CORPORATE GOVERNANCE

Dahl Sweden Mobile Technology AB is a Swedish public limited company with head offices registered in Sweden. The company was registered with the Swedish Companies Registration Office on 5 June 2011. The Company complies with the Swedish Companies Act (2005: 551) and other applicable laws and regulations in Sweden..

The basis for the Company’s operations is the articles of association.

The business of the company is to develop, manufacture, import, export and trade in mobile phones, personal computers and accessories as stated in §3 of the Articles of Association.

The AGM adopts the articles of association and annually appoints the Board of Directors. The Board of Directors is responsible for the Company’s organization and administration and appoints or dismisses the CEO. Each year, the Board of Directors adopts a written rules of procedure for its work, combined with a CEO’s instructions for allocating the work between the Board and the CEO. Questions relating to remuneration or auditing are decided directly by the Company’s Board of Directors.

All members of the Board are elected until the next Annual General Meeting. Every individual member of the Board of Directors has the right to resign at any time