Corporate governance

Corporate governance is determined mainly by the Swedish Company's Act and other Swedish law, by Nasdaq Stockholms rules for issuers and by the Swedish Corporate Governance Code ("The Code"). The Code is applicable for all Swedish companies whose shares are listed on a regulated market in Sweden. It is available on www.bolagsstyrning.se.

GARO AB (publ) is a Swedish public limited liability company with its registered office in Gnosjö Municipality, Jönköping County, Sweden. The GARO share was listed on Nasdaq Stockholm on March 16, 2016. The company applies the Swedish Corporate Governance Code. Guidelines on the Code are available on the website for the Swedish Corporate Governance Board (www.bolagsstyrning.se). The Code is based on the principle of “comply or explain”, which means that companies that apply the Code can deviate from individual rules, but then provide an explanation for the deviation.