Enento Group Plc | Stock Exchange Release | February 14, 2024 at 16:10:00 EET
In the English version of the stock exchange release published on 14 February 2024 at 3 pm, there was a mistake in the Nomination Board’s proposal concerning the members of the Board of Directors to be re-elected: Nora Kerppola’s name was incorrectly omitted. Correct version should have included the following proposal: The Board proposes that Erik Forsberg, Martin Johansson, Tiina Kuusisto, Nora Kerppola, Patrick Lapveteläinen and Minna Parhiala would be re-elected as members of the Board of Directors. The Finnish version of the stock exchange release included all current members of Board of Directors. Full version of the corrected release:
On 15 January 2024, Enento Group Plc published the Shareholders’ Nomination Board’s proposals for the Annual General Meeting 2024.
Otava Oy (shareholder of the Company with 10.02 per cent ownership) has contacted the Company and proposed the following with respect to the proposals of the Shareholders’ Nomination Board:
- that the number of members in the Board of Directors be seven (7), and
- that Markus Ehrnrooth be elected as a new member of Board of Directors.
The proposal by the Nomination Board would otherwise remain unchanged and as is in accordance to the proposal published on 15 January 2024.
The Nomination Board concurs with the proposal presented by Otava Oy and proposes to the Annual General Meeting 2024 that this proposal be approved. Further information on the nominees in their entirety is available on the Company’s website https://enento.com/board-of-directors/.
The Nomination Board’s proposals will be included in the Annual General Meeting invitation in their entirety.
The proposal of the Nomination Board would therefore read as follows:
Enento Group Plc’s Nomination Board proposes the number of members in the Board of Directors to be seven (7). The Board proposes that Erik Forsberg, Martin Johansson, Tiina Kuusisto, Nora Kerppola, Patrick Lapveteläinen and Minna Parhiala would be re-elected as members of the Board of Directors.
The Board proposes Markus Ehrnrooth to be elected the Board of Directors as a new member.
Remuneration of the members of the Board of Directors
The Board proposes that the remuneration payable to the Board of Directors Chairperson is 55.000 euros per year and to other Board members 39.500 euros per year. An attendance fee of 500 euros shall be paid per Board of Directors meeting.
The Board proposes that chairpersons of Board of Directors committees shall be paid an attendance fee of 500 euros and the committee members shall be paid an attendance fee of 400 euros per committee meeting. The Board proposes that no remuneration will be paid to the Nomination Board members.
The Board proposes that reasonable travelling expenses for the attendance to the meetings shall be paid to members of Board of Directors.
The Board proposes that this proposal for remuneration will become effective after the next Annual General Meeting.
The Board proposes that the Charter of the Shareholders Nomination Board will be amended so that the Nomination Board will in the future prepare and present to the AGM a proposal on the Chairperson of the Board of Directors.
Some amendments of technical nature are also proposed to be made to the Charter of the Shareholders Nomination Board.
ENENTO GROUP PLC
For further information:
Juuso Jokela, Legal Counsel
Tel. +358 10 270 7403
For investor inquiries:
Arto Paukku
Investor Relations Officer
Tel. +358 50 469 5380