ELISA CORPORATION STOCK EXCHANGE RELEASE
The Shareholders' Nomination Board of
The Shareholders' Nomination Board proposes that Ms Clarisse Berggårdh, Mr
All the proposed Board Members are considered to be independent of the company and of its significant shareholders.
The Shareholders' Nomination Board proposes that the amount of annual remuneration for the members of the Board of Directors and remuneration for meeting participation be changed. The proposal does not include share transfer restrictions; however the Shareholders' Nomination Board does require that members of the Board hold shares in the company. The Shareholders' Nomination Board proposes to the Annual General Meeting as follows:
The Chair is paid an annual remuneration of
According to the proposal, the annual remuneration will be paid partly in Company shares and partly in cash so that 40% of the remuneration is used to acquire Company shares in the name of and on behalf of the Board members, and the remainder will be paid in cash in order to cover withholding tax on the annual remuneration. The shares will be acquired for the Board members from the stock exchange on the third trading day following the publication of the first quarter interim report of 2021.
More information on the Shareholders' Nomination Board's proposal on the composition of the Board of Directors and its full proposals are available on
The Shareholders' Nomination Board of
IR Director
tel. +358 50 520 5555
Additional information:
Antti Mäkinen
Chair of the Shareholders' Nomination Board
tel. +358 10 830 8905
Distribution:
Nasdaq Helsinki
Principal Media
elisa.com (https://publish.ne.cision.com/l/oaujmcsfc/publish.ne.cision.com/l/wvtvimpde/elisa.com/corporate)
https://news.cision.com/elisa-oyj/r/the-shareholders--nomination-board-s-proposal-on-the-composition-and-remuneration-of-the-elisa-board,c3246360
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