Corporate Governance Principles

Stromsdal Group

Stromsdal Group consists of the parent company Stromsdal Oyj and its subsidiary Juantehtaan Ympäristö Oy.

Stromsdal Oyj`s line of business is production, processing and sale of carton and groundwood pulp and business activities connected with it. Juantehtaan Ympäristö Oy owns and leases industrial real estates and land areas.

Principles

Stromsdal Oyj being a Finnish public limited company, complies with its Articles of Association and Finland`s legislation in its corporate governance and decision-making. Moreover, Stromsdal applies the rules for insiders as well as the recommendations for public listed companies (Corporate Governance) issued by the Helsinki Stock Exchange.
Governance Bodies

Shareholders exercise the highest decision-making power at Stromsdal`s Annual General Meeting, which adopts the annual accounts, and decides the distribution of dividends and the election of members of the Board of Directors.
Company`s Board of Directors is responsible for Stromsdal`s strategic policy and for the effective organisation of the company`s business operations and corporate administration.

Board of Directors appoints Stromsdal`s Managing Director, who is in charge of the company`s business operations and operational management.

Management Team`s main tasks are to assist the Managing Director and monitor and develop the company`s operations.