Proposal of the
Proposal for the composition of the Board of Directors
The Shareholders' Nomination Board proposes to the 2024 Annual General Meeting that the number of the members of the Board of Directors is six (6).
The Shareholders' Nomination Board also proposes for a period until the end of the next Annual General Meeting that the present members of the Board of Directors
The present member
The Shareholders' Nomination Board proposes to the Annual General Meeting that
All proposed Board Members are estimated to be independent of the company. In addition, all proposed Board Members are estimated to be independent of the company's significant shareholders.
More information of all proposed Board Members can be seen on the company's website at www.alisabank.com/annual-general-meeting-2024.
Proposal for remuneration of the Board
The Shareholders' Nomination Board's proposal is that the Board's remuneration will be paid in company shares in accordance with the current policy.
The shareholders' Nomination Board proposes to the Annual General Meeting that the fixed monthly remuneration of the Board Members will be determined as an annual remuneration and paid once a year.
The Shareholders' Nomination Board proposes to the Annual General Meeting that the annual remuneration of the Board Members elected at the Annual General Meeting for the term of office, which ends at the end of the 2025 Annual General Meeting, remains unchanged, i.e. is as follows:
EUR 60,000 for the Chairman of the BoardEUR 48,000 for Vice Chairman and Committee Chairs (however, the fee is not paid twice, if the Chairman/Vice Chairman also serves as Committee Chair)EUR 38,400 for each other Board Member.
The Nomination Board proposes that approximately 40 percent of the annual fees be paid in
When transferring the company's own shares or issuing new shares, the share conversion rate is the weighted average price of the company's share exchange in
The shares will be acquired directly on behalf of the Board Members within two weeks after the company's 2024 half-year report is announced. The transfer of the company's own shares or the issuance of new shares takes place as soon as possible after the reward has been converted into shares. If the acquisition, transfer or giving of the shares cannot be carried out at the aforementioned time due to legal or other regulatory restrictions or for another reason related to the company or the Board Member, the shares will be acquired, transferred or given later or the annual remuneration will be paid in full in cash.
Shareholders' Nomination Board
Further information
Maunu Lehtimäki, Chairman of the Nomination Board, maunu.lehtimaki@evli.com, tel. +358 505 533 000
https://news.cision.com/alisa-pankki-oyj/r/proposal-of-the-shareholders--nomination-board-to-annual-general-meeting-2024,c3914771
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