Corporate Governance Code

From 1 July 2008, the companies listed on NASDAQ OMX Main Market must follow the Swedish Corporate Governance Code (“the Code”). Since February 2016 Petrosibir is no longer listed on NASDAQ OMX.

Corporate governance report

The corporate governance report for 2015 was published as a part of the annual report for 2015 on pages 30-36. For the Auditor’s statement regarding the corporate governance report see pages 83-84 in the annual report.

The corporate governance report for 2014 was published as a part of the annual report for 2014 on pages 34-39. For the Auditor’s statement regarding the corporate governance report see pages 82-83 in the annual report.

The corporate governance report for 2013 was published as a part of the annual report for 2013 on pages 36-41. For the Auditor’s statement regarding the corporate governance report see pages 85-86 in the annual report.

The corporate governance report for 2012 was published as a part of the annual report for 2012 on pages 31-36. For the Auditor’s statement regarding the corporate governance report see page 79 in the annual report.

The corporate governance report for 2011 was published as a part of the annual report for 2011 on pages 29-34. For the Auditor’s statement regarding the corporate governance report see page 75 in the annual report.

The corporate governance report for 2010 was published as a part of the annual report for 2010 on pages 32-37. For the Auditor’s statement regarding the corporate governance report see page 37 in the annual report.

The corporate governance report for 2009 was published as a part of the annual report for 2009 on pages 30-31.

Prior to the business combination between Petrosibir and TFS, TFS published its corporate governance report in its annual report for 2008 on pages 21-22, available in Swedish here.

Board of Directors and Executive Management

Information about Petrosibir’s Board of Directors is available here.

Information about Petrosibir’s Executive Management is available here.

Information about Petrosibir’s Auditor is available here.

Annual General Meeting

The Annual General Meeting 2016 was held on 24 May 2016. Documents from the AGM 2016 are available here.

Extraordinary General Meeting 9 November 2015

The Extraordinary General Meeting was held on 9 November 2015. Documents from the EGM are available here.

Incentive programs and variable remuneration

Remuneration Committee of Petrosibir AB has monitored and evaluated implementation of the guidelines for remuneration to management which were approved on the AGM as well as existing remuneration structures and fixed and variable compensations in the company. The Committee noted that the guidelines had been adhered to by the company and that the guidelines and the remuneration structure are appropriate.