Description of corporate governance 2015

VVO Group plc is a public limited company registered in Finland that operates as VVO Group’s parent company.

In its decision-making and administration, VVO Group adheres to Finnish laws and decrees, regulations and VVO Group plc’s Articles of Association. In addition, the Group complies with the administrative principles laid down by the Board of Directors.

This description is presented separately from the Board of Directors’ report.

Corporate Governance

Pursuant to the Finnish Limited Liability Companies Act and VVO’s Articles of Association, control and administration in the company is divided among the shareholders presented at the Annual General Meeting, the Board of Directors and the CEO. The CEO is assisted by the Management Group.

VVO Group plc prepares annual consolidated financial statements, parent company financial statements, and interim reports pursuant to the International Financial Reporting Standards and the supplementary requirements of the Finnish accounting and corporation legislation.