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The management of AS Tallink Grupp is carried out by the Management Board and the Supervisory Board.
The Management Board is an executive body charged with the day-to-day management of the Company, as well as with representing the Company in its relations with third parties, for example by entering into contracts on behalf of the Company. The Management Board must adhere to the lawful orders of the Supervisory Board.
The Management Board shall consist of 3 to 7 members. Members of the Management Board shall be elected for periods of three years at a time. Every member of the Management Board has the right to represent the Company in any legal and business matter.
The Supervisory Board is responsible for the administration of the Company and the appropriate organization of its operations. The Supervisory Board determines the principles for the Company’s strategy, organization, annual operating plans and budgets, financing and accounting.
The Supervisory Board shall consist of 5 to 7 members. Members of the Supervisory Board shall be elected for periods of three years at a time. The Supervisory Board shall elect one of its members as Chairman. |
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