Corporate governance

Our approach

UIE is committed to sound corporate governance, transparent decision-making and open communication with shareholders and other stakeholders. The Board of Directors and Management aim to provide timely and relevant information about the company’s operations, financial performance and future expectations.

UIE regularly reviews its governance practices to reflect developments in applicable laws, regulations and recommendations, and to maintain a high level of transparency.

Key governance documents

View all governance documents

How UIE is governed

Our corporate governance is built on clear policies, processes and a strong Board structure.

Recommendations on corporate governance

UIE is incorporated and registered in Malta but listed on Nasdaq Copenhagen, and thus applies the principles of the Danish Corporate Governance Code. The Board of Directors is committed to following the recommendations issued by the Danish Committee on Corporate Governance, last updated on 2 December 2020.

Our statutory report on corporate governance includes a full list of the recommendations, with our comments on our position on each recommendation.

See our 2025 statutory report See all reports

Financial reporting

The financial reporting process refers to activities that generate financial information used in managing UIE and the financial information published in accordance with legislation, standards and other regulations. The Group fully complies with the IFRS accounting standards approved by the EU.

The Board of Directors has overall responsibility for UIE's risk management and internal control procedures in connection with the financial reporting process.

Monthly reports are prepared for the Board, explaining deviations from expected results and key figures for the underlying activities in UIE's portfolio companies. Estimates for the full year are updated on a quarterly basis.

Risk management

The overall objective of risk management is to identify, evaluate and manage risks that may threaten the achievement of UIE's business goals.

The operating risks of the companies in which UIE invests are managed by the entities' own management.

The Audit Committee reviews and discusses the risk map every quarter, together with the actions implemented to mitigate identified risks, and performs an annual assessment of UIE's internal procedures.

Auditors

In 2019, Ernst & Young Malta Limited were appointed as auditors to the company. They have indicated their willingness to continue in office, and a resolution for their reappointment was proposed and approved at the AGM in May 2026.

Tax

UIE is committed to fulfilling its tax obligations in the countries where it operates and paying the correct amount of all types of taxes and duties when due.

UIE acts in accordance with relevant legislation in its tax computations and tax reporting in the countries where the Group operates and generates taxable income.

The purpose of UIE’s tax policy is to set direction and communicate how its tax affairs are conducted in pursuit of a compliant tax position.

Tax policy

Explore our corporate governance

UIE seeks to develop and maintain a positive and constructive relationship with all its stakeholders. We believe that transparent corporate governance promotes sustainable business behaviour and long-term value creation.

UIE Board of Directors

Our Board Committees

The purpose of UIE's Board Committees is to prepare decisions and recommendations for consideration and approval by the Board of Dirctors

Remuneration

UIE’s remuneration policy is designed to attract, motivate and retain qualified members of the Board of Directors and Management, while supporting the company’s strategic goals and long-term sustainable value creation.

Remuneration is set at a reasonable and competitive level, taking into account UIE’s performance and circumstances as well as relevant external benchmarks.

See our Remuneration Report 2025 Remuenration Policy