Scanfil plc is a publicly listed company, managed in accordance with the company’s Articles of Association, the Finnish Companies Act, and other legislation relating to the company. In addition, the company follows the Finnish Corporate Governance Code (2015) issued by the Securities Market Association, but allows for the following exceptions with regard to the independence evaluation of directors: Recommendation 15 (Appointment of Members to Committees) and Recommendation 16 (Audit Committee).
The supreme decision-making bodies are the Annual General Meeting of parent company Scanfil plc, the Board of Directors and the President.
General Meeting decides on the matters determined in the Finnish Companies Act and the company’s Articles of Association.
The principal duty of the Management Team is to assist the President in the company’s operative management.
The General Meeting elects the members of the Board of Directors.