SkartaNYAB Plc: Resolutions of the Annual General Meeting

SkartaNYAB Plc
COMPANY ANNOUNCEMENT
03 May 2022 at 12:00

SkartaNYAB Plc: Resolutions of the Annual General Meeting

SkartaNYAB Plc’s Annual General Meeting that was held on 3 May 2022:

• adopted the financial statements and the consolidated financial statements for the financial period that ended on 31 December 2021
• decided that no dividends will be paid based on the balance sheet that was adopted for the financial period that ended on 31 December 2021
• decided to discharge persons, who have been members of the Board of Directors and CEO during the financial period that ended on 31 December 2021, from liability
• decided on the following remuneration to the members of the Board of Directors until the close of the following Annual General Meeting:
  • To a member of the Board of Directors, who does not work for SkartaNYAB Plc or a company belonging to the same group, 3000 euros per calendar month shall be paid as rewards, regardless of the number of meetings. In addition, reasonable costs and travelling expenses caused by the meetings shall be recompensed.
  • To a Chairman of the Board of Directors, who does not work for SkartaNYAB Plc or a company belonging to the same group, 4500 euros per calendar month shall be paid as rewards, regardless of the number of meetings. In addition, reasonable costs and travelling expenses caused by the meetings shall be recompensed.
  • To a member or Chairman of the Board of Directors, who works for SkartaNYAB Plc or a company belonging to the same group, no rewards shall be paid, but reasonable costs and travelling expenses caused by the meetings shall be recompensed.
  • To a member and Chairman of the Board of Directors, who does not work for SkartaNYAB Plc or a company belonging to the same group, a meeting fee of 500 euros shall also be paid for participating meetings of committees of the Board of Directors.
• decided to elect seven members to the Board of Directors
• decided to re-elect Markku Kankaala, Johan K Nilsson, Jukka Juola, Johan Larsson, Mikael Ritola, Aarne Simula, and Jari Suominen as members of the Board of Directors
• decided that the reward to the auditor will be paid according to the invoice that the company has approved
• decided to re-elect Authorized Public Accountant (KHT) Osmo Valovirta and audit firm Ernst & Young Oy, Authorized Public Accountant (KHT) Anders Forsström as the key audit partner, to act as auditors of the company until the close of the following Annual General Meeting
• decided to establish a shareholders’ nomination board and validate the charter of the nomination board, as proposed by the Board of Directors in the notice to the Annual General Meeting

The Board of Directors has decided in the organizing meeting that was held after the Annual General Meeting that Markku Kankaala continues as the Chairman of the Board, and Johan K Nilsson as the Vice Chairman. Minutes of the Annual General Meeting will be available in Finnish at https://skartanyab.com/hallinnointi/yhtiokokous/ no later than 17 May 2022.