The Annual General Meeting is the highest governing body of Valmet in which the shareholders participate in the supervision, decision-making and control of the Company. The Board of Directors is responsible for the administration and the proper organization of the operations of the Company. The President and CEO, assisted by the Executive Team, is in charge of the day-to-day operative management of Valmet and its businesses.
Read more on Valmet's governance in the latest publications:
The report covers Valmet's governance principles and activities, Board of Directors and management in 2020.
The report covers Valmet's remuneration in 2020.
Valmet's decision making and administration is governed by the Finnish Companies Act, the Finnish Securities Markets Act, the rules issued by the Helsinki Stock Exchange, Valmet's articles of association, the Finnish Corporate Governance Code and the “Recommendation regarding the procedures to be complied with in takeover bids” issued by the Panel on Takeovers and Mergers at the Finland Chamber of Commerce. If Valmet deviates from the recommendation of the Finnish Corporate Governance Code, it would specify and explain the deviation.