The Board consists of three members and a chairman. The members have an average of 4 board appointments each.
Diversity on the board is important to facilitate independent opinions and critical challenge. In the selection and appointment of a board member the company shall strive to have a broad set of qualities and skills considered. Diversity must be promoted.
The members shall have financial and industrial knowledge, insight, experience and suitability. Differences and diversity is not an end in itself. In the composition of the Board shall take into account the company’s operations, phase of development and other circumstances.
In the selection process for the board all candidates shall all have equal opportunities in terms of sexual orientation, age, ethnicity, gender, religion or handicap.
The Company has decided not to introduce a risk committee due to the size, nature and scope of the business. Responsible for the company’s risk function reports directly to the Board.