Varma’s Annual General Meeting appoints six new members to Supervisory Board

The Annual General Meeting approved the financial statements and discharged the Board of Directors, the Supervisory Board and the President and CEO from liability.

The new members elected to the Supervisory Board are:

• Jukka Jäämaa, CEO & Managing Director, ISS Facility Service Finland
• Timo Karttinen, CFO, Fortum Corporation
• Niina Koivuniemi, Organisation Manager, Service Union United PAM
• Ville Kopra, Managing Director, Versowood Oy
• Timo Koskinen, Senior Vice President, Human Resources, VR Group Ltd
• Jari Suominen, Executive Vice President, Stora Enso Wood Products Division

Continuing as Supervisory Board members are:

Kari Jordan (Chairman), Martti Alakoski (Deputy Chairman), Satu Wrede (Deputy Chairman), Juri Aaltonen, Petri Castrén, Erkki Etola, Stig Gustavson, Tauno Heinola, Jarmo Hyvärinen, Erkki Järvinen, Tapio Korpeinen, Päivi Kärkkäinen, Päivi Leiwo, Olli Luukkainen, Ilkka Nokelainen, Lauri Peltola, Matti Rihko, Leena Vainiomäki, Jorma Vehviläinen, Christoph Vitzthum, Anssi Vuorio and Göran Åberg.

The Annual General Meeting decided that the Supervisory Board’s remuneration would remain unchanged. The annual remuneration of the Chairman of the Supervisory Board is EUR 5,000, of the Deputy Chairmen EUR 3,800 and of other members, EUR 2,500. Additional remuneration of EUR 300 is paid per meeting. Members of the Supervisory Board are insured under Section 8 of the Employees Pensions Act TyEL, and a TyEL contribution is paid on the meeting fee.

For more information, please contact:

Katri Viippola, Senior Vice-President, Communications, HR and Corporate Social Responsibility, tel. +358 40 012 9500, firstname.lastname@varma.fi