Related Party Transactions
Teleste assesses and monitors related party transactions in accordance with the Corporate Governance and Teleste's internal guidelines. Teleste strives to ensure that any conflicts of interest are taken into account in the decision-making process. The main rule is that all related party transactions always relate to Teleste's normal business and are in line with the company's purpose and conducted on normal commercial terms. In 2020, no related party transactions were reported to Teleste that would have been of material importance for Teleste, deviated from normal business or been carried out on other than ordinary market terms.
Information on related party transactions are provided in the notes of the financial statements in section "Related party transactions".