Framework for corporate governance  The licensed activity of Klarna, means that, in addition to general laws, rules and industry practices, also                                  complies with the detailed regulations specific to banks and credit market companies, for instance the                              Swedish Banking and Financing Business Act and rules and recommendations issued by the Swedish                            Financial Supervisory Authority with regard to, among other things, solvency and capital adequacy,                          including solvency ratios and liquidity rules as well as rules on internal governance and control, as well                                  as guidelines issued by the European Banking Authority.