Decisions taken by Suominen Corporation’s Annual General Meeting and the Board of Directors

About this update from Suominen Oyj

[{"type":"image","alt":"Suominen Corporation","displaySize":"","headline":null,"caption":"Suominen Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":46,"url":"https://media.zenfs.com/en/globenewswire.com/a981372bf984baf1e4de029928b7eb7c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/r9jgNIGS6BnobgqW1ZUJfg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTY0O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/a981372bf984baf1e4de029928b7eb7c","width":300,"height":46}},"lazy":false},{"type":"text","content":"Suominen Corporation's Stock Exchange Release on April 25, 2025 at 3:45 p.m. (EEST)","length":87,"tagName":"p"},{"type":"text","content":"The Annual General Meeting (AGM) of Suominen Corporation was held today on April 25, 2025 in Helsinki, Finland. The AGM adopted the Financial Statements for 2024 and discharged the members of the Board of Directors and the President and CEO from liability for the financial year 2024.","length":284,"tagName":"p"},{"type":"text","content":"The AGM resolved to adopt the Remuneration Report for the Company’s governing bodies for 2024. The resolution made by the AGM is advisory.","length":138,"tagName":"p"},{"type":"text","content":"Use of the profit shown on the balance sheet","length":44,"tagName":"p"},{"type":"text","content":"The AGM decided, in accordance with the proposal by the Board of Directors, that no dividend be paid based on the adopted balance sheet regarding the financial year 2024 and that the distributable funds be left in the company’s unrestricted equity.","length":248,"tagName":"p"},{"type":"text","content":"Resolution on the remuneration of the members of the Board of Directors","length":71,"tagName":"p"},{"type":"text","content":"The AGM decided, in accordance with the proposal of the Shareholders’ Nomination Board, that the remuneration of the Board of Directors remains unchanged and is as follows: the Chair is paid an annual fee of EUR 74,000, the Deputy Chair an annual fee of EUR 45,000 and other Board members an annual fee of EUR 35,000. The Chair of the Audit Committee is paid an additional fee of EUR 10,000. Further, the members of the Board will receive a fee for each Board and Committee meeting as follows: EUR 500 for each meeting held in the home country of the respective member, EUR 1,000 for each meeting held elsewhere than in the home countr...

More updates from Suominen Oyj