Governance principles
Sensofusion Plc is a Finnish public limited liability company whose obligations and responsibilities are governed by Finnish law. Under the Finnish Companies Act and the company’s Articles of Association, the company’s governance and management are distributed between the shareholders, the Board of Directors and the CEO. The company’s domicile is Tuusula.
Sensofusion’s governance complies with the company’s Articles of Association, Finnish legislation, in particular the Finnish Companies Act, the Finnish Accounting Act, securities markets regulations and other decrees and regulations relevant to the governance of a public limited company. In addition, the company’s operations are guided by values and internal operating principles.
The company also complies with the Finnish Corporate Governance Code issued by the Securities Market Association, which entered into force on 30 June 2026, with the exception of recommendation 23 concerning the remuneration of the Board of Directors.
According to recommendation 23, remuneration of a non-executive director shall be arranged separately from the share-based remuneration scheme applicable to the company’s managing director, management team or personnel. The members of the Board of Directors of Sensofusion have been granted option rights as remuneration as part of an option plan intended for members of the Board of Directors, the terms of which correspond, in material respects, to the terms of the option plan prepared for the company’s leadership team and personnel.
Sensofusion considers the deviation from the recommendation justified, as the purpose of the arrangement is to motivate and incentivize the members of the Board of Directors to do their best for the company and to encourage them to work on a long-term basis to increase the value of the company’s shares.
The Finnish Corporate Governance Code is available at www.cgfinland.fi.
