The Shareholders' Nomination Board of the
Proposal for the composition of the Board of Directors
The Shareholders' Nomination Board proposes the following composition:
- the number of Board members will be six
Jaakko Eskola will be re-elected as Chair of the BoardAnu Hämäläinen will be re-elected as Vice-Chair of the Board, and-
Niko Pakalén, Teija Sarajärvi,
Jukka Tiitinen andMark Vernon will be re-elected as Board members.
The proposed members of the Board of Directors are presented on
The proposed Board members have all given their consent to be elected.
All proposed Board members have been assessed to be independent of the company. Apart from
Proposal for the remuneration of the Board of Directors
The Shareholders' Nomination Board proposes the same fixed annual remuneration to the Board members as in the previous term. The remuneration to be paid will be calculated pro rata to the length of the term of office based on the following annual remuneration:
- The Chair of the Board will be paid
EUR 115,000 , the Vice-ChairEUR 65,000 and each member the BoardEUR 50,000 -
The Chair of the Audit Committee will be paid
EUR 15,000 and each member of Audit CommitteeEUR 7,500 -
The Chair of the Remuneration Committee will be paid
EUR 7,500 and each member of the Remuneration CommitteeEUR 3,750
The Shareholders' Nomination Board further proposes that a meeting fee of
- a fee of
EUR 800 will be paid to the Board members who reside in the Nordic countries -
a fee of
EUR 1,600 will be paid to the Board members who reside in other European countries -
a fee of
EUR 3,200 will be paid to the Board members who reside outsideEurope
The fixed annual remuneration and meeting fees will be paid in cash. Possible travel expenses will be reimbursed according to the travel policy of the company.
Composition of the Shareholders' Nomination Board
Members of the Shareholders' Nomination Board are Mikko Mursula, Deputy CEO, Investments,
For further information, please contact:
Mikko Mursula, Chair of the Shareholders' Nomination Board, Tel: +358503803016, Email: mikko.mursula(at)ilmarinen.fi
Investor inquiries:
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