Proposals of the Board of Directors and its committees to the Annual General Meeting
Financial statements
It is proposed that the financial statements and the consolidated financial statements be adopted by the Annual General Meeting.
Consideration of the result for the financial year and dividend
It is proposed to the Annual General Meeting that no dividend be paid for the financial year 2009.
Remuneration of members of the Board of Directors and the Auditor
The Board of Directors' Nomination and Compensation Committee proposes to the Annual General Meeting that the remuneration for the members of the Board of Directors be kept unchanged, i.e. the Chairman shall be paid EUR 76,500, Vice Chairman EUR 64,500 and ordinary members EUR 50,400 annually and further that a fee of EUR 500 be paid for each meeting of the Board of Directors and its Committees. The Committee further proposes that approximately one half of the annual remuneration be paid in the company's B-class shares to be acquired from public trading between 29 March and 1 April 2010.
The number of members of the Board of Directors
The Board of Directors' Nomination and Compensation Committee proposes to the Annual General Meeting that the number of members of the Board of Directors be nine (9) members.
Election of the members of the Board of Directors
The Board of Directors' Nomination and Compensation Committee proposes to the Annual General Meeting that Martti Asunta, Kari Jordan, Kai Korhonen, Liisa Leino, Juha Niemelä, Antti Tanskanen and Erkki Varis be re-elected members of the Board of Directors and that Kirsi Komi, LL.M. and Mikael Aminoff, M.Sc. (For) be elected as new members. The term of office of the Board members will continue until the end of the next Annual General Meeting.
Remuneration of the Auditor
The Board of Directors proposes, in accordance with the Audit Committee’s recommendation that a fee in accordance with the auditor's invoice be paid to the auditor.
Election of the auditor
The Board of Director proposes, in accordance with the Audit Committee’s recommendation that PricewaterhouseCoopers Oy, Authorized Public Accountants, be re-elected as auditor. The auditors' term of office will continue until the end of the next Annual General Meeting.