CapMan Plc Corporate Governance
Updated on 18 March 2015. The Board of Directors of CapMan Plc is responsible for confirming the Group’s Corporate Governance principles.
Applicable rules and regulations
CapMan Plc (“CapMan”) complies, in accordance with comply or explain principle, with the Finnish Corporate Governance Code (the “Code”) for listed companies issued by the Securities Market Association and entered into force on 1 October 2010. The deviations from the Code are explained below in section 2. Furthermore, CapMan’s corporate governance is in compliance with the laws of Finland, its articles of association and the rules and directions of NASDAQ OMX Helsinki Ltd. The company’s Remuneration Statement, required by the Code’s Recommendation 47, and the Corporate Governance Statement, required by the Code’s Recommendation 54, are available at the company’s website at www.capman.com/capman-group/governance. The Corporate Governance Statement is also published in the company’s Annual Report for 2014.
The Code as a whole is publicly available on the website of the Securities Market Association at www.cgfinland.fi/en/.
Deviations from the Code
The Board of Directors has decided, in accordance with the Code’s Recommendation 22 (Appointment of members to the committees), that due to the overall small size of the Board, the Audit Committee comprises only two members.