Resolutions of Destia s Annual General Meeting and organizational meeting of Board of Directors

17.03.2015 13:15:00

Destia Group Oyj’s Annual General Meeting adopted on March 17, 2015 the financial statements for 2014 and discharged the Board members and the Managing Director from liability. The General Meeting resolved that no dividend or repayment of capital will be paid for the financial year ended on December 31, 2014 but that MEUR 2 of hybrid loan amortization and EUR 1,482,222.21 of hybrid loan interest accrued will be paid.

Destia Group Oyj’s Annual General Meeting of 17 March 2015 resolved that the number of Board members is six. Arto Räty was elected Chair of the Board. Jacob af Forselles, Matti Mantere, Panu Routila and Solveig Törnroos-Huhtamäki will continue as Board members. Marcus Ahlström was elected as a new Board member. All members elected to the Board of Directors have agreed to accept their positions.

The Annual General Meeting resolved that the Chairman is paid a monthly remuneration fee EUR 3.300, the Deputy Chairman and the Chair of the committees EUR 1.800 and the members EUR 1.500 per month. A meeting remuneration fee EUR 600 per board or committee meeting will also be paid to each participant. No remuneration will be paid to representatives of the Company’s shareholder.

The General Meeting elected the firm of auditors KPMG Oy, Authorised Public Accountants, as the company's auditor. The auditor with principal responsibility is APA Virpi Halonen.

Organization of the Board

At its organizing meeting, the Board of Directors appointed Panu Routila as Vice Chairman.

Two permanent Committees were appointed to assist the work of the Board of Directors: an HR Committee and an Audit Committee. An Advisory committee consisting of two Board members was also established.

Arto Räty was elected Chairman and Jacob af Forselles and Matti Mantere as the members of the HR Committee.

Solveig Törnroos-Huhtamäki was elected Chair of the Audit Committee, with Marcus Ahlström and Jacob af Forselles as members.

Arto Räty and Matti Mantere were elected as members of the Advisory Board.

Based on the Board's independence evaluation, all members of the Board are independent of the company, and excluding Panu Routila and Jacob af Forselles, also independent of the the owner.

Further information: Hannu Leinonen, President and CEO, tel. + 358 20 444 4000

Palaa takaisin