1. Composition of the Board of Directors
The Nomination Committee, which the Board of Directors has elected from among its members, proposes that the Board of Directors shall consist of seven (7) members.
The Nomination Committee proposes that to the Board of Directors, until the end of the Annual General Meeting of Shareholders following the election, be re-elected Ms. Eija Ailasmaa, Mr. George V. Bayly, Mr. Robertus van Gestel, Mr. Paavo Hohti, Mr. Mikael Lilius, Mr. Anthony J.B. Simon and Mr. Jukka Suominen.
2. Fees of the Board of Directors
The Annual General Meeting of the Shareholders held on March 30, 2005 confirmed the following fees for the Board: the annual fee for the Chairman is EUR 80,000, for the Vice Chairman EUR 50,000 and for other members EUR 40,000. In addition, a meeting fee of EUR 500 per meeting shall be paid to all members for the Board and Board Committee meetings they attend. The Nomination Committee proposes to the Annual General meeting of the Shareholders the above fees to be confirmed for the Board.
The notice to convene the Annual General Meeting will be published in the Helsingin Sanomat on February 13, 2006.
Enquiries: Mr. Juha Salonen, Group VP, General Counsel, tel. +358-9-6868 8380