Corporate governance structure
Within OX2, governance and control are shared between the shareholders at general meetings, the Board of Directors, the CEO and other members of management.
The Swedish Companies Act, the Articles of Association and internal policies, instructions and guidelines adopted by OX2 govern the allocation of tasks. The Rules of Procedure of the Board of Directors and the CEO’s Instructions are examples of internal instructions and guidelines.
Shareholder influence is exercised at General Meetings, at which shareholders decide, for example, on the composition of the Board of Directors, the election of the auditor, the discharge of the Board of Directors and the CEO from liability and the guidelines for remuneration of senior executives.
More information about General Meetings
The Nomination Committee, which is appointed in accordance with the principles laid down by the Annual General Meeting, submits proposals to the next Annual General Meeting concerning matters such as the election of Board members, the Chair of the Board and the auditor, and decisions on the remuneration of the Board and the auditor.
More information about the Nomination Committee
The Board of Directors is ultimately responsible for the organization and management of OX2’s activities. The tasks of the Board of Directors are partly prepared by the company’s Group management and by the committees of the Board of Directors.
Presentation of the Board of Directors and the responsibilities
The CEO of OX2 is appointed by the Board of Directors. The CEO manages the day-to-day operations of the Group in accordance with the Board’s guidelines and instructions.