Policies & Charters

Northland is committed to the highest standards in its governance practices and is focused on its strategy centered on delivering energy and capacity in key strategic markets, with a primary focus on offshore wind, onshore solar and wind, battery energy storage and natural gas power generation. We are constantly evolving our practices with respect to the formulation and implementation of policies, standards and practices regarding its health, safety, climate change and environment-related risks. Strong corporate governance is the foundation for effective oversight, accountability to shareholders and investor confidence.

Northland’s Governance and Nominating Committee continually analyzes the Corporation’s governance, environmental and social policies to ensure alignment with the highest standards.

Corporate Governance Practices

Northland’s Board is responsible for the supervision of the business and affairs of the Corporation. The Board continually seeks to strengthen its corporate governance and ethical business conduct by adopting best practices, providing full transparency and accountability to our shareholders.

Board Committees

Northland’s Board of Directors has appointed the following committees and charged them with oversight in their respective areas of responsibility:

• Audit Committee: Responsible for overseeing Northland’s accounting and financial reporting policies and procedures, internal controls and information management, risks and risk management, the external audit process and compliance with all applicable laws and regulations in respect thereof.
• Governance and Nominating Committee: Responsible for overseeing Northland’s governance framework, including recommending new Board candidates and committee members, assessing the effectiveness of the Board, its committees and members, and diversity and inclusion matters at the Board and executive levels.
• Human Resources and Compensation Committee: Responsible for overseeing the compensation of Northland’s executive management and Board and strategic oversight over Northland’s human resources matters.
• Project Delivery Committee: Responsible for overseeing construction projects across Northland’s portfolio, including the review of construction plans, tools, budgets, schedules, risks, contingency allocations, and health, safety and environmental matters.

Northland requires all its representatives (including employees, officers, directors, agents and certain consultants) to fulfill their responsibilities honestly, fairly and with the highest levels of ethical behaviour. That includes complying with all applicable laws and regulations, guided by the following Northland policies.