Shareholders’ Nomination Board

Shareholders’ Nomination Board

The Annual General Meeting 2018 decided to establish a Shareholders' Nomination Board, and confirm the rules of procedure of the Shareholders’ Nomination Board, in accordance with the proposal of the Board of Directors. The role of the Nomination Board is to prepare the proposals on the election and remuneration of the members of the Board of Directors to be presented to the Annual General Meeting.

The Shareholders' Nomination Board consists of five members appointed by the shareholders. In addition, the Chairman of the Board of Directors acts as an expert member of the Nomination Board.

The Chairman of the Board of Directors annually arranges a meeting to which the Chairman invites the company’s twenty largest shareholders, by votes, registered as shareholders in the company’s shareholders’ register maintained by Euroclear Finland Ltd by 31st August preceding the Annual General Meeting. The meeting of the twenty largest shareholders, by votes, elects the members of the Shareholders’ Nomination Board. One of the members is elected to serve as the Chairman of the Shareholders’ Nomination Board.

The term of office of the members of the Shareholders’ Nomination Board expires the year following the appointment upon the appointment of the new members of the Shareholders’ Nomination Board pursuant to the rules of procedure of the Shareholders’ Nomination Board.

The Shareholders’ Nomination Board is established to exist and serve until the Annual General Meeting decides otherwise.

The rules of procedure of the Shareholders’ Nomination Board is available through the link on the right hand side of this page.

Composition of Oriola Corporation’s Shareholders’ Nomination Board

The largest shareholders of Oriola Corporation have in accordance with the rules of procedure of the Shareholders’ Nomination Board appointed the following persons as members of the Nomination Board:

Mr Mikael Aro
Mr Peter Immonen
Mr Mikko Mursula
Mr Pekka Pajamo
Mr Into Ylppö
Mr Pekka Pajamo was elected Chairman of the Nomination Board.

 Mr Anssi Vanjoki, Chairman of the Board of Directors of Oriola, will serve as an expert member of the Nomination Board.

Rules of Procedure