Board’s work

The Board of Directors is ultimately responsible for the company’s organisation and administration. Its work supports longterm value creation, transparency and regulatory compliance through clear processes for risk management, internal control and sustainability. The Board has two committees: the Audit Committee reviews controls and reporting, while the Remuneration Committee handles remuneration and incentive matters.

Responsibilities and key functions 

• The Board oversees the Group’s organisation, management and longterm development in accordance with the Swedish Companies Act, the Nasdaq Stockholm rulebook for issuers and the Swedish Corporate Governance Code. 
• The Board ensures that all shareholders’ interests are safeguarded and that the company operates with openness, accurate information and good market practice. 
• The Board sets Alligo’s overall strategy and monitors objectives, risks and performance and holds ultimate responsibility for the Group’s sustainability efforts. 
• It ensures that effective systems for internal control, risk management and operational followup are in place. 
• It makes decisions on major investments, acquisitions, divestments, share repurchases and remuneration matters concerning Group Management. 
• It approves the materiality analysis, sustainability targets and Groupwide policies, as well as the integration of sustainability matters into the business. 

Governance framework 

Each year, the Board adopts written rules of procedure that define the distribution of responsibilities within the Board, the work of its committees, the decisionmaking structure and meeting processes. These rules also set requirements for reporting, financial reporting instructions and the relationship between the Board and the CEO.  

The CEO’s instructions regulate decisionmaking authority in areas such as investments, acquisitions and financing. The Board also approves all Groupwide policies, including the financial policy, privacy policy and Code of Conduct. 

Followup and control 

The Board monitors business, financial and sustainability developments through regular reporting. It ensures that the organisation and management structure are appropriate and that the company complies with applicable laws, regulations and internal guidelines. 

A strong focus is placed on maintaining effective internal control and ensuring that risks are identified, assessed and managed in a structured way. 

Annual evaluation 

The Board’s work is evaluated annually under the leadership of the Chair to ensure effective board practices, support method development and maintain a wellbalanced composition of competencies. The evaluation includes sustainability matters and is presented to the Nomination Committee ahead of the next Annual General Meeting.  

The Board also conducts an ongoing evaluation of the CEO’s performance.