The Board of Directors decides, among other things, on Sampo Group's strategy and adopts the principles governing the Group's risk management, remuneration, compliance and internal control. It also takes responsibility for the proper organization of the Group's operations and defines the required internal minimum capitalization for Group companies. The Board also decides, within the framework of the company's business area, on other exceptional and far-reaching matters with respect to the scope and nature of Sampo Group.

In addition, the Board regularly evaluates its operations and working methods.

The Board appoints and discharges the Group CEO and President, the members of the Group Executive Committee and the Group Chief Audit Executive. The Board also decides on the terms and conditions of their employment and on other remuneration. In addition, the Board decides on the essential criteria underlying the Group’s remuneration system, implements and supervises the Group Remuneration Principles and Sampo plc’s remuneration policy for personnel and decides on other far-reaching matters concerning the staff.

To ensure the proper running of operations, Sampo's Board of Directors has approved internal rules concerning general corporate governance, risk management, remuneration, compliance, internal control and reporting in Sampo Group.