Corporate governance

Okmetic Oyj, the parent company of Okmetic group, is a Finnish public limited company. Its management of is based on the Finnish Limited Liability Companies Act, the Accounting Act, regulations concerning publicly traded companies, the articles of association, the Finnish Corporate Governance Code published in 2010, and on generally accepted ethical principles.


The Finnish Corporate Governance Code is available on the website of the Finnish Securities Market Association, http://www.cgfinland.fi/en/.


Okmetic’s corporate governance statement has been drawn up in accordance with recommendation 54 of the Finnish Corporate Governance Code 2010 for listed companies, rules of Nasdaq Helsinki Ltd and Chapter 7, 7§ of the Securities Market Act, and its pdf-version can be found below. The corporate governance statement is provided separate from the board of directors' report.


Organisation


The administrative bodies of Okmetic Oyj – the general meeting, the board of directors, and the president – are in charge of the governance and operations of Okmetic group. The general meeting has the ultimate power in the company, and the company's chief operative decision-maker is the board of directors. The president, supported by the executive management group, is responsible for the operative management of the company in accordance with the course of conduct of the board of directors.