Corporate Governance

Glaston Corporation’s principles of corporate governance follow the provisions of the Finnish Companies Act, Securities Markets Act and Accounting Act, the company’s Articles of Association and the rules of NASDAQ OMX Helsinki. In addition, Glaston complies with the Finnish Corporate Governance Code for listed companies issued in 2010, with the exception that the company has no committees appointed by the Board of Directors, nor has the company's Board of Directors a female member at present. The Finnish Corporate Governance Code is publicly available at the internet address www.cgfinland.fi. Glaston also applies the NASDAQ OMX Helsinki Guidelines for Insiders and the Finnish Financial Supervisory Authority’s regulations and guidelines. In addition, operations are guided by Glaston’s own operating principles and policies, and the company’s values.

The Corporate Governance Statement 2011 is presented as a separate report and was disclosed together with the annual report and the financial statements.