General
M-real Corporation (M-real or company) is a Finnish public limited company, whose A and B series shares are subject to public trading on the Mid Cap list of NASDAQ OMX Helsinki Ltd (Helsinki Stock Exchange). M-real’s administration is governed by Finnish laws and the regulations and rules set out pursuant to such laws. M-real also follows NASDAQ OMX Helsinki Ltd’s rules and recommendations as applicable to listed companies. As a Finnish listed company, M-real applies the Finnish Corporate Governance Code (www.cgfinland.fi).
M-real prepares its financial statements and interim reports according to the International Financial Reporting Standards (IFRS). The financial statement documents are published in Finnish and English.
M-real’s headquarters are located in Espoo, Finland. The Company’s registered domicile is Helsinki.
The Company’s statutory bodies are the General Meeting of Shareholders, the Board of Directors and the CEO. In addition, a Corporate Management Team assists the CEO in the operative management of the company and coordination of its operations. The tasks and responsibilities of the different bodies are specified pursuant to the Finnish Companies Act.
In M-real’s existing organisation published in January 2012, business areas are defined such that each business area is responsible for both its own sales as well as production, and thus has a clear profit responsibility. M-real’s business areas are Paperboard and Paper and Pulp.