Fellow Bank Plc's Nomination Board prepares proposals for the members of the Board of Directors as well as their remuneration for the Annual General Meeting. The Nomination Board has four members. The members of the Nomination Board are appointed by the four largest shareholders, each of whom has the right to appoint one member.

Four largest shareholders entitled to appoint a member are determined on the basis of the shareholders' register according to the situation on the last day of August of each year. Composition of the Nomination Board from 20 September 2022: Maunu Lehtimäki, Evli Plc; Karri Haaparinne, Taaleri Plc; Teemu Nyholm, TN Ventures Ltd; Henrik Andersin, Scripo Ltd. Maunu Lehtimäki has been elected as a Chairman of the Nomination Board. Markku Pohjola, Chairman of the Board of Fellow Bank Plc, participates in the work of the Nomination Board as an expert.

Nomination Board will submit its proposal for the members of the Board of Directors and their remuneration for consideration at the 2023 Annual General Meeting no later than January 31, 2023.