Corporate Governance
Relais Group Plc is a Finnish public limited company. The obligations and the responsibilities of its decision-making bodies are governed by Finnish law. The Relais Group comprises the parent company Relais Group Plc and its subsidiaries. The Company is domiciled in Helsinki.
The highest decision-making authority rests with the Annual General Meeting of the Company’s shareholders. The shareholders elect the members of the Board of Directors and the auditor of the Company at the Annual General Meeting.
The day-to-day operations of the Relais Group are managed by the Board of Directors and the CEO. The Company operates according to a single-tier administrative model. In its decision-making and corporate governance, Relais complies with the Finnish Limited Liability Companies Act, other rules concerning listed companies, Relais’ Articles of Association, and the rules and regulations issued by Nasdaq Helsinki Ltd.
The Company is a member of the Securities Market Association and complies with the Finnish Corporate Governance Code issued by the Securities Market Association. The full Governance Code is available at www.cgfinland.fi.
On 16 June 2026, the Board of Directors resolved to establish two permanent Board committees: the Audit and Risk Committee and the Financing and Investment Committee. The committees assist the Board in preparing matters falling within the competence of the Board and regularly report on their work to the Board.
Audit and Risk Committee
The Audit and Risk Committee assists the Board in overseeing financial reporting, internal control, risk management, sustainability reporting, and the internal and external audit functions. The committee also performs the statutory audit committee duties assigned to it by the Board. The Chair of the committee is Olli-Pekka Kallasvuo, and the members are Maaret Vähätalo-Davey and Katri Nygård.
Financing and Investment Committee
The Financing and Investment Committee assists the Board in the preparation and evaluation of acquisitions, investments, and financing arrangements. The committee may also support the Board and management in connection with significant acquisition and financing processes. The Chair of the committee is Jesper Otterbeck, and the members are Arni Ekholm and Lars Wilsby.
The shareholders assess the need for a Shareholders’ Nomination Committee annually and, where necessary, submit a proposal to the General Meeting.
