Internal Control
Pursuant to the Swedish Companies Act, the Board of Directors is ultimately responsible for ensuring that an effective internal control system exists within Silex.
The Board of Directors has the overall responsibility for ensuring that the Group has efficient systems in place for management and internal control, and shall monitor and ensure that the Silex’s risk management, accounting, internal audits and control, financial reporting and sustainability reporting are satisfactorily controlled and that the company’s financial reporting and sustainability reporting complies with laws, regulations and other applicable financial reporting, sustainability reporting and accounting standards.
The CEO has been designated as responsible for financial reporting in the company and shall accordingly ensure that the Board of Directors receives sufficient information in order to be able to regularly assess Silex’s financial situation and otherwise fulfil its duties.
The Board of Directors monitors the internal control over the financial reporting together with the Audit Committee, who is responsible for preparing the Board of Directors’ work on securing the quality of the company’s financial reporting and sustainability reporting, and shall also review and prepare the Board of Directors’ decisions regarding the financial information presented by the company.
Risk Management and Internal Control Procedure
Silex has established a risk management system which intends to acknowledge, assess, and mitigate risks to ensure a safe work environment as well as process and business continuity. Silex’s risk management follows a defined process, consisting of three steps: risk identification and assessment, identification of mitigation actions and internal control requirements, and evaluation of the effectiveness of actions including analysis and reporting.
The risk identification and assessments are performed to identify new risks and to update Silex’s view on already identified risks, which have been concluded to compose of strategic risks, operational risks, compliance risks, financial risks and reporting risks. The risk identification and assessments performed are then used to design internal control frameworks designated to cover the risks where applicable, with focus on risks related to errors in financial reporting.
The internal control framework is presented by the CFO to the audit committee for review and the Board of Directors for approval.
More information about Silex’s primary risks and risk management is available in the Prospectus published on 27 April 2026, and available on the link below.