ABOUT NORDAX PRESS INVESTORS CORPORATE GOVERNANCE SUSTAINABILITY CONTACT Corporate Governance NordaxGroup / Corporate governance Articles of Association The Articles of Association are adopted by the Annual General Meeting and specify, among other things, the company's business operations, size of the share capital, voting rights and the number of Board members. There are no provisions in the Articles of Association that regulate the appointment or dismissal of Board members, with the exception of a provision on the minimum and maximum number of Board members. For amendments to the Articles of Association, a notice convening an Extraordinary General Meeting where the matter of amendments to the Articles of Association is to be considered shall be issued no earlier than six weeks and no later than four weeks before the Meeting. The current Articles of Association of Nordax were adopted at the Extraordinary General Meeting on March 16, 2018. ARTICLES OF ASSOCIATION-NORDAX BANK AB To the top of the page The company’s supreme decision-making body At the general meetings, the shareholders exercise their voting rights in key corporate matters, such as the approval of income statement, the disposition of profits or losses, the discharge of liability for the Board of Directors and the election of Board members and Auditor. To the top of the page Ownership structure Nordax is a wholly owned subsidiary of Nordax Group AB (publ), which in turn is a wholly owned subsidiary of Nordax Holding AB (formerly NDX Intressenter AB). Nordax Holding AB is controlled by Nordic Capital Fund VIII and Sampo plc. To the top of the page Sound internal governance and control The Board of Directors is responsible for the organization and management of Nordax and has the overall responsibility for the governance and control of Nordax. The Board of Directors shall continuously assess the company’s financial situation and ensure that the company is organized in such a way that its accounting, management of assets and financial matters in general are monitored in a prudent and efficient manner. The Board of Directors is also responsible for ensuring that Nordax conducts its business in an ethically responsible and professional manner, that conflicts of interests are identified and managed adequately and appropriately and that Nordax maintains a sound risk culture and that its business is characterised by sound internal governance and control. The Chairman of the Board The Chairman of the Board presides over the work performed by the Board and monitors that the Board is performing its duties in accordance with the Rules of Procedure adopted by the Board. READ MORE The Board's Committees To support the Board of Directors within certain specific areas, the Board of Directors has established two committees, which prepare and evaluate issues to be decided upon by the Board of Directors within the scope of each committee's specific area. The committees are: the Audit and Risk Committee and the Remuneration Committee. READ MORE Board of Directors HANS-OLE JOCHUMSEN ANNA STORÅKERS CHRISTIAN FRICK CHRISTOPHER EKDAHL HENRIK KÄLLÉN RICARD WENNERKLINT VILLE TALASMÄKI To the top of the page A genuine commitment to the company's mission and future Nordax management team consists of people with extensive experience in our field. There is a genuine commitment in the management team to the company's mission and future. Our decisiveness is a result of the management team's composition and work processes that involve people at all levels. It has also built a working environment characterized by cooperation and participation. Below you can find information about the members of the management team. Olof Mankert, CRO are adjunct member of the Senior Management Team. JACOB LUNDBLAD - CEO MARKUS KIRSTEN - DIRECTOR OF CREDIT RISK AND ANALYTICS MALIN FRICK - HEAD OF HR ADAM WIMAN - CIO MALIN JÖNSSON - CHIEF OPERATING OFFICER PATRICK MACARTHUR - CFO OLOF MANKERT - CHIEF RISK OFFICER KRISTINA THAM NORDLIND - CHIEF LEGAL COUNSEL HANNA BELANDER - HEAD OF MARKETING & COMMUNICATION CAROLINA ÅBERG - INTERIM HR DIRECTOR To the top of the page Appointed auditor Deloitte AB are appointed auditor since 2018. Malin Lüning, born 1980, is the Auditor-in-Charge and is a Chartered Accountant. Deloitte AB Rehnsgatan 11 SE-113 79 Stockholm Phone +46 75 246 20 00 To the top of the page Attract and retain excellent personnel Nordax's remuneration principles are set out in Nordax's remuneration policy, which has been drawn up based on the Swedish Banking and Financing Business Act (SFS 2004:297) and the Swedish Financial Supervisory Authority's regulations (FFFS 2011:1). REMUNERATION REPORT 2019 REMUNERATION REPORT 2020 READ MORE To the top of the page Governance, internal control and risk management In order to achieve a robust governance, internal control and risk management framework, Nordax has adopted the three lines of defence model. The three lines of defence model is the primary means to structure roles, responsibilities and accountabilities for decision-making and risk management. READ MORE To the top of the page Corporate Governance Reports Following the link below you will find the Corporate Governance Reports and Auditors Reports which are part of the Annual Reports. CORPORATE GOVERNANCE REPORTS AND AUDITORS REPORT To the top of the page ADDRESS Nordax Bank AB (publ) P.O Box 23124 SE-104 35 Stockholm VISITING ADDRESS Gävlegatan 22 113 30 Stockholm EMAIL okarlsson@brunswickgroup.com TELEPHONE +46 8 508 808 00 FAX +46 8 508 808 10 MORE INFORMATION Career Cookies www.nordax.se www.nordax.no www.nordax.fi www.nordax.de www.nordax.dk Set cookies We use cookies We use cookies to ensure the website to work properly and to provide a good user experience. Cookies also make it possible for us to follow up how the website is used, and to personalize content and marketing. Read more in our Cookie Policy Set cookies Accept all cookies