PF Finans / Clarinova

Senior executives

The individuals indentified and presented below as senior executives are individuals having important managerial roles and/or responsibility for certain important functions.

Mr Bertil Olsson Executive Director and CEO. See section “Board of directors”.

Mr Bo Falkman Chief Operating Officer. See section ”Board of directors”

Ms Therese Swartling Chief Financial Officer Ms Therese Swartling was born on 24 of December 1970, in Stockholm, Sweden. She is a trained business economist with a degree from IHM, Stockholm, Sweden. From 1985-92 Ms Swartling held several administration positions in the family retail group. In 1992 she was one of the founders of on the most successful industrial design groups in Scandinavia, No Picnic. Up until 2010 she was part of the management team and member of the board of directors and held the position as CFO. At present Ms Swartling is a management consultant in business administration. Ms Swartling acts in her position since the 1st of September 2011.

Independent auditors

At the AGM on 15 May 2010, MKO Partners , Chartered Accountants , 6, The Courtyard Building, Carmanhall Road, Sandyford, Dublin 18, Ireland Deloitte AB, was appointed the Company’s auditors up until the next AGM, with Diarmaid O'Keeffe, authorised public accountant with MKO Partners, Chartered Accountants as auditor in charge.

The first consolidated financial statements of the Company is expected to be published 2012-04-30

Other information regarding the Board, senior executives and independent auditors

Conflicts of interest None of the Directors or senior executives has a private interest that may be in conflict with the interests of the Company. The Directors are likely to have financial interests in the Company through their current holdings of shares in the Company.. Corporate governance The Company applies the Swedish Code of Corporate Governance (“the Code”). The Company will apply the Code where applicable, explain deviations from it. The principles of corporate governance in Company are governed by its Articles of Association, applicable laws, exchange requirements and praxis, including the Swedish Code of Corporate Governance. Committees of the Board of Directors Pursuant to the Articles of Association, the Board of Directors may delegate any of its powers, authorities and discretions to any committee consisting of one or more Directors. In pursuit of an efficient and reliable corporate governance structure, the Board in 2011 established three

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