Corporate governance

Corporate Governance

Tecnotree Corporation is a Finnish Public Limited Company. In its decision-making and corporate governance Tecnotre Corporation complies with the Finnish Limited Liability Companies Act, securities market legislation, other legal provisions concerning listed companies, Tecnotree Corporation´s Articles of Association, and the rules and guidelines issued by Nasdaq Helsinki Ltd. Tecnotree Corporation also complies with the Finnish Corporate Governance Code adopted by the Securities Market Association. The Corporate Governance Code is available on the site of the Securities Market Association at https://cgfinland.fi/en/.

The responsibilities and obligations of the Corporate management are based on the Finnish legislation. Tecnotree Group comprises Tecnotree Corporation and its subsidiaries. The company is registered and domiciled in Espoo Finland.

Ultimate responsibility for the Group’s administration and operations lies with Tecnotree's statutory governing bodies, namely the General Meeting convened by shareholders, the Board of Directors, and Chief Executive Officer. The CEO is assisted by the Group’s Management Board. Corporate management consists of the CEO, the members of the Management Board, and the managers and experts responsible for other corporate management duties.

The Group’s parent company Tecnotree Corporation is responsible for the Group’s administration, strategic planning, finance, and investor relations, and provides corporate services for the operational business units.

Tecnotree publishes a Corporate Governance Statement annually.

Corporate Governance Statement 2021