Financial risk management

Through its operations the Group is exposed to various types of financial risk, such as market risk, liquidity risk and credit risk. The main market risks are interest-rate risk and currency risk. The company’s Board of Directors has the ultimate responsibility for exposure, management and monitoring of the Group’s financial risk.

The frameworks that apply to exposure, management and monitoring policy adopted in 2016, which is revised annually. In the financial policy, the Board has delegated responsibility for day-to-day risk management to the company’s CFO. The Board may decide to deviate temporarily from the established financial policy.