Corporate Governance in Haldex

Please note that links to all Corporate Governance information are placed at the bottom of this page.

The term “corporate governance” usually refers to the rules and structures needed to govern and manage a corporation in an efficient and controlled manner. The aim is to meet the owners’ requirements in terms of return on invested capital.

Responsibility for the governance and control of the Haldex Group is divided among the shareholders, the Board of Directors, its selected committees and the President.

Steering instruments that form the basis for corporate governance in Haldex primarily include the Swedish Companies Act, the Annual Accounts Act, applicable regulations for publicly traded companies on the Nasdaq OMX Stockholm, the Swedish Code of Corporate Governance and other pertinent legislation and rules.

Internal binding steering instruments include the Articles of Association adopted by the Annual General Meeting, and documents approved by the Board that include the Operating Procedures of the Board of Directors in Haldex, Directives for the Compensation and Audit Committees, Instructions for the President in Haldex, the Communications Policy and the Treasury Policy. In addition to the above, the Group has a number of policies and manuals that contain binding regulations as well as recommendations that specify principles and provide guidance for the Group’s operations and employees. An example of one of these documents is Haldex’s Vision & Values.