Governance
CapMan is a Finnish limited liability company and its shares are publicly listed on Nasdaq Helsinki. This section includes information about CapMan’s governance principles, Board of Directors, Management Group, remuneration and risk management and General Meetings.
CapMan Group governance
CapMan is a Finnish limited liability company headquartered in Helsinki, Finland. The parent company CapMan Plc and its subsidiaries form CapMan group. CapMan’s shares are publicly listed in Nasdaq Helsinki. CapMan’s governance model consists of the general meeting of shareholders, the Board of Directors and the CEO. In the operative management of the company the CEO is assisted by the management group. CapMan’s Annual General Meeting is the Group’s highest decision-making body.
Governance principles
CapMan Plc complies with the Finnish Corporate Governance Code for listed companies issued by the Securities Market Association and entered into force on 1 January 2020.
The Board of Directors of CapMan Plc is responsible for confirming the Group’s Corporate Governance principles.
Corporate Governance Statement
CapMan’s Corporate Governance Statement is available here and has also been published in the company’s Annual Report.
Corporate Governance Statement 2023
Group Structure
The CapMan Group (the “Group”) is comprised of CapMan Plc and its subsidiaries. CapMan has subsidiaries in Finland, Sweden, Guernsey, Luxembourg, Estonia, the United Kingdom and Cyprus, as well as a branch offices in Denmark, Norway and Sweden. The subsidiaries act primarily as management and/or advisory companies for CapMan funds making direct investments in portfolio companies or in real estate assets. In addition, CapMan Group includes wealth management firm CapMan Wealth Services Oy as well as procurement service organisation CapMan Procurement Services (CaPS) Oy. All CapMan’s subsidiaries including CapMan’s ownership share are listed in CapMan’s Annual Report in the Notes to the Consolidated Financial Statements.
Articles of Association
The current Articles of Association were approved by the Annual General
Meeting on 15 March 2023.
CapMan Plc Articles of Association
General Meetings
CapMan’s Annual General Meeting (AGM) is the Group’s highest decision-making body, where shareholders participate in the steering and supervision of the company and exercise their right to speak, ask questions and vote. The General Meeting decides on matters falling within its competence in accordance with the law and the Articles of Association.
CapMan Plc’s AGM for 2024 was held on Wednesday, 27 March 2024 in Helsinki.
