Avdelare

23-05-11

Comments on Ministry of Justice memorandum "Digital Company and Association Annual General Meetings"

The Swedish Corporate Governance Board ("the Board") was invited to submit comments on the memorandum entitled Digital Corporate and Association Annual General Meetings (Ju2023/00484). The Board believes that companies whose shares are admitted to trading on a regulated market should continue to be required to hold in-person shareholders’ meetings, regardless of whether digital participation is possible or not.

The Swedish corporate governance model is characterised by the supreme role of the shareholders and the shareholders’ meeting. In the worst-case scenario, removing the requirement to hold an in-person shareholders’ meeting could undermine this key strength of the Swedish corporate governance model.

 Read the Board's submitted comments here.

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