Cloetta is subject to compliance with the Swedish Code of Corporate Governance, which is based on the “comply or explain” principle. This means that a company can deviate from the Code’s provisions without this entailing a breach of the Code. However, a company that deviates from a rule in the Code must explain the reason for doing so.
Corporate governance
Cloetta AB (publ) is a Swedish limited liability company which operates under Swedish law and its corporate governance is regulated by the Articles of Association, the listing agreement with the Nasdaq Stockholm, other applicable rules and norms, the Code of Conduct and other instructions and policies.