Corporate Governance

Group structure

Tecnotree Corporation is a Public Limited Liability Company that is registered and domiciled in Finland. Tecnotree Group comprises Tecnotree Corporation (hereinafter referred to as Tecnotree) and its subsidiaries. Tecnotree's main subsidiaries are Tecnotree Ltd, Ireland, Tecnotree Sistemas de Telecommunicação Ltda, Brazil, Tecnotree (M) Sdn Bhd, Malaysia, Tecnotree GmbH, Germany, Tecnotree Spain SL and Tecnotree Convergence Ltd, India.

Ultimate responsibility for the Group’s administration and operations lies with Tecnotree's statutory governing bodies, namely the General Meeting convened by shareholders, the Board of Directors, and the President and Chief Executive Officer. The President and CEO is assisted by the Group’s Management Board.

Corporate management consists of the President and CEO, the members of the Management Board, and the managers and experts responsible for other corporate management duties.

The Group’s parent company Tecnotree Corporation is responsible for the Group’s administration, strategic planning, finance, financing and investor relations, and provides corporate services for the operational business units.

Applied laws and regulations

Tecnotree Corporation complies in its administration and decision-making with Finnish Companies Act, Finnish Securities Market Act and other regulations concerning publicly traded companies as well as the company's Articles of Association.
 
The company also complies with the Finnish Corporate Governance Code's recommendations for companies listed on the NASDAQ OMX Helsinki Ltd and which are published jointly by the Central Chamber of Commerce of Finland and the Confederation of Finnish Industry EK.

Further, the company complies with the insider regulations of the NASDAQ OMX Helsinki Ltd.

For more information, please e-mail info@tecnotree.com.