Corporate governance in XMReality is based on Swedish legislation, the Articles of Association, the regulations for Nasdaq First North Growth Market and other applicable rules and recommendations.
The Swedish Code of Corporate Governance (the “Code”) does not currently need to be applied by companies whose shares are traded on the Nasdaq First North Growth Market. The Board of Directors of XMReality currently intends to apply the Code in those parts where it is considered relevant to the Company and its shareholders, and taking into account the nature and scope of the business.
Board of Directors
According to the Articles of Association, XMReality's Board of Directors shall consist of a minimum of three (3) and a maximum of six (6) members, with a maximum of two (2) deputies. The company's board currently consists of five (5) members, including the chairman of the board. All board members are elected until the end of the next AGM. The Board members are listed below with information on year of birth, education and experience, year of election to the Board, and Share and warrant holdings. Share and warrant holdings in the Company include own direct and indirect holdings as well as related party holdings.