Board activities 2011
The Board of Directors held a statutory meeting immediately following the Annual General Meeting.
During 2011, the Board of Directors met at 16 times. The main issues addressed were financial and market position, items related to the demerger of the group, establishment of the Board of Directors’ work procedures and the Instructions for the President, as well as strategic and organizational issues. On a regular bases throughout the year, the Board has dealt with report from the Audit and Compensation Committees. During the autumn operational strategy and budget for 2012 was addressed.