Corporate Governance

SEB has a strong and continuing commitment to the highest standards of corporate governance and ethical conduct.

SEB’s Board of Directors, comprised of 4 inside directors and 6 independent members. SEB’s various committees, including the Corporate Governance Committee; Audit, Risk & Acquisition Committee; and Human Resources and Compensation Committee, which are chaired by independent members, review various financial and regulatory requirements on a regular basis and ensure SEB’s compliance. These Committees also oversee SEB’s various policies and codes, including its Code of Business Conduct and Ethics.

SEB’s compensation policies and procedures have been set by the Board of Directors and the Human Resources and Compensation Committee, and are reviewed regularly.

SEB has also secured Director and Officer Liability Insurance for all directors and officers of SEB and its subsidiaries.