MIPS overall objective is to create long-term value for its shareholders. and other stakeholders. This requires an effective and good corporate governance.
Prior to listing on Nasdaq Stockholm, MIPS corporate governance has been based on Swedish legislation and internal rules and guidelines. Once listed on Nasdaq Stockholm, the company will also comply with Nasdaq Stockholm’s Rule Book for Issuers and the Swedish Corporate Governance Code (“Code”). In addition, MIPS has internal policies. that apply to the entire group
The Code applies to all Swedish companies with shares listed on a regulated market in Sweden and shall be applied from the listing. The Company is not obliged to comply with every rule in the Code as the Code itself provides for the possibility to deviate from the rules, provided that any such deviations and the chosen alternative solutions are described and the reasons therefore are explained in the corporate governance report (the so-called “company or explain principle”).
MIPS has for the year 2017 reported a Corporate Governance Report, which is available in the company’s Annual report.