Corporate Governance

The parent company of Componenta Group is Componenta Corporation (hereinafter referred to as “Componenta” or the “Company”), a Finnish public company whose share is listed on Nasdaq Helsinki. Componenta Group is composed of the parent company and its subsidiaries. Componenta’s head office is located in Helsinki.

The governance and management of Componenta are based on Finnish legislation, the company's Articles of Association, the rules of the Helsinki stock exchange and the regulations and instructions issued by the Finnish Financial Supervisory Authority. Governance and management are guided by Componenta’s values, operating principles and policies as well as responsible operating methods. As of 1 January 2016, Componenta complies with Finnish Corporate Governance Code 2015, which is available online at www.cgfinland.fi.

GOVERNING BODIES OF COMPONENTA

The highest governing body at Componenta is the General Meeting in which the shareholders exercise their decision-making powers. The General Meeting elects the company’s Board of Directors and auditor.

The company is managed by the Board of Directors and the President and CEO, appointed by the Board.

Governing bodies

 *) Componenta Group’s financial administration conducts an internal audit of Group companies in accordance with the annual plan together with the external auditors.

Operational responsibility at Group level lies with the President and CEO. The Group’s Corporate Executive Team assists the President and CEO in this task. The Senior Vice Presidents of business areas, assisted by their respective management teams, are responsible for country-specific business.

Componenta Group’s reporting segments are the Aluminium Business and the Iron Business. Componenta’s public disclosures are limited to information pertaining to the Group and its reporting segments.

Componenta Group organization as of 20 October 2016