Corporate Governance within Rugvista Group

Rugvista Group is a Swedish public limited liability company listed on Nasdaq First North Premier Market. The company’s corporate governance is based on, among other things, the Swedish Companies Act (2005:551), Rugvista Group’s Articles of Association, internal rules and steering documents, and also Nasdaq First North Premier’s rulebook for issuers and the Swedish Corporate Governance Code (the “Code”).

The Code is based on the principle “comply or explain”, meaning that companies are not obliged to at all times apply every rule in the Code, but are allowed the freedom to choose alternative solutions which they feel are better in their particular circumstances, provided they report every deviation, describe the alternative solution, and explain the reasons for the deviation.