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The main duty of the board of directors is to exercise shareholder control over the management and its way of managing the company. The Board of Directors considerations and decisions have the paramount
aim of promoting the interests of the shareholders with regard to value development and return.
Cryptzone’s board of directors includes five members elected by the annual general meeting and in addition, one member coopted by the board of directors. The work is governed by the working procedures that
the board of directors adopts at the board meeting following election each year. The working procedures regulate among other things, how often the board of directors shall convene and what shall be dealt
with on each occasion. The working procedures also make clear the division of labour and responsibilities among the board, the chairman and the CEO. The board of directors has responsibility for determining
strategies and budget as well as for interim reports and year-end reports. In addition, the board has to appoint and dismiss the CEO and resolve upon significant changes in the company’s organisation and
operations.
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