Decisions taken by Vacon Plc's Annual General Meeting and

Vacon Plc, Stock Exchange Release, 26 March 2013 at 6.20 pm (EET)

Vacon Plc's Annual General Meeting (AGM) was held in Vaasa today, 26 March 2013.

Payment of dividend

The AGM adopted the proposal by the Board of Directors to pay a dividend of EUR
1.10 per share. The record day for the dividend payment is 2 April 2013. The
dividend will be paid on 9 April 2013.

Adoption of the annual accounts and resolution on the discharge from liability

The annual accounts of Vacon Plc for the fiscal year 2012 were approved and the
members of the Board of Directors as well as the President and CEO were
discharged from liability for the fiscal year 2012.

Composition and remuneration of the Board of Directors

The number of members of the Board of Directors was confirmed to be seven. Pekka
Ahlqvist, Jari Eklund, Jan Inborr, Juha Kytölä, Panu Routila, Mika Vehviläinen
and Riitta Viitala were re-elected as members of the Board of Directors.

The AGM resolved to pay the members of the Board of Directors a basic fee of EUR
1,500 a month and an additional fee of maximum EUR 3,000 a month. The additional
fee is determined based on the development of the Group's revenues and operating
profit for the fiscal year 2013. It was resolved that the Chairman of the Board
of Directors shall be paid twice the basic fee and the additional fee of the
members of the Board of Directors. In addition, the compensation for attendance
at the meetings of the Board of Directors' permanent committees will be EUR 500
per meeting. The travel expenses of the members of the Board of Directors will
be compensated in accordance with the Company's Travel Policy.

Auditor and his remuneration

The number of auditors was confirmed to be one. PricewaterhouseCoopers Oy was
elected as the Company's auditor with Markku Katajisto (APA) as the principal
auditor. The remuneration for the Auditor will be paid according to the
Auditor's invoicing.

Authorizations of the Board of Directors

The AGM adopted the proposals of the Board of Directors to authorize the Board
of Directors to resolve to repurchase shares in the Company as well as to decide
on a share issuance and donations.

The Board of Directors was authorized to decide on the repurchase of maximum
1,400,000 own shares, which corresponds to appr. 9.2 percent of all of the
shares in the Company. The authorization is effective until June 30, 2014. The
authorization cancels the authorization given by the AGM on March 27, 2012 to
decide on the repurchase of the Company's own shares.

The Board of Directors was authorized to decide on the issuance of shares so
that the number of shares to be issued shall not exceed 1,529,500 shares, which
corresponds to 10 percent of all the shares in the Company. The authorization is
effective until March 26, 2018, and cancels the authorization given by the AGM
on March 27, 2012, to decide on the issuance of shares.

The Board of Directors was authorized to decide on donations not exceeding EUR
30,000 in total and their recipients, amounts and terms. The authorization is
effective until the close of the next Annual General Meeting.

The proposals of the Board of Directors, approved by the AGM, regarding said
authorizations were reported in more detail in the stock exchange release of 25
February 2013.

The minutes of the AGM is available on the Company's website on
www.vacon.com/investors/Corporate-Governance/Annual-general-meetings/Vacon-AGM-
2013/ as from 9 April 2013 at the latest.

Board of Directors' organizing meeting

After the AGM, the Board of Directors at its organization meeting elected Panu
Routila as Chairman and Mika Vehviläinen as Vice Chairman of the Board. As
members of the Board's Nomination and Remuneration Committee, were elected Jan
Inborr (Chairman), Mika Vehviläinen and Riitta Viitala. Panu Routila (Chairman),
Jari Eklund and Juha Kytölä were elected as the members of the Audit Committee.

VACON PLC

Board of Directors

Further information:

  * Director, Corporate Communications and Investor Relations, Sebastian Linko,
    Phone +358 40 837 1634

Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the best AC drives
and inverters in the world - and provide customers with efficient product
lifecycle services. Our AC drives offer optimum process control and energy
efficiency for electric motors. Vacon inverters play a key role when energy is
produced from renewable sources. Vacon has production and R&D facilities in
Europe, Asia and North America, and sales offices in 29 countries. Further,
Vacon has sales representatives and service partners in nearly 90 countries. In
2012, Vacon's revenues amounted to EUR 388.4 million, and the company employed
globally approximately 1,500 people. The shares of Vacon Plc (VAC1V) are quoted
on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki).

Driven by Drives, www.vacon.com

Distribution:

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media






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Decisions taken by Vacon Plc's Annual General Meeting and the Board of Directors' organizing meeting
