Stock Exchange Release
September 3, 2015 at 10.30 am (CET+1)
According to the decision of the Kemira Oyj's Annual General Meeting, the Nomination Board consists of representatives of the four largest shareholders of Kemira Oyj as of August 31 preceding the Annual General Meeting and the Chairman of the Board of Directors of the Company as an expert member.
Based on the ownership status of Kemira Oyj as of August 31, 2015, the shareholders represented in the Nomination Board are Oras Invest Oy, Solidium Oy, Varma Mutual Pension Insurance Company and Ilmarinen Mutual Pension Insurance Company.
The representatives of the four largest shareholders in the Nomination Board are Pekka Paasikivi, Chairman of the Board of Oras Invest Oy; Kari Järvinen, Managing Director of Solidium Oy; Risto Murto, President and CEO, Varma Mutual Pension Insurance Company and Timo Ritakallio, President and CEO, Ilmarinen Mutual Pension Insurance Company. Jari Paasikivi, Chairman of Kemira's Board of Directors acts as an expert member.
The tasks of the Nomination Board are annually
- preparation of the proposal for the Annual General Meeting concerning the composition of the Board of Directors;
- preparation of the proposal for the Annual General Meeting concerning the remuneration of the Board of Directors;
- identification of successor candidates for the members of the Board of Directors; and
- presentation of the proposal concerning the composition and remuneration of the Board of Directors to the Annual General Meeting.
For more information, please contact
Kemira Oyj
Jukka Hakkila, Group General Counsel
Tel. +358 10 862 1690
Tero Huovinen, Senior Vice President, Communications & Corporate Responsibility
Tel. +358 10 862 1980
Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2014, Kemira had annual revenue of EUR 2.1 billion and around 4,250 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
www.kemira.com
