Corporate governance

 

Sanoma Corporation complies with the Finnish Corporate Governance Code issued by the Securities Market Association in 2015. The Finnish Corporate Governance Code is available at www.cgcode.fi.

Sanoma has issued a separate Corporate Governance Statement 2017.

Governance model

Sanoma’s administrative bodies are the General Meeting of Shareholders, the Board of Directors (‘Board’) and its committees, the President and CEO and the Executive Management Group (‘EMG’). Sanoma Group consists of three operating segments, or Strategic Business Units (‘SBUs’): Sanoma Media Netherlands, Sanoma Media Finland and Sanoma Learning. In addition, non-core operations, head office functions, real estate companies and group eliminations are reported under ‘Other companies and eliminations’ in the Group’s financial reporting. Sanoma Corporation is the Parent Company of the Sanoma Group.