Recommendations on Corporate Governance
In 2013 the Danish Committee on Corporate Governance made a revision of its Principles of Corporate Governance. In November 2014, the Committee on Corporate Governance published its revised Recommendations on Corporate Governance and the Danish Stock Exchange has incorporated these recommendations in its Rules for Issuers of Shares. The revised Recommendations on Corporate Governance of November 2014 are available at: www.corporategovernance.dk
The recommendations are aimed at Danish companies whose shares are admitted to trading on a regulated market, as such companies have chosen to be publicly traded companies. For shareholders and other stakeholders to be able to assess the circumstances in publicly traded companies, transparency is important.
Pursuant to the rules above, companies must therefore adopt the recommendations based on the ‘comply-or-explain’ principle and prepare an annual report stating which recommendations they have complied with and which they have chosen to deviate from and why. RTX's supervisory board has prepared their statutory annual reports and they are available for download below: