Stock Exchange Release
November 27, 2007
Outokumpu's Annual General Meeting of March 28, 2007 decided to
establish a Shareholders' Nomination Committee to prepare proposals
on the composition of the Board of Directors along with director
remuneration for the following Annual General Meeting.
The Annual General Meeting also decided that the Shareholders'
Nomination Committee consists of the representatives of Outokumpu's
four largest shareholders, registered in the Finnish book-entry
securities system as of November 1, 2007, which accept the
assignment.
The Shareholders' Nomination Committee of Outokumpu consists of the
following four shareholders: The Finnish State, The Finnish Social
Insurance Institution, Ilmarinen Mutual Pension Insurance Company and
Varma Mutual Pension Insurance Company.
These shareholders have chosen the following persons as their
representatives on the Shareholders' Nomination Committee: Jarmo
Väisänen, Senior Financial Counsellor, Prime Minister's Office (The
Finnish State); Jorma Huuhtanen, Director General (The Finnish Social
Insurance Institution); Jussi Laitinen, Chief Investment Officer
(Ilmarinen) and Matti Vuoria, President & CEO (Varma). The Chairman
of Outokumpu's Board of Directors Jukka Härmälä serves as an expert
member.
The Committee has today in its first meeting elected Jarmo Väisänen
as Chairman among its members.
The Shareholders' Nomination Committee is required to submit its
proposals to the Board of Directors of the company by February 1,
2008.
OUTOKUMPU OYJ
Corporate Management
Ingela Ulfves
VP - Investor Relations
Tel. +358 9 421 2438, mobile +358 40 515 1531, fax +358 9 421 2425
E-mail: ingela.ulfves@outokumpu.com
www.outokumpu.com
