Shareholders’ Nomination Board

On 6 May 2021, the Annual General Meeting of Loihde Plc resolved to establish a Shareholders’ Nomination Board to prepare proposals on the election and remuneration of the members of the Board of Directors for the General Meeting and confirmed the rules of procedure for the Nomination Board.

The Shareholders’ Nomination Board is the governing body of the company’s shareholders or their representatives, the duty of which it is to annually prepare the proposals regarding the election and remuneration of the Chairperson and members of the Board of Directors for the Annual General Meeting, and for the Extraordinary General Meeting when required. It is the main duty of the Nomination Board to ensure that the Board of Directors and its members have sufficient expertise, know-how and experience that correspond to the company’s needs and to prepare well-founded proposals on the matter to the General Meeting.

Members of the Shareholders’ Nomination Board:

  • Kalervo Haapoja, Piia Uusi-Kakkuri and Christian Wetterstrand, appointed by Virian pienosakkaat ry,
  • Jussi Hattula, appointed by Tesi,
  • Juha Malm, appointed by LocalTapiola, and
  • Antti Pelkonen, appointed by Katja Ahola and Janne Tuomikoski.

The Chairperson of Loihde’s Board of Directors Timo Kotilainen participated in the work of the Nomination Board as an expert without right to participate in the decision-making.