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Corporate governance

Axfood AB (publ.) (“Axfood”) is a Swedish, public stock corporation domiciled in Stockholm. Axfood’s shares have been traded on Nasdaq Stockholm since 1997.

Axfood's Articles of Association was approved at the Annual General Meeting on 24 March 2021.

Axfood's supreme governing body is the Annual General Meeting, where every shareholder has a right to participate. All shareholders have the right to have a matter taken up for consideration by the AGM.

The Nominating committee is established according to the principles resolved by the AGM.

Here you will find information about the Boards' work, remuneration and potential changes to the Board of Directors at Axfood.

Axfood shall offer compensation that is in line with the going rate in the market and is based on factors such as the importance of the work duties and the executive’s expertise, experience and performance.

The Board of Directors is ultimately responsible for ensuring that the Group has an effective system for risk management and internal control.

The auditors review the annual report, the bookkeeping, and the Board’s and President’s administration of the Company and report to the Annual General Meeting.

The Audit Committee is an annually appointed body within the Board.