Resolutions of
PAYMENT OF DIVIDENDS
In accordance with the Board's proposal, the General Meeting decided that a dividend of 1.10
The dividend will be paid in two instalments. The first instalment of
ELECTIONS AND REMUNERATION
Shareholders who jointly represent more than 70 percent of voting rights in the company have notified the company that they will propose to the Annual General Meeting a Board of Directors comprising six (6) members and that the following members of the Board of Directors be re-elected for a period ending at the next Annual General Meeting: Hakkarainen Pentti, Heinonen Lasse, Hortling Nora, Markula Elisa and Paltola Päivi and that
The General Meeting accepted the proposal and decided that the Board of Directors shall have six (6) members. The following members were elected to the Board of Directors: Hakkarainen Pentti, Heinonen Lasse, Hortling Nora, Markula Elisa, Nummela Juho and Paltola Päivi.
It was decided that the Board of Directors shall receive remuneration as follows: the Chairman of the Board
The authorised public accounting firm
AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE ACQUISITION OF TREASURY SHARES
In line with the Board's proposal, the General Meeting decided to authorise the Board to decide on the acquisition of treasury shares.
Based on this authorisation, the Board is entitled to repurchase a maximum of 500,000 Series A shares of the company in one or more lots using the company's unrestricted equity.
The shares shall be acquired in public trading arranged by
The shares shall be acquired for the purpose of financing or executing any upcoming corporate acquisitions or other arrangements, implementing the company's incentive schemes or for other purposes decided upon by the Board of Directors. The maximum number of shares to be acquired represents approximately 2.4 percent of all shares in the company and approximately 0.5 percent of all votes, which means that the acquisition would not have any significant effect on the distribution of shareholdings and voting rights in the company.
The Board of Directors shall decide upon other matters related to the acquisition of treasury shares.
It is proposed that the authorisation to acquire treasury shares shall be valid until the closing of the Annual General Meeting 2022, however no longer than 18 months from the General Meeting's decision of authorisation.
AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON A SHARE ISSUE
The Annual General Meeting decided to authorise the Board of Directors to decide on the issue of a maximum of 1,000,000 new Series A shares and the transfer of a maximum of 500,000 Series A shares held as treasury shares ("Issue authorisation") in accordance with the Board's proposal.
The new shares can be issued and the treasury shares transferred in one or more lots either against payment or free of charge. The new shares can be issued and the treasury shares transferred to the company's shareholders on a pro rata basis in relation to their existing holdings, or a private placing can be executed in deviation from shareholders' pre-emptive rights if a weighty economic reason for this exists from the company's viewpoint, such as financing or execution of corporate acquisitions or arrangements, development of the company's equity structure, improvement of share liquidity or implementation of the company's incentive schemes. A private placing can be free of charge only if a particularly weighty economic reason for this exists from the company's viewpoint, taking into consideration the interests of all shareholders.
The Board of Directors shall decide upon other matters related to share issues.
It is proposed that the issue authorisation shall be valid until the closing of the Annual General Meeting 2022, however no longer than 18 months from the General Meeting's decision of issue authorisation.
MINUTES OF THE GENERAL MEETING
The minutes of the General Meeting will be available on www.olvigroup.fi under the AGM 2021 section starting on
ORGANISATION OF THE BOARD OF DIRECTORSAt its organising meeting held on
Managing Director
Phone +358 290 00 1050 or +358 400 203 600
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