sustainability. Over 7,000 sustainability reports were published in 2012 by companies all over the world, many of them using the GRI framework.