Governance principles
Lifeline SPAC I Plc is a public limited liability company registered in Finland and subject to Finnish laws. The administration and management of the company is based on the Finnish Limited Liability Companies Act, the company’s Articles of Association, the rules of Nasdaq Helsinki Ltd, securities markets legislation, and other regulations applicable to the company. In addition, the company complies with the Finnish Corporate Governance Code of the Securities Market Association, which came into effect on January 1, 2020.
According to the Limited Liability Companies Act and Lifeline SPAC I’s Articles of Association, the company’s governance and supervision are the shared responsibility of the shareholders, the Board of Directors and the CEO. Additionally, the Management Team assists the CEO in developing business functions and governing operations.
The shareholders of the company exercise their decision-making power in the General Meeting. The company’s financial year is the calendar year.