The Board of Directors and the Executive Board of H+H International A/S believe that continued good corporate governance requires constant alignment of management and company practices and processes etc. to changes in legislation, general practices and recommendations as well as the expectations of employees and external stakeholders such as shareholders, customers, suppliers and society in general. The ongoing corporate governance evaluation includes review of the company’s business concept, business procedures, goals, organisation, capital position, stakeholder relations, risks and the exercise of control.
As part of the ongoing corporate governance evaluation, and at least once a year, the Board of Directors considers the Danish Committee on Corporate Governance’s recommendations for corporate governance. As required for a listed company on NASDAQ OMX Copenhagen under the rules for issuers of shares, H+H International A/S reports on compliance with the Danish Committee on Corporate Governance's recommendations using the "comply or explain"-principle. The reporting is made as part of the statutory annual corporate governance statement, cf. Section 107 b of the Danish Financial Statements Act.