Corporate Governance

Corporate governance refers to the entire system for managing and supervising a company, including its organization, its commercial principles and guidelines, as well as all internal and external regulatory and monitoring mechanisms. Effective and transparent corporate governance guarantees that Vizrt Ltd. is managed and monitored in a responsible and value-driven manner. This fosters the confidence of our domestic and international investors, the financial markets, our customers and other business partners, employees and the public in the company.

In its annual corporate governance report, Vizrt explains how it complies with the Norwegian Code of Corporate Governance, which was adopted in 2004 and last revised in 2009.

2010 Corporate Governance Report  

Audit committee:

The company complies with the legislation on audit committees:

Article 41 ofthe EU Statutory Audit Directive (2006/43)

Pursuant to Article 41 of the Statutory Audit Directive, the company’s audit committee is established by:

Members of the company’s Board of Directors

Members of the audit committee:       

Björn Olafsson*, Chairman
Thomas Falck*
Tali Aben

*Independent members with competence in accounting and/or auditing

Norwegian Code of Practice for Corporate Governance

Corporate Governance Code 2010

Norwegian Corporate Governance Board - NUES