Admicom Oyj

Proposals from Admicom’s Nomination Committee for the AGM 2024


Unofficial translation of the company release on February 1, 2024 at 9:00 a.m. EET. In case the document differs from the original, the Finnish version prevails.

The nomination committee

As decided by Admicom’s AGM in 2023, a nomination committee has been formed among Admicom’s largest owners to prepare proposals for the AGM 2024. The members of the nomination committee are:

  • Jan Andersson, elected by Swedbank Robur Fonder,    
  • Antti Katajisto, elected by SEB Investment Management,
  •  Ville Kivipelto, elected by Danske Fonder and
  • Jonathan Schönbäck, elected by ODIN Fonder.

Petri Niemi, chairman of board of Admicom, has been co-opted to the nomination committee.

The nomination committee has held three meetings to prepare it proposals to the 2024 AGM. Beside discussing the Company’s strategy and challenges over the next few years with the chairman, the nomination committee has made individual interviews with all board members and have concluded that the board work is efficient with ambitious and well-motivated board members.

After the committee meetings and interviews with the board members the nomination committee decided not to propose any changes to the current composition of the board. After the changes executed during the last couple of years the committee is in the opinion that the current board is in line with the company strategy what comes to the different competencies as well as the number of the members.


The nomination committee proposes unanimously to the 2024 AGM that

  1. The board of Admicom shall consist of seven members up to the AGM 2025

  2. Re-election of board members:
    - Mr. Pasi Aaltola,
    - Mr. Tomi Lod,
    - Ms. Henna Mäkinen,
    - Mr. Petri Niemi,
    - Mr. Olli Nokso- Koivisto,
    - Ms. Camilla Skoog and
    - Mr. Marko Somerma

  3. Mr. Petri Niemi is re-elected as chairman of the board.

  4. The remuneration of the board shall be €28,000 (last year €26,000) for each board member, who is not employed by Admicom, and €60,000 (€58,000) for the chairman of the board. For work at the audit committee, the chairman of the audit committee shall receive an additional €5,000 and other members of the audit committee shall receive an additional €2,500 each (unchanged compared to the last year)

  5. The instruction for forming a nomination committee, as adopted by the AGM 2023, shall remain unchanged.


    Motivated statement

    The fiduciary responsibility of the nomination committee is to act in the interest of all shareholders of the Company, finding an optimal board which balances current and future needs. Admicom is fast growing a Finnish digital champion, founded by the entrepreneur Matti Häll.

    The partly new board that was elected at the AGM 2023 has pursued a decisive work to implement a strategy for Admicom’s continued profitable growth. A legal structure has been adopted to comply with a modern governance structure and a partly new management team has been installed.

    The nomination committee concludes that it is important that the proposed board can continue to realise its strategy and is confident that, Admicom’s further growth is well supported.

    Continued attention has been paid to secure that the board has a composition which is characterised by a breadth of qualifications and experiences as well a fair gender balance. The proposed board consists of five men and two women, i.e. 29% women and 71% men. The nomination committee is committed to continue its efforts to further improve the gender balance.

    Jyväskylä, February 2024


    Additional information: 

    Petri Kairinen 
    +358 50 303 4275 

    Satu Helamo 
    +358 45 633 7710

    Certified Advisor:

    Oaklins Merasco Oy 
    +358 9 6129 670 


    Admicom Oyj

    Established in 2004, Admicom is a pioneer in system development and a comprehensive software and accounting services partner for small and medium-sized enterprises.

    At the core of our service package is the Admicom Ultima ERP system (formerly Adminet), which covers a wide range of solutions for managing customer companies' operations from mobile tools on the construction site to real-time financial monitoring and project management. A highly automated SaaS solution helps SMEs improve their competitiveness and profitability and saves significant time on site and in the office. We also offer our clients training, consulting and accounting services.

    Our software family also includes Ultima Lite (formerly Adminet Lite), a cost-effective software and service package for small businesses, Admicom Flex (formerly Hillava), a precision solution for mobile work management, Admicom Vision (formerly Kotopro), which offers modern solutions for higher quality documentation, and a project management unit whose range of services includes solutions for quantity and cost calculation (Estima and Estima Pro), scheduling (Tempo and Planner, formerly Tocoman Aikataulu) and BIM3 solutions for utilising building information models.

    We are constantly working to coordinate the functions of our software family in order to provide our customers with a consistent user experience between systems and eliminate

    extra work phases, enabling our customers to do more profitable business using modern software solutions.

    The continuously growing Admicommunity employs more than 270 people in its offices in Jyväskylä, Helsinki, Tampere, Oulu, Seinäjoki and Turku. More information:

    Admicom's press releases and financial reports:

    Subscribe to releases from Admicom Oyj

    Subscribe to all the latest releases from Admicom Oyj by registering your e-mail address below. You can unsubscribe at any time.

    Latest releases from Admicom Oyj

    ADMICOM OYJ BUSINESS REVIEW Q1 1.1.-31.3.2024: Growth in a challenging market, ARR growth +10 %10.4.2024 09:05:00 EEST | Press release

    Unofficial translation of the company release on April 10, 2024 at 9 AM EEST. In case the document differs from the original, the Finnish version prevails. Welcome to join an investor call on Admicom's Q1 results on 10 April 2024 at 11.00 EEST. You can register for the event via this link: Figures in parenthesis refer to the comparable period in the previous year, unless otherwise stated. January-March 2024 (Q1): Annual recurring revenue (ARR)1) grew by 10.0% to EUR 33.8 million (30.7). Recurring revenue2) grew 7.4 % and was EUR 8.1 million (7.5). Revenue grew 4.8 % and was EUR 8.6 million (8.2). Adjusted EBITDA3) was EUR 2.7 million (3.0), 30.9% of revenue (36.7%). Adjustments to EBITDA were EUR 80 thousand. Adjusted EBIT3) was EUR 1.7 million (2.3), or 19.9% of revenue (27.6%). Earnings per share were EUR 0.21 (0.32). Admicom strengthened its forerunner position in construction technology solutions by acquiring asset

    Decisions of Admicom Oyj's Annual General Meeting on March 19, 202419.3.2024 16:25:00 EET | Press release

    Unofficial translation of the company release on March 19, 2023 at 4:20 p.m. EET. In case the document differs from the original, the Finnish version prevails. Admicom Oyj's Annual General Meeting on March 19, 2024 approved the company's financial statements for the financial year 2023 and discharged the members of the Board of Directors and the CEO from liability for the financial year 2023. The decisions can be read in full from the minutes of the Annual General Meeting, available in Finnish on Admicom Oyj’s website on April 2, 2024 at the latest. Distribution of profits The Annual General Meeting resolved that a dividend of EUR 0.70 per registered share be paid of the profit for the financial period. The dividend will be paid to a shareholder registered in the Company’s shareholders’ register maintained by Euroclear Finland Oy on the dividend record date March 21, 2024. The dividend will be paid on March 28, 2024. The Board of Dir

    Admicom Oyj: Notice convening the annual general meeting 202427.2.2024 10:05:00 EET | Press release

    Unofficial translation of the company release on February 27, 2024 at 10:00 a.m. EET. In case the document differs from the original, the Finnish version prevails. Notice is given to the shareholders of Admicom Oyj of the Annual General Meeting to be held on Tuesday 19 March 2024 at 13.00EET at Hotelli Verso, conference room (2nd floor), Kauppakatu 35, 40100 Jyväskylä, Finland. The reception of persons who have registered for the meeting and the distribution of ballots at the meeting venue will commence at 12.30 EET. Shareholders may also exercise their voting rights by voting in advance. Instructions on advance voting can be found in this notice under section C. Shareholders who have registered for the General Meeting and their proxy representatives may also follow the meeting via an online broadcast. A link to the online broadcast will be sent to the email address and/or mobile phone number provided at the time of registration. It is not possible to present questions, make counterpro

    Admicom vahvistaa edelläkävijyyttä rakennusalan ohjelmistoratkaisuissa ostamalla kalustonhallinta- ja IoT ohjelmistoratkaisu Trackinnon19.1.2024 12:00:00 EET | Tiedote

    Lehdistötiedote 19.1.2024 klo 12 Admicom ostaa pilvipohjaista kalustonhallinta-, kunnossapito- ja paikannusratkaisua kehittävän Trackinno Oy:n koko osakekannan. Kaupan myötä Admicomin ohjelmistoperhe ja liiketoiminta vahvistuvat uusilla älykäillä toiminnallisuuksilla, IoT-ratkaisuilla, kumppanuuksilla, ja kasvu- ja kansainvälistymispotentiaalilla. Vuonna 2015 perustettu Trackinno Oy kehittää erityisesti rakennus- ja kiinteistöalalle ja teollisuuteen suunnattua mobiilisovelluksella tai selaimella käytettävää ohjelmistoratkaisua. Ratkaisu tehostaa ja yksinkertaistaa kaluston, laitteiden, varastojen hallintaa, ylläpitoa ja käytön optimointia, sekä parantaa liiketoiminnan dataohjautuvuutta. Trackinno Oy:n liikevaihto vuodelta 2023 oli noin 0,5 miljoonaa euroa ja käyttökate 14 % liikevaihdosta. Yhtiön toistuvien ohjelmistotuottojen liikevaihto muodosti vuonna 2023 noin 87 % liikevaihdosta. Vuoden 2023 lopussa yhtiön toistuvien ohjelmistotuottojen sopimuskanta oli vuositasolle muutettuna (AR

    Admicom strengthens its pioneering position in software solutions for the construction industry by acquiring the asset management and IoT software solution Trackinno19.1.2024 12:00:00 EET | Press release

    Press release 19.1.2024 at 12 noon EET Admicom strengthens its pioneering position in software solutions for the construction industry by acquiring the asset management and IoT software solution Trackinno Admicom acquires the entire share capital of Trackinno Oy, a company developing a cloud-based asset management, maintenance and tracking solution. With the acquisition, Admicom's software family and business operations will be strengthened with new smart functionalities, IoT solutions, partnerships, and growth and internationalisation potential. Trackinno Oy, founded in 2015, develops a software solution that can be used with a mobile application or browser especially for the construction, real estate and industrial sectors. Software solution enhances and simplifies the management, maintenance and optimisation of the use of equipment, building systems, inventory, and improves visibility for operational data. Trackinno Oy's revenue for 2023 was approximately EUR 0.5 million and EBITDA

    In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

    Visit our pressroom
    HiddenA line styled icon from Orion Icon Library.Eye