Board of Directors

The overall duty of the Husqvarna Board of Directors is to manage the Group's affairs so as to satisfy the owners' interests in terms of a good long-term return on capital to the greatest possible extent. The Board's work is governed by rules and regulations including the Swedish Companies Act, the Articles of Association, the Swedish Code of Corporate Governance and the rules of procedure established by the Board.

The Board decides on issues related to the Group's main goals, strategic orientation and major policies, and on other important issues related to financing, investments, acquisitions and divestments. The Board monitors and deals with, inter alia, follow-up and control of Group operations, and Group communication and organization, including evaluation of the Group's operative management. The Board also has the overall responsibility for establishing an effective system for internal control and risk management.