English

The recommendations on Corporate Governance are aimed primarily at Danish companies whose shares are admitted to trading on a regulated market. The objective is that the recommendations are appropriate for such companies and comply with Danish and EU company law etc., OECD's Principles of Corporate Governance and recognised best practice.

The recommendations are based on, and supplement, company law and stock exchange regulation, and such rules and regulations are presumed known.

The recommendations or parts hereof may provide inspiration for non-publicly traded companies. For example state-owned companies, other companies of special public interest and certain companies owned by funds.

The recommendations enable the individual company to organise its governance optimally in accordance with the 'comply or explain' principle. Thus, non-compliance is not inconsistent with the spirit of the recommendations, but merely a result of the fact that the company has chosen a different approach.

Recommendations for corporate governance

Recommendations by the Committee are best practice guidelines for the management of companies admitted to trading on a regulated market, including NASDAQ OMX Copenhagen A/S.

Reporting

This form for reporting on the recommendations on corporate governance is meant as a tool for Danish companies.

Compliance

Once a year, the Committee reviews corporate governance reports from a selected group of listed companies.