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2.
Encouraging and adopting the transparency screen initiative, which aims to
monitor and analyze the data on the stock movement (buying and selling) for
senior shareholders and some other segments (Board members, Senior Executives,
investment funds, government share) and periodically publishing their results on
the Company's website and any other means of publication that Savola deems
suitable to reach the largest number of shareholders.
c)
Spokesperson for the Savola Group:
1.
The CEO or Managing Director (if any) is the Company's spokesperson before all
media, the public and the investor community. From time to time, he may appoint
another person from within the Company to speak on behalf of the Savola Group
or to respond to certain inquiries when necessary.
2.
No one other than the CEO or the Managing Director (if any) and the people
assigned thereby may make any public statements on the following:
a.
Savola Group Strategies and Plans;
b.
Savola Group Operations and Activities;
c.
Financial performance (current and future) and investment
opportunities in general;
d.
Production capacities;
e.
Litigations; and
f.
Decisions on acquisition, merger, restructuring, selling, and exit from
certain investments and other important strategic initiatives provided
by the Savola Group.
3.
The Board members and all Savola Group employees who are not authorized to
speak on behalf of the Company shall refer all requests received from financial
institutions, shareholders and various media to the authorized person to speak on
behalf of the Company.
11) Review of the policy of information disclosure and transparency
The Board shall periodically – and whenever necessary - conduct a review of this policy
to ensure its compliance with rules and regulations and satisfy the requirement of various
stakeholders.
Twelfth.
Retaining of Documents
Savola shall retain all minutes, documents, reports and other papers required to be
maintained in the company's head office for at least ten years as per these Regulations.
This shall include the Board report and audit committee report. Without prejudice to this
period, Savola shall, in case of any lawsuit (filed or threatened to be filed) or ongoing claim
or any investigation relating to those minutes, documents, reports and other papers, shall
maintain them until the end of the ongoing lawsuit, claim or investigation.
Thirteenth.Final Provisions (Publication and Enforcement)
This CG Manual shall be implemented and complied with by Savola Group upon
approval of the Board and shall be published on the Company website.
