Notice of the Annual General Meeting
Lassila & Tikanoja plc has issued a notice regarding the upcoming Annual General Meeting. This meeting serves as an important gathering for shareholders to discuss significant matters concerning the company's future.
Meeting Details
The Annual General Meeting will take place on Thursday, March 27, 2025, at 4:00 PM, with registration starting at 3:00 PM. The meeting location is Valkea talo, Ilkantie 4, Haaga, 00400 Helsinki. Shareholders are encouraged to register in advance to ensure their participation.
Voting Rights and Webcast
Shareholders can exercise their voting rights either in advance or in person at the meeting. Detailed instructions for advance voting will be included in the notice. Attendees can also follow the meeting via a webcast available on the company's website. However, it’s important to note that participation via the webcast does not equate to official attendance at the meeting.
Agenda of the Meeting
The meeting will cover several key points essential for the company's governance, including:
- Opening of the meeting
- Election of individuals to scrutinize the minutes and supervise the counting of votes
- Presentation of financial statements and various reports for the year 2024
- Discussion on the adoption of financial statements
- Resolution on dividend payments, with the Board proposing a dividend of EUR 0.50 per share
- Approval of the Remuneration Report for the company’s governing bodies
- Amendment to the Articles of Association regarding Board membership numbers
- Resolution on the remuneration of the Auditor and the election of PricewaterhouseCoopers Oy as the Company’s auditor
- Share buyback proposal to purchase a maximum of 2,000,000 shares
- Authorisation of the Board to issue new shares or special rights entitling to shares
Proposals by the Board of Directors
The Board of Directors is recommending several proposals to the shareholders:
- Dividends for the financial year 2024
- Approval of the Remuneration Report as advisory
- Increasing the Board of Directors from seven to eight members
- Establishing a sustainability reporting assurance provider along with the auditor
Registration and Participation
Eligible shareholders registered in the shareholders’ register can participate. Registration for the meeting starts on February 14, 2025, and ends on March 24, 2025. Shareholders wishing to vote in advance can do so through electronic means or by submitting a written form to the company.
Proxy Representation
Those who cannot attend the meeting in person are welcome to appoint a proxy representative. It is critical that proxy documents are submitted according to the guidelines highlighted in the notice.
About Lassila & Tikanoja
Lassila & Tikanoja is a leading service company committed to advancing the circular economy. Our mission is to maximize the utility of materials while reducing environmental impact. This commitment not only enhances client operations but also adds shareholder value as we strive for continuous growth.
In 2024, our collective efforts resulted in net sales of EUR 770.7 million, alongside a dedicated workforce of approximately 7,400 individuals across Finland and Sweden. Being listed on Nasdaq Helsinki under the ticker LAT1V underscores our commitment to transparency and responsibility.
Frequently Asked Questions
When is the Annual General Meeting taking place?
The Annual General Meeting is scheduled for March 27, 2025, at 4:00 PM.
How can I participate in the meeting?
Shareholders can participate by registering in advance through the company’s website or by other means specified in the notice.
What proposals will be made regarding dividends?
The Board proposes a dividend of EUR 0.50 per share based on the financial results.
How can I vote in advance?
Voting in advance can be done electronically through the company’s website or by submitting a form by mail or email before the deadline.
Who can I contact for more information?
For further information, shareholders can contact Hilppa Rautpalo, General Counsel, SVP HR and Legal, at +358 46 876 7123.
