Corporate Governance

In its corporate governance, Citycon complies with the Finnish Limited Liability Companies Act and the Finnish Corporate Governance Code issued by the Securities Market Association. The Code is available on the Securities Market Association's website at www.cgfinland.fi.

The Corporate Governance Code is accompanied by Citycon's Corporate Governance Guidelines which comprise the rules of procedure for decision-making bodies and guidelines for the division of tasks between the Board of Directors and the Board Committees, the CEO and the Corporate Management Committee as well as for the arrangement of internal control and risk management.

Citycon's decision-making bodies assuming ultimate responsibility for the Group's management and business include the General Meeting of shareholders, the Board of Directors and the CEO. The Corporate Management Committee assists the CEO in managing the company's operative business. The Board of Directors' work is supported by four Board committees.

Corporate Governance Statement

The company issues annually the Corporate Governance Statement of the Citycon Group for each financial year concurrently with the publication of the company's Financial Statements and the Report by the Board of Directors in compliance with the Finnish Corporate Governance Code. Statement for the financial year 2011 was issued on 8 February 2012.

Corporate Governance Statement 2011

Corporate Governance Statement 2010

Corporate Governance Statement 2009

• General Meeting of Shareholders
• Board of Directors
• Board of Directors’ work
• Board Committees
• Audit Committee
• Nomination and Governance Committee
• Remuneration Committee
• Strategy and Investment Committee
• Remuneration of Board members
• CEO
• Corporate Management Committee
• Remuneration of the CEO and Corporate Management Committee
• Insider Administration
• Internal Control
• Risk Management Principles
• Internal Audit
• Audit
• Communications