The Chief Executive Officer appointed by the Board of Directors is responsible for the day-to-day management of the H&M Group and appoints the members of the General Management Team, composed of sixteen people including the CEO. The management team consists of seven women and nine men and consists of the CEO, the CFO, the two people responsible for the H&M brand, the person responsible for the portfolio brands (which includes COS & Other Stories, Monki, Weekday and ARKET), the person responsible for commercial companies (which includes Afound and Treadler), the Head of Business Tech and the CTO in this role, as well as the leaders of the following functions of the Group: Expansion, Strategy and Transformation, Human Resources, Sustainability, Supply Chain, Communications, The Laboratory and Group Strategy Counsel. The heads of the other functions of the Group are appointed by the CHIEF FINANCIAL OFFICER. Each brand is managed by a responsible person and has local sales organizations. At the central level, there are a number of group functions that help each brand enjoy the benefits of these common areas, so each brand and country deliberately works according to central guidelines and specifications. The H&M Group has a multi-brand matrix organization with clearly defined brands: H&M, H&M HOME, COS & Other Stories, Monki, Weekday, ARKET and Afound. .