The Annual General Meeting resolved, in accordance with the Board of Directors’ proposal, to pay a dividend of EUR 0.14 per share for the financial year that ended on 31 December 2018. The dividend will be paid to shareholders registered in the register of shareholders of the company maintained by Euroclear Finland Ltd on the record date of 2 May 2019. The dividend will be paid on 9 May 2019 in accordance with the rules of Euroclear Finland Ltd.
Remuneration of the Board of Directors
The Annual General Meeting decided, in accordance with the proposal of Shareholders' Nomination Committee, that the annual remuneration paid for the members of the Board of Directors for the term of office that will end with the 2020 Annual General Meeting is the following: to the Chairman of the Board of Directors EUR 43,000 per year, to the Vice-Chairman EUR 26,000 per year and to the other members EUR 16,000 per year. In addition was decided that a fee of EUR 1,000 per meeting of the Board and EUR 500 per meeting of the Committee will be paid. When attending a board or committee meeting remotely, a meeting fee of EUR 500 will be paid.
In addition, the Annual General Meeting resolved to pay Jarmo Partanen, Chairman of the Board of Directors, an additional remuneration of EUR 48,106 equivalent to two months' salary, as proposed by the Shareholders’ Nomination Committee.
Composition of the Board of Directors
The number of members of the Board of Directors was confirmed to be seven. Aila Hemminki, Aki Jaskari, Timo Kokkala, Heli Korpinen, Jyrki Mäkynen and Jarmo Salmi were re-elected as members of the Board of Directors, and Jaana Sandström was elected as a new member for the term ending at the end of the Annual General Meeting in 2020.
Election and remuneration of the auditor
KPMG Oy Ab, a firm of authorized public accountants, was elected as auditor and M.Sc (Econ.), APA Fredrik Westerholm as responsible auditor for a term ending at the end of the Annual General Meeting 2020. The auditor's remuneration is paid against an invoice approved by the Company.
Amendment of the charter of Shareholders’ Nomination Committee
The Annual General Meeting decided, in accordance with the Board of Directors’ proposal, that the members of the Shareholders' Nomination Board will be paid EUR 1,000 for each meeting.
The minutes of the Annual General Meeting
The minutes of the Annual General Meeting will be available on the Company’s website latest 13 May 2019.