Corporate Governance

Delete Group Oyj is a public limited company registered in Finland, whose bond is listed on Nasdaq Helsinki Ltd.

In its decision-making and administration, Delete Group Oyj applies the Finnish Limited Liability Companies Act (624/2006, as amended), Finnish Securities Markets Act (746/2012, as amended) as well as the rules and guidelines of Nasdaq Helsinki Ltd. Delete Group Oyj primarily follows the Finnish Corporate Governance Code 2015 (available at www.cgfinland.fi), with a few exceptions due to its ownership structure. These exceptions relate to, among other things, rules regarding annual general meetings and the composition of the Board of Directors.

Pursuant to the provisions of the Finnish Limited Liability Companies Act and the Issuer’s Articles of Association, responsibility for the control and management of the Issuer is divided between the General Meeting of Shareholders, the Board of Directors and the Chief Executive Officer (CEO). Shareholders participate in the control and management of the Issuer through resolutions passed at Annual General Meetings of Shareholders.

Legal structure

Delete Group’s parent company Delete Group Oyj wholly owns Ax DEL2 Oy. Ax DEL2 Oy, in turn, wholly owns Delete Oy, the parent company of the operating subsidiaries of the Group. Delete Oy has twelve subsidiaries, which are mainly operated through the two national entities Delete Finland Oy and Delete Sweden AB.

The following chart sets out the legal structure of Delete Group on 31 December 2018.

Delete Group Legal Structure

Archive

Corporate Governance Statement 2018

POLICY 4.3.1b Delete Group Code of conduct

POLICY 4.7.5b Disclosure Policy Delete Group Oyj

POLICY 4.8.1 Delete Remuneration Policy