Corporate Governance

Corporate
Governance

Corporate Governance

Cary Group is a Swedish public limited liability company. The corporate governance is mainly based on Swedish law, primarily the Swedish Companies Act, the articles of association and internal rules, including policies and instructions.

As a company listed on Nasdaq Stockholm, the company will also apply 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 listed on a regulated market in Sweden. The Code sets a higher standard for good corporate governance than the minimum standards of the Swedish Companies Act and other rules. Companies are not required to comply with all rules in the Code.

Alternative solutions which are deemed more suitable for the relevant company’s specific circumstances can be chosen, provided that any such deviations and the chosen alternative solutions are described and the reasons therefore are explained in the corporate governance report (according to the “comply or explain” principle).

Cary Group applies the Code from the first day of trading of its shares on Nasdaq Stockholm. The company expects to comply with all rules in the Code as of this date.