Corporate governance

Citycon Oyj (Citycon or company) is a Finnish public limited company whose shares are listed on Nasdaq Helsinki Ltd (Helsinki Stock Exchange). Citycon Oyj and its subsidiaries constitute the Citycon Group.

Citycon’s corporate governance principles are based on legislation in force in Finland, the rules and regulations governing listed companies issued by Helsinki Stock Exchange and the Finnish Financial Supervisory Authority and Citycon’s Articles of Association. Corporate governance in Citycon’s subsidiaries is also governed by the laws of the country in which the subsidiary is domiciled, and by each subsidiary’s Articles of Association.

Citycon also applies the Finnish Corporate Governance Code published by the Securities Market Association ( In case of departure from an individual recommendation of the Code, the company discloses such a departure and provides an explanation for doing so.

The company’s statutory bodies are the General Meeting of Shareholders, the Board of Directors and the CEO. In addition, a Corporate Management Committee assists the CEO in the operative management of the company and coordination and development of its operations. The tasks and responsibilities of the different bodies are specified pursuant to the Finnish Companies Act and Citycon's Corporate Governance Guidelines.

Citycon's corporate governance structure

Citycon prepares its financial statements and interim reports in accordance with the International Financial Reporting Standards (IFRS). The financial statement documents are published in Finnish and English.

Citycon’s registered domicile is Helsinki.

Corporate Governance Statement 2020
Corporate Governance Statement 2019
Corporate Governance Statement 2018
Corporate Governance Statement 2017
Corporate Governance Statement 2016
Corporate Governance Statement 2015
Corporate  Governance Statement 2014
Corporate Governance Statement 2013
Corporate Governance Statement 2012
Corporate Governance Statement 2011
Corporate Governance Statement 2010

Articles of Association