On July 1, 2005 the Swedish Code of Corporate Governance entered into force. The code is part of Stockholmsbörsen’s listing requirements and applies to companies on the former A-list and those on the O-list with a market capitalization over SEK 3 billion.
Although Cision does not belong in a formal sense to the group of companies
included in the initial introduction of the code, its goal is to comply with applicable sections of the code and its guidelines and self-regulation principles. A revised version of the code will apply as of July 1, 2008 to all companies listed on Stockholmsbörsen and NGM Equity.
In 2007 Cision identified deviations with the code in its current form and drafted a plan to adapt to the code in 2008. This text on corporate governance practices has not been reviewed by the company’s auditors.