Caverion complies with the recommendations of the Finnish Corporate Governance Code issued by Securities Market Association in September 2019, which took effect on January 1, 2020 without exceptions. The Code is publicly available on the website www.cgfinland.fi/en.
Caverion Corporation’s Corporate Governance Statement (“the Statement”) has been prepared pursuant to the Securities Market Act and recommendations of the Finnish Corporate Governance Code 2020 as an independent document from the Report of the Board of Directors.
Caverion’s Remuneration Policy sets the framework for the remuneration of the Board of Directors and the President and CEO. It also describes the company’s remuneration principles and gives Caverion’s investors a clear picture on how remuneration of the governing bodies at Caverion is managed, and how the different remuneration elements relate to the company’s strategy.
Caverion Remuneration Policy 2020 is based on the Finnish Corporate Governance Code 2020 and other applicable legislation. Caverion’s Remuneration Policy was approved by the company’s Annual General Meeting 2020 and shall be applied until the Annual General Meeting 2024, unless earlier replaced with a new or revised version.
The remuneration paid to Caverion's Board of Directors, President and CEO and Group Management Board are disclosed in Caverion remuneration Reports and Statements. The content covers the requirements of the Finnish Corporate Governance Code in force at the time of disclosure.