Corporate governance

LapWall Oyj is a Finnish public corporation domiciled in the municipality of Pyhäntä. The Company's shares are listed on the Nasdaq First North Growth Market Finland marketplace maintained by Nasdaq Helsinki Ltd. LapWall complies with the Finnish Limited Liability Companies Act, the Company's Articles of Association and the rules of the Nasdaq First North Growth Market Finland.

In accordance with the Companies Act and the Company's Articles of Association, the administration of the Company is divided between the Annual General Meeting, the Board of Directors and the CEO. Shareholders participate in the management and supervision of the Company through decisions taken at Annual General Meetings.

LapWall is not obliged to comply with the recommendations of the Corporate Governance Code (2025) maintained by the Finnish Securities Market Association. However, the Company endeavours to comply with the recommendations of the Corporate Governance Code where applicable, but does not report its deviations from the recommendations.