In addition to the applicable legislation governing the operations of public limited companies, Kreate complies with the Finnish Corporate Governance Code of the Finnish Securities Market Association and does not intend to deviate from any of its recommendations. Kreate also subjects to Nasdaq Helsinki’s rules and regulations specific to issuers of shares.

Pursuant to the provisions of the Finnish Companies Act, the control and management of Kreate are divided between the General Meeting and the Board of Directors. The ultimate decision-making authority lies with the shareholders at the Annual General Meeting, which appoints the members of the Board of Directors and Kreate’s auditor. The Board of Directors is responsible for the administration and the proper organisation of the operations of Kreate. The duties and accountability of the Board of Directors are determined primarily under the Articles of Association and the Finnish Companies Act. The President and Chief Executive Officer (the “CEO“) and a deputy CEO of Kreate are appointed by Kreate’s Board of Directors. In addition, the Management Team assists the CEO in the operations of Kreate.