SAMPO PLC DECISIONS OF ANNUAL GENERAL MEETING 24 April 2014 at 5.10 pm
Decisions of Sampo plc's Annual General Meeting
The Annual General Meeting of Sampo plc, held on 24 April 2014, decided to distribute a dividend of EUR 1.65 per share for 2013. The record date for dividend payment is 29 April 2014 and the dividend is paid on 7 May 2014. The Annual General Meeting adopted the financial accounts for 2013 and discharged the Board of Directors and the Group CEO and President from liability for the financial year.
The Annual General Meeting re-elected all the eight members to the Board. The following members were re-elected to the Board of Directors: Anne Brunila, Jannica Fagerholm, Adine Grate-Axén, Veli-Matti Mattila, Eira Palin-Lehtinen, Per Sørlie, Matti Vuoria and Björn Wahlroos. All the Board members are independent of the company and of the major shareholders. The curriculum vitaes of the Board Members are available at www.sampo.com/board.
At its organizational meeting, the Board elected Björn Wahlroos as Chairman and Matti Vuoria as Vice Chairman. The following members were elected to the Nomination and Compensation Committee: Veli-Matti Mattila, Eira Palin-Lehtinen, Matti Vuoria, and Björn Wahlroos (Chairman). Anne Brunila (Chairman), Jannica Fagerholm, Adine Grate Axén, and Per Sørlie were elected to the Audit Committee.
The Annual General Meeting decided to pay the following fees to the members of the Board of Directors until the close of the 2015 Annual General Meeting: the Chairman of the Board will be paid EUR 160,000 per year, the Vice Chairman EUR 100,000 per year and the other members EUR 80,000 per year. A Board member shall in accordance with the resolution of the Annual General Meeting acquire Sampo plc's A shares at the price paid in public trading for 50 per cent of his/her annual fee excluding taxes and similar payments. The fees have remained on the same level since year 2008.
Ernst & Young Oy was elected as Auditor. The Auditor will be paid a fee determined by an invoice approved by Sampo. Heikki Ilkka, APA, will continue as the principally responsible auditor.
The Annual General Meeting authorized the Board to acquire in one or several lots a maximum of 50,000,000 Sampo A shares. Shares can be repurchased in other proportion than the shareholders' proportional shareholdings (directed repurchase). The share price will be no higher than the highest price paid for Sampo shares in public trading at the time of purchase. The authorization will be valid until the close of the next Annual General Meeting, nevertheless not more than 18 months after AGM's decision.
There were 2,821 shareholders represented at the meeting holding altogether 374,585,140 shares and 379,385,140 votes in the company. All decisions were made unanimously.
The proposals of the Board of Directors and its Nomination and Compensation Committee and Audit Committee approved by the Annual General Meeting were published in stock exchange releases on 12 February 2014. The Board proposals are available in their entirety at www.sampo.com/agm.
The minutes of the Annual General Meeting will be available for viewing at Sampo plc's head office at Fabianinkatu 27, Helsinki, Finland, and at www.sampo.com/agm on 8 May 2014 at the latest.
SAMPO PLC
Jarmo Salonen
Head of Investor Relations and Group Communications
For further information, please contact:
Jarmo Salonen
Head of Investor Relations and Group Communications
tel. +358 10 516 0030
Maria Silander
Press Officer
tel. +358 10 516 0031
Distribution:
NASDAQ OMX Helsinki
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Financial Supervisory Authority
www.sampo.com