The Code applies to all Swedish companies whose shares are listed on a regulated market. The Code defines a norm for good corporate governance on a higher level of ambition than the Swedish Companies Act and other regulations’ minimum requirements. The Code is based on the principle “comply and explain”. This means that Lime is not required to apply every rule of the Code at all occasions but may choose alternative solutions deemed to better respond to particular circumstances, provided that Lime openly discloses all such deviations, describes the alternative solution and states the reason for the deviation. Lime complies with the Code and will disclose any deviations from the Code in the corporate governance report.
The Swedish Corporate Governance Code