According to the the company's Shareholders Agreement the Board of Directors in Nammo AS shall consist of 6 to 8 members. The board shall meet regularly, and at least 4 times a year.
Nammo's owners, the Norwegian Ministry of Trade, Industries and Fisheries and Finnish company Patria Oyj, nominate three board members each, with the position as Chairman alternating between the two owners every year.
The board also has two employee representatives as full members, and one as an observer. The employee representatives are elected by the employees in each country in accordance with local procedures.