In 2024 reporting year, Multitude AG pursued a comprehensive relocation project, moving its registered office from Finland via Malta to Switzerland in several steps. At the beginning of 2024, Multitude had its registered office in Helsinki, Finland, as Multitude SE. On March 21, 2024, the Extraordinary General Meeting approved to move the registered office from Finland to Malta. Following this approval, on June 30, 2024, Multitude SE was registered in Gzira, Malta. Thereafter, on September 3, 2024, the Company changed its legal form from a Societas Europaea (SE) to a Maltese public limited liability company (p.l.c.) in order to facilitate the relocation to Switzerland. Consequently, the Company was registered as Multitude p.l.c. with its registered office in Gzira, Malta from September 3, 2024, until the relocation to Switzerland on December 30, 2024. On September 5, 2024, the General Meeting resolved to relocate the Company’s registered office from Malta to Zug, Switzerland and to change its legal form from a Maltese p.l.c. to a Swiss company limited by shares (Ltd. or Aktiengesellschaft, AG in German). Since December 30, 2024, the Company has been registered in Switzerland as Multitude AG.
Prior to the transfer from Finland to Malta, the Company voluntarily applied the Finnish Corporate Governance Code published by the Finnish Securities Market Association. The Finnish Corporate Governance Code requires that companies issue a corporate governance statement in connection with the report by the Board of Directors in the financial statements. Following the transfers, the Company does not continue to voluntarily apply the Finnish Corporate Governance Code, nor has it adopted to apply either the Maltese or Swiss Corporate Governance Code (i.e., the code of the jurisdiction of its domicile after the transfers) or the German Corporate Governance Code (i.e., the code of the jurisdiction of its listing venue).
For the reporting year 2024, the Company prepared a Corporate Governance Statement on a voluntary basis. The Corporate Governance Statement was prepared separately from the Report of the Board of Directors of Multitude AG. When preparing the Corporate Governance Statement, Multitude followed the principles of the Swiss Code of Best Practice for Corporate Governance and the Directive on Information relating to Corporate Governance from the SIX Swiss Exchange AG to enable a comparison with other Swiss-listed companies.
Kindly note that Multitude was previously named Ferratum Group, thus you will find publications and/or information about Ferratum Group which can now be considered Multitude content.
Corporate Governance Statement 2024
Corporate Governance Statement 2023
Corporate Governance Statement 2022
Corporate Governance Statement 2021
Corporate Governance Statement 2020
Corporate Governance Statement 2019
Corporate Governance Statement 2018
Corporate Governance Statement 2017
Corporate Governance Statement 2016