Corporate governance statement 2011

Cargotec’s governance and management are based on the Finnish Limited Liability Companies Act and Securities Markets Act, the company’s Articles of Association and the rules and guidelines of NASDAQ OMX Helsinki Ltd. Without exception, Cargotec complies with the Finnish Corporate Governance Code, available on the Securities Market Association’s website at www.cgfinland.fi.

At the Shareholders’ Meeting, Cargotec’s shareholders exercise the highest decision-making power. The company is managed by the Board of Directors and the President and CEO.

The Corporate governance statement is issued as a separate report and disclosed, together with the financial statements, Board of Directors’ report and the Remuneration statement, on the company website at www.cargotec.com > Investors > Governance. This information is also included in the Annual report for 2011.