4C Group AB is a Swedish public limited company. Corporate Governance in the company is mainly based on Swedish law, primarily the Swedish Companies Act (Sw. Aktiebolagslagen) and 4C’s Articles of Association but also internal policies and instructions. 4C Group applies the Nasdaq Stockholm rulebook for issuers and “the Code” (Sw. Svensk kod för bolagsstyrning).
The Code applies to all Swedish companies whose shares are listed on a regulated market. The Code defines a norm for good corporate governance on a higher level of ambition than the Swedish Companies Act and other regulations’ minimum requirements. The Code is based on the principle “comply and explain”. This means that 4C is not required to apply every rule of the Code at all occasions but may choose alternative solutions deemed to better respond to particular circumstances, provided that 4C openly discloses all such deviations, describes the alternative solution and states the reason for the deviation. 4C Group AB will disclose any deviations from the Code in the Corporate Governance Report.
