Corporate Governance

In addition to the rules laid down by law or regulation, JM applies the Swedish Code of Corporate Governance (the Code). JM complies with the Code without exception. Through detailed and transparent accounting, JM will increase the knowledge of shareholders and other stakeholders about how the Board of Directors and the Executive Management operate in order to ensure that shareholders’ demands for return on invested capital are met.

Priority areas for long-term value creation include high ethical standards, JM’s core values and code of conduct, professionalism, transparency and JM’s contribution to social development. JM has been implementing a long-term and systematic project over the past few years to continuously develop its internal governance and control. This project has resulted in, for example, additional enhancements to the company’s governance and control with regard to investment, selling and production decisions as well as governance and control during the project implementation phase.

Internal governance and control are also exercised through the systematic committee work of the Board. In order to promote the development of the Board, an annual assessment of the Board’s work is conducted.