Kitron’s business purpose clause is stated in the company’s articles of association: Kitron’s business purpose is manufacturing, and development activities related to electronics. The business includes the purchase and sale of shares and companies in the same or related business sectors. The business may also include related consultancy activities and other activities associated with the operation. The company’s objectives, strategies and risk profiles should be evaluated at least annually to create value for shareholders.

The company’s main goals, strategies and risk profiles are presented in the annual report, ESG report and on the company's website. It is the board’s opinion that these objectives, strategies and risk profiles are within the scope of the business purpose clause. The objectives for the business are set with a view to creating value for shareholders in a sustainable manner. The board of directors has taken into account financial, social and environmental factors when defining the company's strategies, primary objectives and risk profile.

Long-term objectives, strategies and the risk profile are evaluated once a year in connection with the work on strategy, or as necessary in connection with major events or structural changes.

Kitron’s vision is to provide solutions that deliver success for its customers. Kitron’s core values to support the vision are commitment, innovation and engagement.

The group’s current Ethical Code (Ethical Guidelines, Supplier Guidelines and Anti-Bribery policy) was approved by the Board in 2018. It is based largely on international initiatives and guidelines related to social responsibility, including the ILO conventions.

The Ethical Code includes topics such as human rights, environment, relations with our customers and suppliers, corruption and confidentiality.

The Code applies to all Kitron board members, elected officers, permanent and temporary employees, hired staff, consultants and agents acting in or on behalf of Kitron. The Code also applies to all contractors, subcontractors, suppliers and sub-suppliers. It includes all companies in the Kitron group.