Governance

Decentralised governance and decision-making is one of Fagerhult’s strengths, and permeates the entire organisation. The objective of the Company’s governance model is to ensure that this takes place in a clear, effective, reliable and business-oriented manner. The governance model is designed to support the Company’s long term strategies, market presence and competitiveness. At the same time, it should help maintain Fagerhult’s confidence among stakeholders such as shareholders, customers, suppliers, capital markets, society and employees.

Key external regulations

• Swedish Companies Act

• NASDAQ OMX Stockholm’s regulations

• Swedish Code of Corporate Governance (the Code)

• Accounting Rules and Regulations

Key internal regulations

• Articles of Association

• Formal work plan for the Board of Directors and terms of reference for the CEO

• Guidelines for remuneration to senior management

• Various policy documents and instructions (such as the Group’s Code of Conduct)