Corporate Governance Practices

Updated: March 9th, 2021.

Trainers’ House Plc is a public limited company registered in Finland and domiciled in Helsinki. The company complies with the Finnish Corporate Governance Code for Listed Companies approved by the Finnish Securities Market Association, with possible exceptions. The complete code is available on the Internet at In 2020, the company complied with the code that came into force on January 1st, 2020.

The diversity of the Board of Directors enables the introduction of different perspectives in decision-making, as well as the high-quality operation of the Board of Directors and promotes effective management control. Trainers’ House strives to ensure that the board is made up of responsible and skilled individuals with diverse professional and educational backgrounds, diverse experience in different markets and business areas, and more than one gender. In addition, from the company’s perspective, it is important that the Board represents expertise in key areas for the company’s operations and development, such as training, digitalisation and communications. The decision on the election of Board members is always made at the Annual General Meeting. The company has promoted board diversity by electing members who meet the above requirements.

The Group’s management is governed by Finnish law and the Articles of Association, according to which control and administration are divided between the Annual General Meeting, the Board of Directors and the CEO. The highest decision-making bodies of the Trainers’ House Group are the Annual General Meeting and Board of Directors of the parent company, Trainers’ House Plc, and the CEO. At the Annual General Meeting, the shareholders annually approve the company’s financial statements, decide on the distribution of earnings and the election of the members of the Board of Directors and the auditor and their remuneration. The Annual General Meeting of Trainers’ House Plc is convened by the Board of Directors.