Corporate governance

Corporate governance

In accordance with the Limited Liability Companies Act and the company's Articles of Association, the administration of Toivo is divided between the company's bodies, such as the General Meeting, the Board of Directors and the CEO. The CEO is assisted in the day-to-day management of the company by a management team.

Toivo also complies with, among others, the Finnish Limited Liability Companies Act and other laws and regulations concerning publicly listed companies in Finland, the rules and guidelines of the European Securities and Markets Authority, the Finnish Financial Supervisory Authority and Nasdaq Helsinki Ltd ("Nasdaq Helsinki"), as well as the company's Articles of Association.

Toivo complies in full with the Finnish Corporate Governance Code 2025 (”corporate governance code”) issued by the Securities Market.