Sustainability Organization and Risk Management

The Board of Directors of Bittium Corporation discusses sustainability issues on the basis of the Management Group´s proposals, and the Audit Committee discusses and prepares sustainability-related matters as needed.

The Management Group discusses sustainability issues, monitors the effectiveness of sustainability measures and sets sustainability targets in its twice-yearly management review. The Management Group is also responsible for implementing sustainability plans and actions in day-to-day operations.

In addition, Bittium has a specific sustainability working group that is responsible for the monitoring of sustainability, the impact assessment and reporting of sustainability measures as well as sustainability risk management and assessment. The working group has six (6) members: CEO; Chief Legal Officer; Vice President, Communications and Marketing; Director, Human Resources; CFO; and Head of Quality, the Environment and Technology Management. The responsibility working group holds quarterly meetings and prepares the sustainability report. The Bittium management and the Board of Directors review the sustainability report annually.

The sustainability report describes the applicable methods that guarantee a sufficient level of diligence. The management of risks related to operations and the operating environment as well as the relevant processes are described in Bittium´s Corporate Governance Statement.