The revised Swedish Code for Corporate Governance became effective as of 1st of February 2010 and includs all companies which are listed on a regulated Swedish market, there among MSAB. The Code is a supplement to the rules of the Swedish Act for Financial for Financial Reporting regarding a company's organisation, but also to the relatively comprehensive self regulation that exists concerning corporate governance issues. 

MSAB adheres to the Code and annually releases a coporate governance report which is included in the annual report, but is not within the scope of the auditing plan.