Stonesoft Corporation Stock Exchange Release March 26, 2009 at 4:45 p.m. DECISIONS MADE BY THE ANNUAL GENERAL MEETING The Annual General Meeting (AGM) of Stonesoft Corporation held on March 26, 2009 confirmed the financial statements of the fiscal year 1.1.2008-31.12.2008 and granted release from liability for the members of the Board of Directors and the Managing Director (CEO). AGM decided, according to the proposal of the Board of Directors, not to pay any dividend for the fiscal year 1.1.2008-31.12.2008. AGM confirmed the number of Board members to be five and re-elected Ilkka Hiidenheimo, Topi Piela, Timo Syrjälä, Hannu Turunen and Matti Viljo as Board members. The compensation for the Board members was set to EUR 2,000 per month and 15.000 option-rights under Stock Option-program 2008 (3.750 options in categories A,B,C and D) and for the Chairman of the Board to EUR 4,000 per month and 15.000 option-rights under Stock Option-program 2008 (3.750 options in categories A,B,C and D). It was further decided that the Board members who are the main shareholders in the company will not receive compensation. Authorized public accountants Ernst & Young Oy with authorized public accountant Bengt Nyholm as the main responsible auditor was elected as the auditor of the company. Decision on authorization It was decided that the General Meeting will authorize the Board of Directors to decide on the issuance of shares, options and other special rights, in one or several issues, so that the total number of new shares may be 11,450,000 at the maximum. Based on the authorization the Board of Directors may decide on issuance of shares to the shareholders according to the shareholders' pre-emptive subscription rights as well as in a directed issuance of shares or stock options or other special rights in deviation from the shareholders' pre-emptive subscription rights in case the deviation is justified by a weighty financial reason for the company, such as financing of an acquisition, other arrangement concerning the business of the company or development of its capital structure, or incentive to the company's personnel. The issue may be directed in whole or in part to the main shareholders of the company Ilkka Hiidenheimo and Hannu Turunen, who have confirmed still to be ready to invest at least three (3) million euros in the company in form of convertible bond or directed issuance of shares in order to strengthen the company's capital structure with an additional cash reserve and to ensure the continuance of the positive development in the future in line with the company's strategy and growth plan. The commitment given by the main shareholders is in force until the end of the AGM in 2010. The Board of Directors will be authorized to decide on other terms and conditions related to the share issues and to the issuance of option or other special rights. The authorization is in force until the end of the 2010 AGM. Stonesoft Corporation Ilkka Hiidenheimo Chief Executive Officer For further information, please contact: CEO Ilkka Hiidenheimo, Stonesoft Corporation Tel. +358 9 47 67 11 ilkka.hiidenheimo@stonesoft.com Distribution: NASDAQ OMX Helsinki Ltd Main media www.stonesoft.com
DECISIONS MADE BY THE ANNUAL GENERAL MEETING
| Source: Stonesoft