General Meeting

Pursuant to the Articles of Association of the Company and the Finnish Companies Act, the Annual General Meeting is to be held annually within six months of the end of the financial year.

The Annual General Meeting must resolve on, among other things the adoption of the financial statements, which in a parent company means also the adoption of the consolidated financial statements, granting of discharge from liability to the members of the Board of Directors and the CEO, use of the profit shown on the balance sheet, adoption of remuneration report as well as, when necessary, adoption of remuneration policy, election and remuneration of the members of the Board of Directors, and election of auditors.

Furthermore, an authorisation for the Board of Directors to resolve on a share issue or issue of other special rights entitling to shares, an authorisation for the Board of Directors to resolve on the repurchase of the company’s own shares and amendments to the Articles of Association also require the resolution of the General Meeting. In addition to Annual General Meetings, Extraordinary General Meetings may also be held if required.

The General Meeting handles the matters required by the Finnish Companies Act or the Articles of Association or presented to it by the Board of Directors. As a general rule, the General Meeting is convened by the Board of Directors. If a shareholder or shareholders of a company controlling at least 10 per cent of the shares or the company’s independent auditor requests in writing that a certain matter be handled at the General Meeting, the Board of Directors must convene the General Meeting within one month from the arrival of the request.

General meetings held

General Meeting on May 14, 2025