Tulikivi Oyj is a Finnish parent company with its registered office in Juuka. The parent company Tulikivi Oyj and its subsidiaries form the Tulikivi Group, which has approximately 200 employees. The group’s operations are divided into three business areas; Fireplaces, Sauna and Interior Stones. Tulikivi’s shares are listed on Nasdaq Helsinki Oy.
Report on the Corporate Governance Statement 2023
The administration of Tulikivi Corporation and its subsidiaries is based on the law, the Articles of Association and the Finnish Corporate Governance Code, which entered into force on 1 January 2020. The company complies with the NASDAQ OMX Helsinki Guidelines for Insiders. This Corporate Governance Statement has been prepared in accordance with the recommendations of the Finnish Corporate Governance Code. The company deviates from the recommendations of the Corporate Governance Code regarding Recommendation 18 Nomination Committee. The composition of the Nomination Committee deviates from the recommendations of the Finnish Corporate Governance Code because Heikki Vauhkonen, the Managing Director, is a member of the Committee. The reason is that Tulikivi is a family company.
Actual general meetings
To Tulikivi Oyj’s knowledge, there are no valid shareholders’ agreements regarding the company’s shares.
Tulikivi corporation’s remuneration policy.
Tulikivi Oyj complies with the Helsinki Stock Exchange’s Insider Guidelines. The board has appointed CFO Jouko Toivanen as insider manager. The company’s insider register is maintained at Euroclear Finland Oy.
The auditor is elected annually at the annual general meeting for a term that ends at the end of the next annual general meeting. KPMG Oy Ab has acted as auditor.