Corporate Governance

Husqvarna's overall objective is to create long-term value for its shareholders and other stakeholders. This requires effective corporate governance with an appropriate organizational structure, systems for internal control and risk management, and transparency.

Husqvarna is a Swedish public limited liability company that was listed on NASDAQ OMX Stockholm in June 2006. The Group comprises 118 companies and a total of 152 operative entities in more than 40 countries. The Group is governed on the basis of internal and external regulations that include the Articles of Association of Husqvarna AB, the Swedish Companies Act, the NASDAQ OMX Stockholm's Rule book for issuers, including the Swedish Code of Corporate Governance, and other relevant Swedish and foreign laws and regulations as well as internal codes, policies and guidelines.

Husqvarna applies the Swedish Code of Corporate Governance. No deviations from the code were reported in 2008.

Governance structure