Tikkurila Oyj’s corporate governance is
based on the Articles of Association, the Finnish Companies Act and
NASDAQ OMX Helsinki Ltd’s rules and regulations on listed companies.
Furthermore,
the Company complies with the Finnish Corporate Governance Code. The
Finnish Corporate Governance Code is publicly available at
www.cgfinland.fi.
For the most up-to-date information on Tikkurila’s Corporate Governance, please refer to our website.
In
March 2010, Tikkurila Oyj was spun off out of Kemira Oyj, and listed on
the Helsinki Stock Exchange on March 26th, 2010; hence, the legal
status of the Company was changed from Oy (limited liability company) to
Oyj (public limited liability company). Therefore, from March 2010, the
regulations related to listed public entities have been applied to
Tikkurila as an independent entity.