Wihlborgs Corporate Governance
Wihlborgs Fastigheter AB is a Swedish public limited company with its registered address in Malmö, Sweden. Wihlborgs applies the Swedish Corporate Governance Code (the Code).
For us at Wihlborgs, transparency is important in our information to shareholders and the capital market. This enables us to increase understanding of our processes and decisions. Our corporate governance comprises well-functioning policies that enable fast and efficient leadership of operations. A favourable division of roles and responsibilities between owners, the Board and the management creates the prerequisites for reaching the pre-defined operational targets. If a company deviates from the rules contained in the Code, the company must both describe and explain the deviation in line with the comply or explain principle.
Group Management
Wihlborgs' group management currently consists of eight people.
See group management hereNomination Committee
The nomination committee for Wihlborg's annual general meeting in 2024 consists of Göran Hellström (Backahill AB), Elisabet Jamal Bergström (SEB Investment Management AB), Johannes Wingborg, (Länsförsäkringar Fondförvaltning) and Caroline Sjösten (Swedbank Robur funds).
Shareholders who wish to contact the committee should do this by email to, valberedningen@wihlborgs.se or by post to Wihlborgs Fastigheter AB, Valberedningen, Box 97, SE-201 20 Malmö, Sweden.
Principles for appointing members of the Nomiation Committee (pdf)
Auditing
The auditor must examine the Company's annual report and bookkeeping, as well as the as the administration by the Board and Chief Executive Officer.
At the end of each financial year, the auditor must submit an auditor's report to the Annual General Meeting. The auditor presents to the Board both an audit plan for the year and opinions on the closing accounts. Auditors are appointed by the Annual General Meeting based on a proposal from the Nomination Committee.
Auditor
Richard Peters from the auditing and consulting firm Deloitte AB is the principal auditor for Wihlborgs. He was elected at the 2023 Annual General Meeting as the principal auditor until the 2024 Annual General Meeting.
Audit Committee
With the exception of the Chairman of the Board, the full Board comprises the audit committee.
Financial targets
| Target | Outcome January-december 2023 |
| A return on equity that exceeds the risk-free interest rate by not less than six percentage points, which for the beginning of 2023 corresponds to 8.51 percent | -0,1 |
| An equity/assets ratio of no less than 30 percent | 39,0 |
| An interest coverage ratio of no less than 2,0 | 2,8 |
| The loan-to-value ratio is not to exceed 60 percent | 50,0 |
Do you want to know more about our corporate governance?
We are happy to answer your questions.
