Investor Presentaiton
nuuday
In brief
Business and strategy
Performance
Corporate governance
Financial statements
Corporate governance statement
We work proactively with corporate governance and aim
to provide transparency for our stakeholders as a means of
ensuring our long-term value creation.
Our governance model
In accordance with Danish legislation,
Nuuday has a two-tier management
structure consisting of a Board of Direc-
tors and an Executive Committee (the
Executive Leadership Team). The Board
of Directors is responsible for the overall
direction of the company and for ap-
pointing a competent Executive Leader-
ship Team. The Executive Leadership
Team is responsible for the day-to-day
management of the company. The re-
sponsibilities and duties between the
Board of Directors and the Executive
Leadership Team are clearly outlined
and described in the Rules of Procedure
for the Board of Directors and the Rules
of Procedure for the Executive Leader-
ship Team.
The Board of Directors
Nuuday's Board of Directors is composed
of six members elected by the General
Meeting. Three additional members are
elected by the employees, bringing the
number of board members to a total of
nine. The board members elected by the
General Meeting are up for election
every year and may be re-elected.
Pursuant to Danish legislation, Nuuday
employees are entitled to representa-
tion on the Company's Board of
Directors in the form of employee-
elected board members equivalent to
half of the total number of board mem-
bers elected at the General Meeting.
The employee-elected board members
are elected for a four-year period, and
have the same rights, obligations and
responsibilities as the board members
elected by the General Meeting.
Nuuday's Board of Directors believes
that diversity in general strengthens the
Board and seeks to reflect this balance
in the composition of the Board. As part
of the Board of Directors' evaluation, the
Board also assesses whether the board
members have the required skills and ex-
perience or if members' expertise should
be updated in some respects.
The gender composition among the
board members elected by the General
Meeting was 66.67% male and 33.33%
female on 31 December 2022, and thus
the Board of Directors has achieved its
objective that among board members
elected by the General Meeting, both
genders shall be represented by at least
33% by the end of 2023.
Board committees
Judo
The Board of Directors has established a
Compensation & Nomination Committee,
an Audit Committee and a Health &
Safety Committee to supervise certain
fields and prepare cases to be decided
on subsequently by the Board of
Directors.
Whistleblower scheme
Nuuday has been covered by TDC Hold-
ings' whistleblower scheme since 2011.
In 2021, Nuuday adopted a separate
whistleblower scheme. Our employees
and partners now have access to swiftly
and confidentially - and if required,
anonymously - submit reports of viola-
tions or potential violations via a special
independent and autonomous channel to
an independent, autonomous whistle-
blower unit.
Nuuday Annual Report 2022
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