Oriola Corporation Stock Exchange Release
Proposals of the Shareholders' Nomination Board of
- The number of members of the Board of Directors would be six
-
The present members of the Board of Directors Eva Nilsson Bågenholm,
Juko-Juho Hakala , Harri Pärssinen, Lena Ridström and Panu Routila would be re-elected - Nina Mähönen would be elected new member of the Board of Directors
- Panu Routila would be re-elected Chairman of the Board of Directors
The Nomination Board has assessed all candidates to the Board of Directors to be independent of the company and its major shareholders.
The Nomination Board also proposes to the 2022 Annual General Meeting that the remunerations would remain unchanged and be paid to the members of the Board of Directors as follows:
- Chairman of the Board: fee for term of office of
60,000 euros -
Vice chairman of the Board: fee for term of office of
36,000 euros -
Chairman of the Audit Committee: fee for term of office of
36,000 euros -
Other members of the Board: fee for term of office of
30,000 euros -
Attendance fees would also remain unchanged and be paid as follows: for Board of Directors meetings
1,000 euros per meeting to the Chairman and500 euros per meeting to members, and for committee meetings1,000 euros per meeting for the committee chairman and500 euros per meeting to members -
Of the fees for term of office, 40 per cent would be paid in
Oriola Corporation's class B-shares and 60 per cent would be paid in cash - Travel expenses would be reimbursed in accordance with the travel policy of the company
The Board of Directors of
Presentation of Nina Mähönen:
Nina Mähönen (b. 1975, Finnish citizen,
Further information:
Pekka Pajamo
Chairman of the Shareholders' Nomination Board
e-mail: pekka.pajamo@varma.fi
Petter Sandström
General Counsel, secretary to the Board of Directors
tel. +358 10 429 5761
e-mail: petter.sandstrom@oriola.com
Distribution:
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Released by:
Corporate Communications
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FI-02200 Espoo
www.oriola.com
https://news.cision.com/oriola-oyj/r/proposals-of-the-shareholders--nomination-board-of-oriola-corporation-concerning-the-board-of-direct,c3477450
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