Corporate governance

Atria Plc (“Atria” or the “company”) is a Finnish public company, and the responsibilities and obligations of its governing bodies are determined by Finnish law. The parent company, Atria Plc, and its subsidiaries constitute the international Atria Group. The company is domiciled in Kuopio.
 
Responsibility for the administration and operations of Atria Group lies with the governing bodies of the parent, Atria Plc. These are the General Meeting, Supervisory Board, Board of Directors and the President and CEO.
 
Atria’s decision-making and corporate governance are in compliance with the Finnish Companies Act, regulations applied to publicly listed companies, Atria Plc’s Articles of Association, the rules of procedure of Atria's Board of Directors and its committees, and NASDAQ OMX Helsinki Ltd’s rules and guidelines. Atria follows the Finnish Corporate Governance Code (“Corporate Governance Code”). The full Corporate Governance Code may be viewed at www.cgfinland.fi. In accordance with the Comply or Explain principle, the company departs from the recommendations of the Code as follows:
 
• The company has a Supervisory Board.
• As an exception to recommendation 10, the term of a Board member is three (3) years in accordance with Atria’s Articles of Association.

Atria Plc has prepared a review of the corporate governance system in accordance with the Finnish Corporate Governance Code. The review is available on the company’s website at www.atriagroup.com.