Remedy's Board of Directors has approved a Risk Management Policy describing the Company's risk management principles.
The purpose of our risk management systems is to support the achievement of our strategic objectives by identifying, assessing, and managing risks that could prevent those objectives from being achieved.
Risk management is embedded in our operations through the following processes:
General risk management: Our general risk management process provides a comprehensive overview of Remedy's key strategic, operational, and financial risks.
Operational risk management: Our day-to-day risk management processes aim to ensure that game development and delivery are carried out within the agreed parameters, including budget, schedule, and quality.
Risk management related to strategic agreements: Strategic contract negotiations are handled by our experienced contract team, which evaluates and negotiates significant agreements with appropriate diligence while taking the associated risks into account.
Financial risk management: Our finance team is responsible for managing financial risks.
Board oversight: The Board of Directors oversees the effective functioning of the Company's risk management systems.
Further information on Remedy's risk management systems can be found in the Corporate Governance Statement.
Further information on risk factors relating to Remedy and its business can be found in the Risks and Uncertainties section of the Company's most recent quarterly report.