Corporate governance

Neste Oil observes good corporate governance practices in accordance with the laws and regulations applicable to Finnish listed companies, the company’s own Articles of Association and the Finnish Corporate Governance Code. Neste Oil aims to implement best practices in all its operations, living up to its values of responsibility, cooperation, innovation, and excellence.

This Corporate Governance Statement has been prepared pursuant to Recommendation 54 of the Corporate Governance Code 2010 and Chapter 2, Section 6 of the Securities Markets Act. The Corporate Governance Statement is issued separately from the company’s Review by the Board of Directors.

Neste Oil abides by the principles of good corporate governance within the framework of Finland’s Companies Act, its own Articles of Association, and the Governance Code covering listed companies in Finland, as it is introduced. Furthermore, Neste Oil complies with the rules of NASDAQ OMX Helsinki Ltd, where it is listed, and the rules and regulations of the Finnish Financial Supervisory Authority. Neste Oil’s headquarters is located in Espoo, Finland.

Neste Oil issues consolidated financial statements and interim reports in accordance with the International Financial Reporting Standards (IFRS), as adopted by EU, the Securities Markets Act, as well as the appropriate Financial Supervisory Authority’s standards and NASDAQ OMX Helsinki Ltd’s rules. The company’s Review by the Board of Directors and Parent Company’s financial statements are prepared in accordance with the Finnish Accounting Act and the opinions and guidelines of the Finnish Accounting Board.

The auditor’s report covers the Review by the Board of Directors, consolidated financial statements, and the parent company financial statements.