Correction to the Oriola-KD Corporation Stock Exchange Release announced 30 January 2007 at 4.30 pm.
Oriola-KD Corporation Stock Exchange Release 30 January at 5.00 p.m. Correction to the Oriola-KD Corporation Stock Exchange Release announced 30 January 2007 at 4.30 pm. Recommendation by the Nomination Committee concerning Proposals by the Board of Directors to the AGM The Nomination Committee of Oriola-KD Corporation has today given its recommendation to the Board of Directors for the proposal to the Annual General Meeting on 13 March 2007 concerning the composition of the Board of Directors as follows: • The number of Board members would be seven (7). • As Board members would be re-elected Mr. Pauli Kulvik, Ms. Outi Raitasuo, Mr. Antti Remes, Mr. Olli Riikkala, Mr. Jaakko Uotila and Mr. Mika Vidgrén. As a new member would be elected Mr. Harry Brade. • Mr. Olli Riikkala would be re-elected as Chairman of the Board. Following remunerations are recommended to be paid to the Board of Directors: • Chairman: annual fee EUR 40,000, fee for each meeting EUR 800, telephone as a fringe benefit. • Vice Chairman: annual fee EUR 25,000, fee for each meeting EUR 400. • Other members of the Board: annual fee EUR 20,000, fee for each meeting EUR 400. • Fees for meetings would be paid also to members of the Corporate or Board Committees. • Of the annual fee 40 per cent would be used to acquire Oriola-KD's B class shares from the Helsinki Stock Exchange and 60 per cent would be paid in cash by 1 August 2007 at the latest. • Travel expenses would be paid in accordance with the travel policy of the company. Oriola-KD Corporation Eero Hautaniemi President and CEO Henry Haarla General Counsel For additional information, contact: Eero Hautaniemi President and CEO tel. +358 10 429 2109 email: email@example.com Distribution: Helsinki Stock Exchange Principal media Published by: Oriola-KD Corporation Corporate Communications Orionintie 5 FI-02200 Espoo www.oriola-kd.com