Risk management and principal risks

The objective of Ahtium’s risk management is to support the achievement of the Company’s strategic and operational targets while protecting the Company against loss, uncertainty and lost opportunities.

Following the bankruptcy of Talvivaara Sotkamo Ltd on 6 November 2014, the strategic and operational focus of the Company has substantially changed and the Company has lost the control over and responsibility for the Sotkamo mining operations. The risks relating to the operations of the Company have changed accordingly. Therefore, the enterprise risk management policy and other risk management practices of the former Talvivaara Group are no longer applicable as such either from the operational or the organizational point of view. An adequate risk management policy with focus on the risks relevant to the Company’s future business shall be prepared once the new businesses of the Company have been brought into operation.