Corporate governance

Board of Directors

During 2025, the Board of Directors consisted of seven members elected for a one-year term by the General Meeting. At an Extraordinary General Meeting held on 22 August 2025, Claus Egstrand was elected as a member of the Board of Directors. According to the Articles of Association, the Board of Directors shall consist of at least three and a maximum of ten members with a maximum of ten deputies. The Board of Directors elects its officers at a meeting held immediately after the Annual General Meeting.

Board meetings

During 2025, the Board of Directors held 18 minuted meetings, of which 6 were held per capsulam. The meetings addressed, among other things, the company’s financing, interim reports, strategy, financial targets, organization, and regulatory matters.. The CEO and CFO regularly participate in the board meetings and other executives participate when necessary. At least one of the board's regular meetings during the year is attended by the company's auditor, which happened in connection with the year-end report when the board also met the auditor without the company's management present.

Committees

Audit Committee

In 2016 the Board of Directors established an Audit Committee comprising board members. The Audit Committee today consists of Helene Willberg (Chair) and Louise Nicolin.

The Audit Committee is responsible for quality assurance regarding the company’s financial reporting and for work concerning internal control at Enzymatica. The Audit Committee is also responsible for the Board’s ongoing communication with the company’s auditors, adoption of guidelines for what services are to be purchased from auditors in addition to auditing, evaluating the audit engagement, assisting the Nomination Committee in preparing proposals for the auditor and fees for the audit engagement.

Remuneration Committee

In 2016 the Board of Directors established a Remuneration Committee comprising Board members Mats Andersson (Chair), Gudmundur Pálmason and Bengt Baron.

The Remuneration Committee addresses matters concerning remuneration and benefits for senior executives, including the CEO.  Mats Andersson is Chair of the Remuneration Committee.