Corporate governance

Corporate governance

Corporate governance sets out how rights and obligations are allocated among the company’s bodies, in accordance with applicable laws, rules and internal processes. Corporate governance also identifies systems for decision-making and the structure via which the owners directly or indirectly control the company. Sound governance generates values that benefit all Serneke’s stakeholders.

Serneke Group AB, corporate registration number 556669-4153, is a Swedish public limited company listed on the Nasdaq Stockholm stock exchange.

Serneke complies with Nasdaq Stockholm’s Rule Book for issuers and the Swedish Corporate Governance Code (the “Code”). The Code applies to all Swedish companies whose shares are registered to trade on a regulated market in Sweden, and must be applied in full from the date of the first AGM in the year following the listing. The company is not obliged to apply every rule contained in the Code, but is permitted to choose alternative solutions that the company deems appropriate to its particular circumstances. This is provided that Serneke reports each deviation, describes the alternative solution and explains the reason for the deviation in its annual corporate governance report (comply or explain approach).

Serneke will apply the Code as of the date of listing on the Nasdaq Stockholm exchange and does not intend to deviate from the Code in any respect. The company will prepare its first corporate governance report for the 2016 financial year.