Main activities of the Strategy Committee

The Strategy Committee deals in particular with NORMA Group’s long-term orientation towards the various end markets and megatrends. The committee also addresses the impacts of climate change on NORMA Group’s business and the sustainability of its products and production, as well as the development of CO2 emissions. The committee oversees the innovation process and international expansion of the strategic business units Industry Applications, Mobility & New Energy and Water Management, across the regions. The necessary adjustments to structures and resources will be presented and discussed by the Management Board. In the 2024 fiscal year, the Strategy Committee examined the branding strategy, the transition to a higher proportion of Industry Applications and Water Management business, the M&A strategy and the further automation of production.

The Strategy Committee held three meetings in 2024. The meetings were always held in Maintal and were attended by all members on site. Details of the participants can be found in the table MEETING ATTENDANCE 2024.

Besides the Chairman of the Management Board, who attended all meetings, the NORMA Group managers responsible also took part in the Strategy Committee meetings on the respective topics.