Corporate Governance
Bavarian Nordic remains focused on good corporate governance and
have implemented the recommendations of the Committee on Corporate
Governance (Komitéen for god selskabsledelse) as the code to
follow for companies listed on NASDAQ OMX.
The Company relates to the most recent recommendations which
were updated and issued by the committee in 2010. The current
recommendations are found here:
Recommendations of the
Committee on Corporate Governance
Executive Management believes that the Company is operated in
compliance with the guidelines and recommendations that support the
Company's business model and that can create value for Bavarian
Nordic's stakeholders. Management monitors regularly and at least
once a year adherence to the recommendations on corporate
governance in order to ensure the best possible utilisation of and
compliance with the recommendations and legislation.
The Company complies with all of the "Recommendations on
Corporate Governance" with a few exceptions. Further
information is available below.
Statutory annual corporate governance statement, cf. Section 107b
of the Danish Financial Statements Act covering the financial
period 1 January to 31 December 2010
Lovpligtig redegørelse for virksomhedsledelse jf.
årsregnskabslovens § 107 b for perioden 1. januar til
31. december 2010