The company’s corporate governance consists of a framework of principles and rules, including its Articles of Association and the Guidelines on Corporate Governance issued in May 2015 by the Iceland Chamber of Commerce, Nasdaq OMX Iceland hf. and the Confederation of Icelandic Employers.
For further information, please refer to the chapter on Corporate Governance in the 2017 Annual Report.
CORPORATE GOVERNANCE DOCUMENTS
Anti-Bribery and Anti-Corruption Policy
Marel's Anti-Bribery and Anti-Corruption Policy applies to Marel's employees, officers and directors, and any contractors, consultants, agents and other business partners that are engaged in business on behalf of Marel.
Articles of Association
The Articles of Association for Marel hf. are published in Icelandic. An unofficial translation in English is also available. In the event of any discrepancies, the Icelandic version shall prevail.
Code of Conduct
Marel's Code of Conduct expresses who we are and what we can expect from each other and our partners. It is an ethical and practical map to guide us.
Compliance officers are appointed by the Board of Directors to ensure that the company complies with its outside regulatory requirements and internal policies.
Rules of Procedures
Marel issues Rules of Procedures for the Board of Directors and its subcommittees, as well as for insider trading.
The Remuneration policy for Marel hf. is approved at Marel’s Annual General Meeting and published subsequently on its website.