Board of Directors

The Board of Directors of Volvo Cars is responsible for Volvo Car Group’s organisation and the management of its business worldwide and is obliged to follow directives provided by the General Meetings. The Board of Directors shall further ensure that the company applies the Code and complies with applicable laws, Nasdaq Stockholm’s rulebook for issuers, the listing rules of Luxemburg Stock Exchange, the company’s Articles of Association and the regulations for the work of the Board. The chairperson of the Board directs the work of the Board and monitors the Board’s fulfilment of its obligations. A Vice Chairperson has been appointed to support the Chairperson as appropriate. The Board annually adopts regulations for the work of the Board, which set out the principles on governance and describes the work of the Board and its committees. In accordance with the regulations for the work of the Board, the Board is expected to meet six to eight times per year at venues to be agreed by the Board.