The administration, governance and control of Salix Group is allocated between the shareholders, the Board of Directors, the CEO and other management individuals. Governance and control are based on the Swedish Companies Act, the Articles of Association, Nasdaq Main Market’s Rulebook for Issuers and the Swedish Corporate Governance Code (the “Code”), as well as internal rules and regulations. The company has established a separate audit committee, while the remuneration committee consists of the board in its entirety.