Our company

Corporate Governance

Paradox Interactive AB (publ) is a Swedish public limited liability company and is governed based on Swedish law and internal rules and regulations.

The Swedish Code of Corporate Governance is applicable for Swedish companies with shares listed on a regulated market in Sweden. Nasdaq First North Growth Market where the company is listed is not a regulated market but requires companies to apply the Code. Companies must not comply with all rules in the Code, and has the option to apply alternative solutions believed to better fit their purposes, as long as any discrepancies are reported and the alternative solution is described and reasons behind it explained (the principle of ”comply or explain”) in the corporate governance report.

Remuneration guidelines

The Annual General Meeting in Paradox Interactive AB adopts guidelines for remuneration and other terms of employment for the company’s senior management. The 2022 Annual General Meeting adopted the Board of Directors’ suggested remuneration guidelines. These establish that remuneration of senior management shall be on market terms and competitive on the markets on which the group conducts operations and shall at the same time benefit the shareholders’ interests. The remuneration to the senior executives may consist of a monthly salary, a variable salary, pension benefits and other customary benefits. The senior executives are also included in the group-wide profit-sharing program for all permanent employees, on terms no more favourable than those which apply for all employees. In addition, the general meeting may resolve on, for example, share and share based remuneration irrespective of these guidelines.

For the complete guidelines, please see Annual General Meeting 2022.