Corporate Governance
Heimstaden AB is a Swedish limited liability company who has its preference shares listed in Nasdaq First North Growth Market Stockholm. It also has corporate and hybrid bonds issued on Nasdaq Stockholm and Euronext Dublin.
The Company is governed by its Articles of Association, the Swedish Companies Act, Nasdaq First North Growth Market Rulebook for Issuers of Shares, the Swedish Code of Corporate Governance and other applicable laws and rules.
A sound corporate governance creates conditions for Heimstaden AB to have a responsible management over its investments. It also provides for a clear and efficient division of responsibility between executive bodies of the Company, allowing the Company to realise business opportunities and create responsible and sustainable growth.
Heimstaden AB annually publishes its corporate governance report, available in our Annual and Sustainability Report.
Control Structure
General Meetings
The General Meeting is the highest decision-making body of Heimstaden. All shareholders have the right to participate and have a matter taken up for consideration at the General Meeting.
Shareholders who wish to participate in a general meeting must be included in the shareholder register maintained by Euroclear Sweden on the day falling five workdays prior to the meeting, and notify the Company of their participation no later than the day stipulated in the notice convening the meeting.
The Board
The Board is responsible for overseeing and organising the Company’s strategy, operations, and risk management, securing the best interests of the Company and its shareholders. Per the Articles of Association, the Board shall comprise of three to fifteen members with up to five deputies, and currently consists of four ordinary members.
The Board has adopted Rules of Procedure, as well as instructions to the Co-CEOs, defining the division of responsibilities between the Board and the Co-CEOs. The Board’s work follows an annual board wheel and financial calendar.
Read more about the Board and its work in the Annual Report.
Executive Management
The Executive Management consists of seven members, presented below, and is responsible day-to-day management of the company, development and implementation of strategies and policies, and timely reporting to the Board of Directors and Heimstaden AB’s shareholders.
Auditor
According to the Articles of Association, Company shall have one or two auditors. Earnst & Young AB was elected by the general meeting as auditor for the period up until the end of the Annual General Meeting 2026. The auditor in charge is authorised public accountant Jonas Svensson.