Proposal of the Shareholders' Nomination Board on the composition and remuneration of the Board of Directors of Finnair Plc


Finnair Plc          Stock Exchange Release            29 January 2016 at 10:40
am EET

The Shareholders' Nomination Board proposes to Finnair Plc's Annual General
Meeting (AGM) to be held on 17 March 2016 that the number of members of the
Board of Directors would be confirmed as seven.

Proposal on the composition of Board of Directors

The Shareholders' Nomination Board proposes that Maija-Liisa Friman, Klaus W.
Heinemann, Jussi Itävuori, Gunvor Kronman, Jaana Tuominen and Nigel Turner be re
-elected as members of the Board of Directors, and that Mr Jouko Karvinen be
elected as new member to the Board of Directors. All candidates have given their
consent to the position.

Mr Jouko Karvinen (b. 1957, MSc (Tech.)) was the CEO of Stora Enso between 2007
and 2014. From 2002 to 2006 he was the CEO of the Medical Division of Royal
Philips, before which he held several executive positions at ABB Asea Brown
Boveri since the 1980’s. Mr Karvinen is a member of the Board of Directors of
Nokia and SKF, a member of the Foundation and Supervisory Boards of IMD business
school, Lausanne, Switzerland, and a member of the International Advisory Board
of Komatsu Corporation of Japan.

The biographical details of the other proposed board members can be found on the
Internet at http://www.finnairgroup.com/group/group_4.html.

The Nomination Board further proposes that Mr Klaus W. Heinemann be re-elected
as Chairman of the Board. He has been a member of the Board since 2012 and
Chairman of the Board since 2013.

Proposal on Board of Directors’ remuneration

The Nomination Board proposes to the AGM that the annual remunerations of the
members of the Board of Directors would remain unchanged and be the following:

- Chairperson 61,200 euros

- Vice Chairperson 32,400 euros

- Chairpersons of the Audit Committee and Compensation and Nomination Committee
32,400 euros, where these individuals are neither the Chairperson nor the Vice
Chairperson of the Board

- Other members 30,000 euros per year

The Nomination Board proposes to the AGM that each member’s fee for a meeting of
the Board of Directors or its Committee would be 600 euros when the meeting
takes place in the member’s country of residence and 2,400 euros for other
meetings. For telephone meetings, the fee would be 600 euros.

The members would be entitled to reimbursement of reasonable travel and
representation expenses in accordance with the company’s general expenses
policy.

The members and their spouses would be entitled to discounted travel on the
company’s flights in accordance with the company’s discount ticket policy
regarding the Board of Directors.

The Nomination Board

The Shareholders' Nomination Board consists of the representatives of the three
largest shareholders of Finnair as of 1 September 2015, namely Eero Heliövaara,
Director General of the Government Ownership Steering Department, Prime
Minister's Office (Chairman); Robin Backman, Portfolio Manager, KEVA; and Timo
Ritakallio, Chief Executive Officer, Ilmarinen. In addition, the Shareholders'
Nomination Board includes Klaus Heinemann, Chairman of Finnair's Board of
Directors.

The above proposals will be included in the notice to convene the AGM, which
will be published later.

For further information, please contact:

Eero Heliövaara, Director General of the Government Ownership Steering
Department, Prime Minister's Office, tel. +358 029 5160 150.

Finnair Plc

Communications
Further information:
Finnair communications, tel. +358 9 818 4020, comms(a)finnair.com

Distribution:
Nasdaq Helsinki
Principal media
Finnair is a network airline specialising in passenger and cargo traffic between
Asia and Europe. Helsinki’s geographical location gives Finnair a competitive
advantage, since the fastest connections between many European destinations and
Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a
unique Nordic experience, and its mission is to offer the smoothest, fastest
connections in the northern hemisphere via Helsinki and the best network to the
world from its home markets. Finnair is the only Nordic carrier with a 4-star
Skytrax ranking and a member of the oneworld alliance. In 2014, Finnair’s
revenues amounted to EUR 2,400 million and it had a personnel of almost 4,500 at
the year-end. Finnair Plc’s shares are quoted on Nasdaq Helsinki.