In accordance with the Articles of Association, the Board of Directors shall consist of a minimum of five and a maximum of nine members. The terms of office of all members will run from their election to the end of the following Annual General Meeting. The Board is responsible for electing a Chairman from among its members.
Fiskars’ Board of Directors is responsible for managing the Company in accordance with the law, official regulations, the Articles of Association, and decisions taken by the Annual General Meeting of Shareholders. Under the Charter approved by the Board of Directors, the Board is responsible for the following activities:
The Board convenes 8–9 times a year according to a pre-confirmed timetable, with additional meetings whenever necessary.Most meetings are connected with the publication of the Company’s financial statements and interim reports, strategy and budget cycle or the Annual General Meeting. The Board also holds a strategy meeting at which it considers the Group’s future scenarios and confirms the Company’s strategy. The Board usually conducts one or two of its meetings at rotating Fiskars locations, focusing on a specific business area.
The Board conducts an annual self-evaluation of its work and cooperation with management, facilitated by an external expert.