Corporate documents

Below are the most important documents defining the company’s rules of operation, the responsibilities and powers of its statutory bodies, as well as the relationship between them.

The Company is not required to apply corporate governance principles in accordance with the provisions of the Accounting Act.

On April 12, 2024, the Management Board of MBF Group SA, based in Warsaw, made public the Company’s statement on the scope of corporate governance principles observed by the Issuer, included in the Appendix to Resolution No. 1404/2023 of the Management Board of the Warsaw Stock Exchange, dated December 18, 2023. “Good Practices of Companies Listed on NewConnect 2024”.

 

 

The company is adopting a business model and business strategy that should take into account the expectations of shareholders and meet the needs of stakeholders, including, to the extent appropriate to the type and scale of its operations, consideration of ESG issues.

The Company maintains a transparent and reliable information policy and ensures systematic, proper communication with investors and analysts.

The supervisory board and management are critical to the proper functioning of the company, its long-term development, the achievement of strategic goals and satisfactory results. With a view to ensuring the highest standards in the management and supervision of the company, those who make decisions on the election of members of the management board or supervisory board strive to ensure the comprehensiveness and diversity of these bodies, including in terms of education, specialized knowledge, professional experience and gender, so that the management board and supervisory board appoint persons with the qualifications, competence and experience necessary for these bodies to properly discharge their duties and responsibilities.

While maintaining independence of opinion and judgment, management and supervisory board members should act in the interest of the company.

Effective internal control, risk management, compliance supervision and internal audit solutions, appropriate to the size of the company and the type and scale of its operations, are indispensable tools for the actual supervision of the company.