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The Shareholders' Nomination Board of Valmet proposes the composition and remuneration of the Board of Directors as well as amending the charter of the Shareholders' Nomination Board
The Shareholders' Nomination Board of Valmet proposes the composition and remuneration of the Board of Directors as well as amending the charter of the Shareholders' Nomination Board
About this update from Valmet Corp
[{"type":"text","content":"Valmet Oyj's stock exchange release on December 19, 2025 at 3:00 p.m. EET","length":77,"tagName":"p"},{"type":"text","content":"ESPOO, Finland, Dec. 19, 2025 /PRNewswire/ --","length":50,"tagName":"p"},{"type":"text","content":"Proposal for the composition of the Board of Directors: no changes to current members and roles ","length":95,"tagName":"p"},{"type":"text","content":"The shareholders' Nomination Board of Valmet proposes to the next Annual General Meeting, which is planned to be held on March 25, 2026, that the Board of Directors consists of eight members for the term expiring at the close of the Annual General Meeting 2027, and that","length":279,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Anu Hämäläinen, Pekka Kemppainen, Annareetta Lumme-Timonen, Monika Maurer, Annika Paasikivi, Pekka Vauramo, Bernd Eikens and Jonas Gustavsson are re-elected as Board members, and","length":178,"tagName":"p"}]},{"val":[{"type":"text","content":"Pekka Vauramo be re-elected as the Chair of the Board and Annika Paasikivi be re-elected as the Vice-Chair of the Board.","length":120,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":298,"olType":false},{"type":"text","content":"If any nominee becomes unavailable, the Board size will be reduced accordingly and the remaining nominees will be elected as proposed. The Nomination Board can also update its proposal for the composition of the Board of Directors.","length":231,"tagName":"p"},{"type":"text","content":"The Nomination Board recommends that shareholders vote on the proposal as a whole at the Annual General Meeting.","length":112,"tagName":"p"},{"type":"text","content":"The Nomination Board has assessed and concluded that all proposed members are independent of Valmet as of the time of the proposal. All proposed members are also independent of significant shareholders, with the exception of Annareetta Lumme-Timonen (Investment Director, Solidium Oy) and Annika Paasikivi (Executive Chair of the Board, Oras Invest Oy).","length":353,"tagName":"p"},{"type":"text","content":"The Nomination Board notes that the Board elected by the Annual General Meeting will separately evaluate the independence of the Board members. Valmet complies with the Finnish Corporate Governance Code in defining the independence of the Board members.","len...