Aldata Solution Oyj, Stock Exchange Release, 20 June 2012 at 08.30 p.m. (EET) ALDATA SOLUTION OYJ: DECISIONS OF THE 2012 ANNUAL GENERAL MEETING The Annual General Meeting of Aldata Solution Oyj was held in Espoo, Finland, on June 20(th), 2012. Financial statements were confirmed for the fiscal year 2011. The Annual General Meeting decided not to distribute a dividend. The Board Members and the CEO were discharged from liability. Confirmation of financial statements and dividend proposal The meeting approved the parent company's financial statements and consolidated financial statements for the year 2011 and decided unanimously according to the Board's proposal that no dividend will be distributed for the year 2011. The result for the year will be carried forward to the retained earnings account. Discharging from liability The Annual General Meeting unanimously discharged the Board members and the CEO from liability for the fiscal year 2011. Board of Directors' composition It was unanimously resolved that the Board of Directors consist of four members. The Annual General Meeting re-elected the following persons as the members of the Board of Directors: Mr. William Chisholm, Ms. Michele Fitzpatrick, Mr. Bertrand Sciard and Mr. Aarne Aktan. The Annual General Meeting unanimously resolved that the members of the Board of Directors being independent of the majority shareholder shall be paid as remuneration EUR 1,000 per month and EUR 1,000 per each meeting of the Board of Directors lasting over 10 minutes, irrespective if meeting in person or via teleconference. The Board convened after the Annual General Meeting. In the meeting Mr. William Chisholm was re-elected as the Chairman of the Board and Ms. Michele Fitzpatrick was re-elected as the Vice Chairman of the Board. The Board resolved not to establish any Board Committees at this point in time. Mr. Aarne Aktan, Ms. Michele Fitzpatrick and Mr. Bertrand Sciard are independent from the Company's major shareholder. Mr. William Chisholm is dependent on the major shareholder and Mr. Bertrand Sciard is dependent on the Company. Auditors Ernst & Young Oy was re-appointed to be the Company's auditor, under the supervision of principal auditor Anne Vuorio (APA). Aldata Solution Oyj Board of Directors More information: Investor relations, tel. +358 10 820 8000 About Aldata Aldata is a global leader in retail and distribution optimization. Our software and service solutions help retailers, distributors and manufacturers dramatically improve their business performance. We optimize categories, space, supply, logistics, and consumer engagement to increase our customers' revenue and margins, reduce time, cost and waste, and enhance on-shelf availability, service, and retention. Founded in 1988, Aldata has an unparalleled track record of delivering successful projects for the world's largest retail and consumer brands, national wholesale and distribution organizations, and regional store chains. Aldata Solution is a public company quoted on NASDAQ OMX Helsinki Ltd with the identifier ALD1V. Discover more about Aldata's customers, our solutions, and the multi-skilled global team that supports them at www.aldata.com Distribution: NASDAQ OMX Helsinki Ltd Media www.aldata.com [HUG#1621081]
ALDATA SOLUTION OYJ: DECISIONS OF THE 2012 ANNUAL GENERAL MEETING
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