General
The Company is a Swedish public limited company governed by Swedish law, primarily the Swedish Companies Act (2005:551). Subject to continued listing, the Company’s shares will be admitted to trading on First North, whereby the Company applies the First North Rulebook for issuers. The Swedish Corporate Governance Code (the “Code”) shall be applied by companies whose shares are admitted to trading on a regulated market. The Code does not currently need to be applied by companies whose shares are listed on First North and the Company has not voluntarily undertaken to comply with it. In addition to legislation, rules and recommendations, the Articles of Association form the basis for the governance of the Company’s operations. The articles of association specify, among other things, where the board of directors has its registered office, the focus of the business, limits on share capital, number of shares and classes of shares, and the conditions for participation in general meetings. The Articles of Association that will be proposed to the extraordinary general meeting on 29 December 2023 (which will consider proposals for resolutions to approve the Transaction) are set out in full in the section “Articles of Association after the Transaction”. The responsibility for governance, management and control of the Company is divided between the shareholders, the Board of Directors and the CEO, other members of the Company’s management and the special committees and control bodies that the Board of Directors establishes from time to time.