Inderes Oyj (“Inderes” or “company") complies with the Finnish Limited Liability Companies Act and the rules of the Nasdaq First North Growth Market Finland. The company is not obliged to comply with the recommendations of the Corporate Governance Code (2020) maintained by the Finnish Securities Market Association. However, the company endeavors to comply with the recommendations of the Corporate Governance Code where applicable but does not report its deviations from the recommendations. In accordance with the Companies Act, the administration of the company is divided between the Annual General Meeting, the Board of Directors and the CEO. Shareholders participate in the supervision and management of the company through decisions taken at General Meetings.
Shareholders exercise their rights primarily at the Annual General Meeting, which is usually convened by the Board of Directors. A General Meeting shall also be held if the auditor of the company or shareholders whose shares represent at least one tenth of all shares in the company request in writing that a General Meeting be held. In addition, the company’s operations are regulated by the rules of administration.