Annual report


The board has not established a policy for its response to possible takeover bids. The board and management will seek to treat any takeover bids for the Company’s activities or shares in a professional way and in the best interest of the Company’s shareholders. If such circumstances arise, the board and the Company’s management will seek to treat all shareholders equally, take action to ensure shareholders receive sufficient and timely information to consider the offer and otherwise abide by the principles of the Corporate Governance Code.

Deviations from the Code: No policy developed, but intention described above.