Stock exchange release
Lehto Group Plc Annual General Meeting is planned to be held on
The number of the Members of the Board of Directors
The Shareholders' Nomination Committee proposes that the number of Board members is six (6).
The composition of the Members of the Board of Directors
The Shareholders' Nomination Committee proposes that, at their consent, the following persons should be re-elected as members:
Current member
At their consent, as the new members of the Board of Directors the Shareholders' Nomination Committee proposes
Construction engineer
The Shareholders' Nomination Committee proposes that
As the Company has announced on
All nominees are independent of the Company and its significant shareholders, except for
Remuneration of the Members of the Board of Directors
The Shareholders' Nomination Committee proposes that the remuneration of the members of the Board of Directors is proposed to be given in a combination of
· Chairman of the Board of Directors
· Deputy Chairman and members of the Board of Directors
The remuneration of the members of the Board of Directors shall be made in
The amount of the shares to be transferred from the Company's possession would be calculated by dividing the remuneration determined based on the medium rate of a share during the ten following banking days from the Annual General Meeting accepting the proposal and rounding the amount down to the next whole number.
The Members of the Board shall not dispose such shares during his/her membership or before six months has passed from the expiry of the said membership.
Shall the member of the Board of Directors notify the CFO of the Company within three banking days from the Annual General Meeting, in writing, that he/she shall abstain from accepting the
· Chairman of the Board of Directors
· Deputy Chairman and members of the Board of Directors
The attendance fee for the members of the Board of Directors for each Board meeting attended by the member, with the exception of meetings held via telephone or email, would remain the same as last year:
· Chairman of the Board of Directors
· Deputy Chairman and members of the Board of Directors
The attendance fee for the members of the committees of the Board of Directors for each committee meeting attended by the member, with the exception of meetings held via telephone or email, would remain the same as last year:
· Chairman of the committee
· Members of the committee
Attendance fee shall not be paid for the Members of the Board or a Committee that are employed by the Company.
Reasonable travel expenses caused by Board meetings or committee meetings is proposed to be paid in accordance with the instructions of the tax authority. The per diem allowances are included in the attendance fee.
Further information:
CFO,
Tel. +358 400 944 074
Lehto is an innovator in the construction sector. We build housing, business premises, care homes and schools. In addition, we carry out pipeline renovations in apartment buildings. Our goal is to transform our industry - to build faster, at a more affordable price and with higher quality. Lehto's approach to construction is in line with the megatrends in the sector: industrial prefabrication, digitalisation and ecology.
https://news.cision.com/lehto-group-oyj/r/lehto-group-plc--shareholders--nomination-committee-s-proposals-to-the-annual-general-meeting-2021,c3277423
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