Corporate Governance Report
VBG GROUP AB is a Swedish public limited company. Responsibility for governance and control of the Group is divided among the shareholders via Shareholders´ General Meeting, the Board of Directors, its elected committees and the CEO, in accordance with the Swedish Companies Act, prevailing regulations governing listed corporations and VBG GROUP´s Articles of Association.
VBG GROUP has previously chosen not to apply the Swedish Code of Corporate Governance( “ the Code” ) since the company´s market value was below the previous limit of three billion kronor. The Code was revised in 2008 and from 1 January 2009 the revised Code is being applied.