Overview of the Annual General Meeting
Rapala VMC Corporation invites its shareholders to attend the Annual General Meeting. This event is a significant occasion where shareholders will gather to discuss important resolutions that affect the future of the company.
Meeting Information
Date and Time
The Annual General Meeting is scheduled for May 8, 2025, at 10:00 a.m. The arrangement allows shareholders to participate remotely, ensuring convenience for all stakeholders.
How to Participate
Shareholders can exercise their voting rights either by participating in real-time via telecommunications or by voting in advance. This ensures that everyone has the opportunity to contribute their voice in these crucial discussions.
Agenda Highlights
The agenda will cover several key topics essential for the governance and financial transparency of Rapala VMC Corporation. Below are some of the main matters to be considered:
1. Opening of the Meeting
The session will commence with formal opening remarks.
2. Election of Scrutineers
Election of individuals responsible for reviewing the minutes and overseeing the vote count will be conducted.
3. Financial Reports Presentation
The financial status of the company, encompassing the Financial Statements, Audit Report, and Directors’ Report for the financial year 2024, will be presented. This overview is vital for shareholders to assess the company’s performance.
Key Resolutions to be Voted On
Adoption of Financial Statements
Shareholders will have the opportunity to adopt the Financial Statements for the past year. The company generated a net profit, although the Board has proposed retaining this profit in the company's unrestricted equity rather than distributing a dividend.
Discharge of Board Members
A resolution will be put forth for the discharge of directors and key executives from liability for the financial year 2024, marking a standard practice in corporate governance.
Remuneration Matters
Proposals regarding the remuneration for the Board of Directors will be presented, including a potential resolution to keep the annual fees stable for the upcoming term.
Election of New Board Members
The re-election of current Board members will be on the agenda. This continuity aims to maintain strong leadership within the company.
Appointment of Auditors
Shareholders will also vote on the appointment of Deloitte Ltd as the company’s auditor for another term, showcasing the firm's trust in reliable auditing practices.
Shareholder Participation and Registration Instructions
To participate in the meeting, shareholders must be registered as of April 25, 2025. Registration is straightforward, with options for electronic participation or traditional methods via mail and email.
Advance Voting
Advance voting will open on April 11, 2025, giving shareholders ample time to cast their votes on crucial issues prior to the meeting.
Final Notes and Additional Information
As a company that values transparency, the complete agenda and all relevant documents pertaining to the meeting will be made available on Rapala VMC's corporate website.
Contact Information
For further inquiries, shareholders can contact Tuomo Leino, Investor Relations, by phone at +358 9 7562 540.
Frequently Asked Questions
What is the purpose of the Annual General Meeting?
The meeting allows shareholders to vote on important issues, review financial reports, and discuss the future direction of the company.
How can I participate remotely?
Shareholders can join the meeting via a remote connection that requires a stable internet connection and a suitable device.
What materials will be discussed during the meeting?
The meeting will cover financial statements, the remuneration report, and shareholder proposals, among other key topics.
When is the registration deadline for participation?
Registration for the meeting must be completed by April 30, 2025, to ensure participation.
Who can vote during the meeting?
Only shareholders registered in the company’s shareholder register on the specified record date may vote at the meeting.
