Internal control

The Board is responsible for the internal control. Internal control includes control over Embracer Group’s organization, procedures and actions. The aim is to ensure that reliable and accurate financial reporting occurs, that the Company’s and the Group’s financial reporting is prepared in accordance with law and applicable accounting standards and that other requirements are met. The System for internal control also aims to monitor compliance with Embracer Group’s policies, principles and instructions. In addition to this, monitoring takes place of the protection of the Company’s assets and that the Company’s resources are utilized cost-effectively and appropriately. Moreover, internal control takes place through follow-up in implemented information and business systems and through the analysis of risks.

Embracer Group is the parent company of businesses developing and publishing PC and console games for the global games market. The group has an extensive catalogue of over 130 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory and Wreckfest amongst many others.

With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its three operative groups: Koch Media GmbH, THQ Nordic GmbH, and Coffee Stain AB. The group has eighteen internal game development studios engaging more than 2800 employees and contracted employers in more than 40 countries.