SAMPO OYJ TIDMSAMPO SAMPO PLC DECISIONS OF GENERAL MEETING 19 May 2021 at 2:15 pm Decisions of Sampo plc's Annual General Meeting The Annual General Meeting of Sampo plc, held today on 19 May 2021, decided to distribute a dividend of EUR 1.70 per share for 2020. The record date for dividend payment is 21 May 2021 and the dividend will be paid on 28 May 2021. The Annual General Meeting adopted the financial accounts for 2020 and discharged the Board of Directors and the CEO from liability for the financial year. The Annual General Meeting elected eight members to the Board of Directors. The following members were re-elected to the Board: Christian Clausen, Fiona Clutterbuck, Georg Ehrnrooth, Jannica Fagerholm, Johanna Lamminen, Risto Murto and Björn Wahlroos. Markus Rauramo was elected as a new member to the Board. The Members of the Board were elected for a term continuing until the close of the next Annual General Meeting. At its organizational meeting, the Board elected Björn Wahlroos as Chair and Jannica Fagerholm as Vice Chair. Christian Clausen, Risto Murto and Björn Wahlroos (Chair) were elected to the Nomination and Remuneration Committee as well as Fiona Clutterbuck, Georg Ehrnrooth, Jannica Fagerholm (Chair), Johanna Lamminen and Markus Rauramo were elected to the Audit Committee. All the Board members have been determined to be independent of the company and its major shareholders under the rules of the Finnish Corporate Governance Code 2020. The curriculum vitaes of the Board Members are available at https://www.globenewswire.com/Tracker?data=2yo3RdPpjEyD3S_Yoa657yCqzrA8LHp9gcvAtzAx8qs0BQxed-MYaNFdQQyoP1_3wzAP8A9lP6Xh-QB49Y-6LKX_mMMez-hnlMrE9JevwmA= www.sampo.com/board. The Annual General Meeting decided to pay the following fees to the members of the Board of Directors until the close of the 2022 Annual General Meeting: the Chair of the Board will be paid an annual fee of EUR 184,000 and other members of the Board will be paid EUR 95,000 each. Furthermore, the members of the Board and its Committees will be paid the following annual fees: the Vice Chair of the Board EUR 26,000, the Chair of the Audit Committee EUR 26,000 and the member of the Audit Committee EUR 6,000. A Board member shall, in accordance with the resolution of the Annual General Meeting, acquire Sampo plc's A shares at the price paid in public trading for 50 per cent of his/her annual fee excluding taxes and similar payments. The Annual General Meeting accepted Sampo plc's Remuneration Report for Governing Bodies. The resolution is advisory. Deloitte Ltd was elected as Auditor. The Auditor will be paid a fee determined by an invoice approved by Sampo. Jukka Vattulainen, APA, will act as the principally responsible auditor. The Annual General Meeting authorized the Board to repurchase a maximum of 50,000,000 Sampo A shares. The price paid for the shares repurchased under the authorization shall be based on the current market price of Sampo A shares on the securities market. The authorization will be valid until the close of the next Annual General Meeting, nevertheless not more than 18 months after AGM's decision. There were altogether 330,774,332 shares (59.56 per cent of shares) and 335,574,332 votes (59.91 per cent of all votes) in the company represented, including advance voting and a proxy representation, at the Annual General Meeting. The voting results of the AGM are available on a table attached to this release. The proposals approved by the Annual General Meeting as well as Sampo plc's Remuneration Report for Governing Bodies were published in stock exchange releases on 11 February and 17 March 2021. The documents are available in their entirety at Sampo's AGM website at https://www.globenewswire.com/Tracker?data=2yo3RdPpjEyD3S_Yoa657wK1W5F4W0zYeE77apLCP6hcpG7-ExYUVMI_bQV0foCw-Qpf0xuglSY3IxlKuuDc9ttmlPv3HzoPXOHiZi8S4j8= www.sampo.com/agm. The minutes of the Annual General Meeting will be available for viewing at the AGM website and at Sampo plc's head office at Fabianinkatu 27, Helsinki, Finland, by the end of 2 June 2021. SAMPO PLC Jarmo Salonen Head of Investor Relations and Group Communications tel. +358 10 516 0030 Maria Silander Communications Manager, Media Relations tel. +358 10 516 0031 Mirko Hurmerinta IR & Communications Specialist tel. +358 10 516 0032 Distribution: Nasdaq Helsinki London Stock Exchange The principal media Financial Supervisory Authority https://www.globenewswire.com/Tracker?data=2yo3RdPpjEyD3S_Yoa65702wt-abPoxi4HXqvn-YETK4tbG02vSHjKJs9YvPZKqOexQ0Ax9PVilnoesfTFyVnw== www.sampo.com ANNEX Voting results of the Annual General Meeting Board proposals for the AGM For Against Abstained from voting ------------------------------------ ----------- ----------- ------------ Adoption of the Financial Statements 331,393,502 3,775,321 402,267 (98.87%) (1.13%) (0.12%) ------------------------------------ ----------- ----------- ------------ Resolution on the use of the 334,685,313 878,061 10,958 profit shown on the balance (99.74%) (0.26%) (0.00%) sheet and the payment of dividend ------------------------------------ ----------- ----------- ------------ Resolution on the discharge 329,381,908 273,367 585,144 of the members of the Board (99.92%) (0.08%) (0.18%) of Directors and the Group CEO and President from liability for the financial year 2020 ------------------------------------ ----------- ----------- ------------ Handling of the Remuneration 217,928,781 117,365,936 272,589 Report for Governing Bodies (65.00%) (35.00%) (0.08%) ------------------------------------ ----------- ----------- ------------ Resolution on the remuneration 335,009,963 530,132 29,821 of the members of the Board (99.84%) (0.16%) (0.01%) of Directors ------------------------------------ ----------- ----------- ------------ Resolution on the number of 335,540,174 799 28,721 members of the Board of Directors (100.00%) (0.00%) (0.01%) ------------------------------------ ----------- ----------- ------------ Election of the members of 304,764,402 25,161,160 5,644,425 the Board of Directors (92.37%) (7.63%) (1.71%) ------------------------------------ ----------- ----------- ------------ Resolution on the remuneration 328,777,671 6,767,601 27,298 of the Auditor (97.98%) (2.02%) (0.01%) ------------------------------------ ----------- ----------- ------------ Election of the Auditor 330,655,851 3,317,614 1,593,932 (99.01%) (0.99%) (0.48%) ------------------------------------ ----------- ----------- ------------ Authorizing the Board of Directors 335,221,209 174,965 172,342 to decide on the repurchase (99.95%) (0.05%) (0.05%) of the company's own shares ------------------------------------ ----------- ----------- ------------
(END) Dow Jones Newswires
05-19-21 0730ET
