Board activities

The Board of Directors is the highest management organ of the company, standing under the authority of the general meeting.

The Board of Directors is, inter alia, responsible for the company’s organisation and management of the company’s affairs, ensuring that the company’s organization is designed to adequately control the company’s accounts, financial management and other economic conditions. The Board of Directors shall continually assess the company’s financial position.

The Board of Directors shall primarily address comprehensive and long-term issues, and other issues of unusual character or great significance to the group and the company.

The Board of Directors’ work shall follow a written work plan that shall ensure that the board is fully informed and that all board related aspects of the company’s operations are addressed. 

The Board has also adopted a number of policies for the company. These policies are subject to regular review.