Corporate Governance

Exsitec is a Swedish public limited company and is governed by Swedish legislation, primarily the Swedish Companies Act (2005:551) and the Annual Accounts Act (1995:1554). Following the listing of the Company's shares on First North, the Company will also comply with the First North rulebook.

In addition to legislation and the First North rulebook, the Company's corporate governance is based on its Articles of Association and internal corporate governance guidelines. The Articles of Association specify, among other things, the registered office of the Board of Directors, the Company's business focus, the limits for share capital and the number of shares, as well as the conditions for participation in the general meeting.

Dividend Policy

Exsitec aims to distribute 20-40 percent of its net profit after tax, taking into account the Company’s financial position, capital structure, and future growth opportunities.

Auditor

At the 2023 Annual General Meeting, the registered audit firm Öhrlings PricewaterhouseCoopers AB was elected as Exsitec’s auditor. The authorized public accountant Kristian Lyngenberg is the principal auditor.