Sveafastigheter is a Swedish public limited liability company. Before listing on Nasdaq First North Premier Growth Market, corporate governance in the Company was based on Swedish law and internal rules and instructions. Once the Company has been listed on Nasdaq First North Premier Growth Market, the Company will also comply with the Nasdaq First North Growth Market – Rulebook and apply the Swedish code for corporate governance (the “Code”). The Code applies to all Swedish companies with shares listed on a regulated market in Sweden and to Swedish companies whose shares are listed on Nasdaq First North Premier Growth Market. Companies that apply the Code do not have to comply with all rules in the Code as the Code itself allows for deviation from the rules, provided that such potential deviations and the chosen alternative solution are reported and the reasons for this explained in the corporate governance report (according to the so-called “comply or explain principle”).
The Company will apply the Code from the time of the listing of the shares on Nasdaq First North Premier Growth Market. Any deviations from the Code will be reported in the Company’s corporate governance report, which will be prepared for the first time for the financial year 2024. However, in the first corporate governance report, the Company does not need to explain deviations that are a result of a failure to comply with rules for which application has not been updated during the time period covered by the corporate governance report.