Corporate governance

PartnerTech is a Swedish public limited liability company that is listed on the Nasdaq OMX Stockholm Exchange. Corporate governance in the PartnerTech Group is based on the Swedish Companies Act, the Swedish Annual Accounts Act, the NASDAX OMX Stockholm Exchange Rules for Issuers, the Swedish Code of Corporate Governance (the "Code" below) and other relevant laws and regulations. The company complies with all parts of the Code. Neither the Nasdaq OMX Stockholm Exchange Rules for Issuers nor generally accepted equity market practices were violated in 2010. In accordance with amendments to the Annual Accounts Act, the PartnerTech Group is to issue a corporate governance report as of 2010 for review by its auditors. Due to amendments to various rules and regulations, a revised version of the Code took effect on February 1, 2010.
The purpose of PartnerTech's corporate governance report is to describe administration of the company for shareholders and other interested parties. Good corporate governance sets the stage for clear assignment of responsibilities to the various decision-making bodies.