The governance of Fortaco Group Holdco Oyj is based on the company’s Articles of Association, Finnish Companies Act as well as the rules and guidelines of Nasdaq Helsinki Ltd. As the bond issuer, Fortaco is not obliged to comply with the Finnish Corporate Governance Code for listed companies maintained by Finnish Securities Market Association. However, the company publishes annually a report on its corporate governance system.
Furthermore, Fortaco complies with its Code of Conduct which applies to all of its affiliated companies worldwide. Fortaco also has a structured way for risk management and whistleblowing.
Fortaco’s statutory auditor is Ernst & Young Oy, with Anders Svennas, Authorised Public Accountant, as the auditor with principal responsibility.