The Swedish Code of Corporate Governance (the Code)

VBG GROUP AB (publ) is a Swedish limited liability company whose Series B shares are listed on Stockholmsbörsen (the Stockholm Stock Exchange), where they are traded on OMX Nordic Exchange Mid Cap.  

VBG GROUP AB ’s corporate governance is based on Swedish law, the listing agreement with Stockholms­börsen and the Articles of Association.

Starting 1 July 2005, the Swedish Code of Corporate Governance (the Code) must be applied by all companies listed on Stockholmsbörsen  that have a market value of more than SEK 3 billion. Since VBG GROUP AB ’s market value is currently below this limit, the Board of Directors has chosen not to apply the Code for the present time.