Governance

How Raketech is managed
Corporate Governance

The Board of Directors has the ultimate responsibility for the overall governance of Raketech, its administration and organisation as well as the handling of the Group’s business affairs. The operations are primarily conducted in compliance with Maltese law and is governed by Chapter386 of the Laws of Malta i.e. the Maltese Companies Act of 1995, as well as the Company’s memorandum and articles of association.

From the first day of trading on Nasdaq First North Premier and onwards, Raketech applies the Swedish Corporate Governance Code.

Articles of Association

Board of Directors

The Board of Directors is composed by established business leaders with proven experience across several areas and industries. The Board of Directors consists of three to six members appointed at a general meeting in accordance with the Articles of Association.

CHRISTIAN
LUNDBERG

Chairman

Bio

FREDRIK
SVEDERMAN

Board Member

Bio

ANNIKA
BILLBERG

Board Member

Bio

ERIK
SKARP

Board Member

Bio

JOHAN
SVENSSON

Board Member

Bio

Management Team

MICHAEL
HOLMBERG

Chief Executive Officer

Bio

JOHAN
SVENSSON

Chief Commercial Officer

Bio

MARTIN
LARSSON

Chief Product Officer

Bio

ANDREAS
KOVACS

Chief Financial Officer

Bio

JONAS
PETTERSSON

Chief Technical Officer

Bio

MARTIN
SCHILLIG

HR Director

Bio

Interim Chief Innovation Officer

Nomination Committee

The Nomination Committee prepares for the Annual General Meeting in advance, by nominating candidates for the Board of Directors and by preparing proposals for remunerations for the chairman of the Board of Directors other members of the Board of Directors and the auditor; remunerations for work in committees, if any; members and the Chairman of the Board of Directors; principles for the appointment of the nomination committee; the Chairman for the annual general meeting and appointment of the auditor. The proposals of the Nomination Committee together with an explanation of the proposals will be presented in the notice of the Annual General Meeting and on this website.

General Meetings

The general meeting is Raketech’s highest governing body at which shareholders exercise their influence in the company. Each of the Company’s shares entitles the holder to one vote at general meetings and shareholders are entitled to vote for the total number of shares that they hold in the Company. Information about the date and venue for the Annual General Meeting will be published on this website in connection with the announcement of the Q3 report.

Remuneration & incentives

Remuneration

Remuneration of the Board, CEO and executive management team is decided at the Annual General Meeting. Compensation for senior executives is determined by the CEO and consists of a salary, pension and other customary benefits. The Board of Directors has appointed a Remuneration Committee with the responsibility to ensure that Raketech has a formal process for establishing Raketech’s policy for remuneration.

Incentive Programs

The employee incentive programme is designed to contribute to the future success of the Company and benefit shareholders through continued long-term growth of Raketech.

Auditors

 

Since December 2016 (i.e. for the 2017 and 2016 financial years) the accounting firm PwC has been the auditor for Raketech. Romina Soler, Authorised Public Accountant and member of the Malta Institute of Accountants, is auditor-in-charge. PwC’s address is 78 Mill Street, Qormi QRM3101 Malta.

Responsibility Statement

We want to reassure our users, partners and regulators that we value being a fully compliant and responsible business. Raketech will endeavor to go above and beyond to obey the gambling industry and affiliate marketing…

CHRISTIAN LUNDBERG

Chairman

Shares:
62,355 shares

Born 1956.
Chairman of the board since April 2017.

Other current positions:
Chairman of the board of Aidon OY, Senior Advisor at Cordial Business Advisors, CEO of Force 4U AB, member of Deloitte Advisory Forum.

Positions over the past five years:
Chairman of the board of NORM Research & Consulting AB (until 2015), Chairman of the board of Voddler Group AB (including group companies, until 2017), board member at Trygga Hem AB (now Sector Alarm Service AB, until 2013), board member at Claremont AB (including group companies, until 2016).

Education:
Economics at Stockholm University.

Independent in relation to the company/major shareholders: No/Yes

FREDRIK SVEDERMAN

Board Member

Shares:
60,000 shares
(through endowment insurance).

Born 1970.

Board member since April 2017

Other current positions:

Board member at FS Financial Services AB.

Positions over the past five years:

Board member at various group companies within Evolution Gaming Group AB (publ) (until 2016). CFO of Evolution Gaming Group AB (publ) (until 2016).

Education:

Bachelor’s in Business Administration, Stockholm University, studies at UCLA, UC Berkeley.

Independent in relation to the company/major shareholders: Yes/Yes

ANNIKA BILLBERG

Board Member

Shares:
4,700

Born 1975.
Board member since May 2018.

Other current positions:
Founder and CEO of True Communications AB.

Positions over the past five years:
Chief Brand & Communications Officer at Intrum AB (until 2018), Communications and Market Director (until 2017) and IR and Communications Director (until 2014) at Intrum Justitia AB.

Education:
Master in business economics at International Business School, Jönköping, Sweden and studies in financing, accounting and international marketing at the business School in Wien, Austria.

Independent in relation to the company/major shareholders: Yes/Yes

ERIK SKARP

Board Member

Shares:
3,353,265 shares (through company).

Born 1985.
Board member since September 2016.

Other current positions:
Board member at Gameday Group Ltd and Light Showdown Ltd, founder and CEO of BetHard Group Ltd.

Positions over the past five years:
Chairman of the board and CEO of House of Crisp AB (until 2014), board member at Fiberkonsulten Norrköping AB (until 2015).
Education: Upper secondary education, Polhemskolan, Lund.

Education:
Upper secondary education, Polhemskolan, Lund.

Independent in relation to the company/major shareholders: No/No

JOHAN SVENSSON

Board Member

Shares:
3,214,930 shares (through company).

Born 1985.
Board member since September 2016.

Other current positions:
Founder and board member of BetHard Group Ltd, board member in Gameday Group Ltd and Akterbog Ltd.

Positions over the past five years:
CEO of Raketech (until 2017).

Education:
Upper secondary education, Af Chapman Gymnasiet Karlskrona.

Independent in relation to the company/major shareholders: No/No

MICHAEL HOLMBERG

Chief Executive Officer

Shares:
600,000 shares (through company).

Warrants/options:
171,971 options.

Born 1973.
CEO since 2017.

Other current positions:
Board member and owner of River Media AB, board member and owner of Tamiho Invest Ltd, owner of Gameday Group Ltd.

Positions over the past five years:
Board member at Freya Aviation One Malta Ltd (until 2018), board member at Argos Aviation Malta Ltd (until 2017), board member at Minerva Aviation Malta Ltd (until 2017), board member at NAC Services Malta Ltd (until 2017) and board member at Oden Aviation One Ltd (until 2017). Board member at Oden Aviation Two Ltd (until 2017), CEO at Gameday Group Ltd (until 2017), board member and CEO at Bethard Group (until 2017), and EU General Manager and Director Live Events Europe at Rational Group (until 2016).

Education:
LLM at Uppsala University, Marketing Programme at Stockholm School of Economics, Customised Executive Development, Cranfield University & School of Management, Cranfield, UK.

JOHAN SVENSSON

Chief Commercial Officer

Shares:
3,214,930 shares (through company).

Born 1985.
Board member since September 2016.

Other current positions:
Founder and board member of BetHard Group Ltd, board member in Gameday Group Ltd and Akterbog Ltd.

Positions over the past five years:
CEO of Raketech (until 2017).

Education:
Upper secondary education, Af Chapman Gymnasiet Karlskrona.

Independent in relation to the company/major shareholders: No/No

MARTIN LARSSON

Chief Product Officer

Shares:
361,665 shares (through company).

Warrants/options:
49,135 options.

Born 1990.
CPO since June 2016.

Positions over the past five years:
Operations Manager BetHard Group Ltd (until 2014).

ANDREAS KOVACS

Chief Financial Officer

Shares:
18,630 shares.

Warrants/options:
66,331 options.

Born 1984.
CFO since 2017.

Other current positions:
Board member at PSC Entertainment Ltd and Company Secretary at Tuffle Enterprises Ltd.

Positions over the past five years:
Senior Manager at BDO Corporate Finance AB (until 2017), Director of Corporate at Finance Mazars (until 2014), Senior Consultant Transaction Services at PwC (until 2013), Accountant at PWC (until 2010).

Education:
Master’s in Economics and Auditing, Umeå University and University of Zürich, Bachelor’s in Marketing, Umeå University.

JONAS PETTERSSON

Chief Technical Officer

Shares:
16,470 shares (through company).

Warrants/options:
49,135 options.

Born 1975.
CTO since 2018.

Other current positions:
CEO and board member FF Consulting AB.

Positions over the past five years:
Business Intelligence Specialist (until 2014), Head of Business Intelligence and CTO (until 2018) at High Light Media Group, CTO and Head ofBusiness Intelligence at Netgaming (until 2018).

MARTIN SCHILLIG

HR Director

Shares:
9,855 shares.

Warrants/options:
29,481 options.

Born 1983.
Director of HR since July 2017

Positions over the past five years:
Head of HR Shared Services and HR Manager at Betsson Group (until 2017), HR Manager (until 2012) and HR Business Partner (until 2015) Tipico Co

Education:
Diplom Plegewirt (FH), HFH Hamburg, Advanced Award in Reward Management, QCF Level 7, Chartered Institute of Personnel and Development, certified Agile HR Manager, HR Pioneers.