Stock exchange release
RESOLUTION ON THE REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS
Lehto Group Plc Annual General Meeting is planned to be held on
The remuneration of the members of the Board of Directors is proposed to be given in a combination of
- Chairman of the Board of Directors
- Deputy Chairman and members of the Board of Directors
The yearly remuneration of the members of the Board of Directors shall be made in
The amount of the shares to be transferred from the Company's possession would be calculated by dividing the remuneration determined based on the medium rate of a share during the ten following banking days from the Annual General Meeting accepting the proposal and rounding the amount down to the next whole number.
The Members of the Board shall not dispose such shares during his/her membership or before six months has passed from the expiry of the said membership.
Shall the member of the Board of Directors notify the CFO of the Company within three banking days from the Annual General Meeting, in writing, that he/she shall abstain from accepting the
- Chairman of the Board of Directors
- Deputy Chairman and members of the Board of Directors
The attendance fee for the members of the Board of Directors for each attended Board meeting agreed in the annual meeting agenda or a meeting outside the annual meeting agenda exceeding two hours, would remain the same as last year:
- Chairman of the Board of Directors
- Deputy Chairman and members of the Board of Directors
The attendance fee for the members of the committees of the Board of Directors for each attended committee meeting agreed in the annual committee meeting agenda or a meeting outside annual meeting agenda exceeding two hours, would remain the same as last year:
- Chairman of the committee
- Members of the committee
Reasonable travel expenses caused by Board meetings or committee meetings are proposed to be paid in accordance with the instructions of the tax authority. The per diem allowances are included in the attendance fee.
PROPOSAL FOR THE COMPOSITION OF THE BOARD OF DIRECTORS
Helena Säteri has informed the Shareholder´s Nomination Committee that he will no longer be available to serve on the Board of Directors of
The Shareholders' Nomination Committee proposes that the number of Board members is four (4).
The Shareholders' Nomination Committee proposes that, at their consent, the following persons should be re-elected as members:
Based on past experience, the current business situation at the Company and the anticipated future needs of the Company, the Nomination Committee regards the proposed composition appropriate for the needed diversity in experience and skills to perform the Board's work effectively.
All other Board member candidates, except
Further information:
Chief Financial Officer
Tel. +358 400 944 074
https://news.cision.com/lehto-group-oyj/r/lehto-group-plc--shareholders--nomination-committee-s-proposals-to-the-annual-general-meeting,c3707007
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