Corporate Governance

Corporate governance refers to the rules and structure established as part of efforts to control and manage operations effectively in a limited liability company. The ultimate objective of corporate governance is to meet the demands of shareholders in respect of the return on their investments and the need of all stakeholders as regards information about the company and its development.

Management and control of the Hemtex Group is determined by the shareholders at the Annual General Meeting, and by the Board of Directors and Chief Executive officer in compliance with the Swedish Companies Act and the Articles of Association.