EAB Group Oyj Announces Composition of Nomination Board
September 11, 2020 at 11:29 am EDT
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The Annual General Meeting of EAB Group Plc has established a permanent Shareholders' Nomination Board. Its main duties include preparing and presenting proposals covering the election and remuneration of the members of the company's Board of Directors to an Annual General Meeting and, where necessary, to an Extraordinary General Meeting as well as identifying successors for existing members of the Board of Directors. The Nomination Board shall consist of five members that represent the company's biggest shareholders. Nomination right belongs to the five shareholders who hold the largest number of votes calculated of all shares in the company on the basis of the registered holdings in the company's shareholders' register held by Euroclear Finland Ltd. or based on information represented by the nominee registered shareholders as of the last weekday in August in the year preceding the next annual general meeting. EAB Group Plc's five largest registered shareholders BNP Paribas Asset Management Holding, Kari Juurakko, Umo Invest Oy, Janne Nieminen and Jouni Kaaria have nominated the following members to the Shareholders' Nomination Board: Vincent Trouillard-Perrot, Vice President, appointed by BNP Paribas Asset Management Holding; Kyösti Kakkonen, CEO, Kakkonen-Yhtiöt Oy, appointed by Kari Juurakko
· Joonas Haakana, Portfolio Manager, Umo Invest Oy, appointed by Umo Invest Oy; Janne Nieminen, member of the Board, EAB Group Plc, appointed by Janne Nieminen; Jouni Kaaria, General Manager, Klikkaa Internetpalvelut Finland Oy, appointed by Jouni Kaaria. The chairman of the Board of Directors shall act as the chairman of the Nomination Board until the Nomination Board has elected a chairman from among its members.
EAB Group Oyj, formerly Elite Varainhoito Oyj, is a Finland-based provider of investment services. The Company offers asset management and fund investment services to private investors, institutions and investment professionals. It operates through Elite Asset Management Plc, which provides investment services, Elite Assurance Services Ltd and Elite Life Ltd, which provide insurance agent services, EPL Funds Ltd, a provider of capital fund services, Elite Fund Administration Ltd, which provides fund administration services, and Elite Law Ltd, a provider of Legal Family Office Services. The Company's wealth management portfolio comprises services related to pensions, spare time, company assets, heritage, taxation, housing, properties and investment assets. The Company operates Alfred Berg Omaisuudenhoito Suomi Oy and Alfred Berg Rahastoyhtio Oy as direct subsidiaries, as well as Auta Invest Oy, TL Trade Oy and Smart Money Oy as indirect ones.