Lime Technologies AB is a Swedish public limited liabilities company. Corporate governance in the company is mainly based on Swedish law, primarily the Swedish Companies Act (Sw. Aktiebolagslagen), Lime’s articles of association and internal policies and instructions. In connection with the listing of the company’s shares on Nasdaq Stockholm, Lime will also apply, for example, the Nasdaq Stockholm rulebook for issuers and the Code (Sw. Svensk kod för bolagsstyrning).
The Swedish Corporate Governance Code
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 will, as of the time of listing of the company’s shares on Nasdaq Stockholm, comply with the Code. The Company will disclose any future deviations from the Code in its corporate governance report.