MIPS overall objective is to create long-term value for its shareholders and other stakeholders. This requires an effective and good corporate governance. The corporate governance in MIPS is based on the Swedish Companies Act, Nasdaq Stockholm’s Rule Book for Issuers and the Swedish Corporate Governance Code (“Code”) and other applicable rules and regulation. In addition, MIPS has internal governing documents that apply to the entire group.
The Code applies to all Swedish companies with shares listed on a regulated market in Sweden. According to the Code, there is a possibility to deviate from its rules provided that any such deviation and the chosen alternative solution are described and the reasons therefore are explained in the corporate governance report (the so-called “company or explain principle”).
MIPS’ corporate governance reports are available in the company’s annual reports.