Raisio plc, Stock Exchange Release, 14 February 2019
PROPOSAL FOR MEMBERS OF THE BOARD AND THEIR REMUNERATION
Based on the proposal given by the nomination workgroup set by the Supervisory Board from among its members, the Supervisory Board of Raisio plc proposes to the Annual General Meeting to be held on 19 March 2019 as follows:
During the term commencing after the closing of the General Meeting, the remuneration payable to the Chairman of the Board would be EUR 5,000 per month and the remuneration to the members of the Board EUR 2,500 per month. Approximately 20% of this remuneration shall be paid by assigning shares in the Company’s possession and approximately 80% in cash. The remuneration shall be paid in two equal instalments during the term so that the first instalment is paid on 15 June and the second on 15 December. In addition to this, a remuneration of EUR 800 in cash would be paid to the Chairman of the Board for each board meeting and to the chairmen of the committees set by the Board among its members for each committee meeting and a remuneration of EUR 400 in cash to the members of the Board for each board meeting, including the meetings of committees set by the Board among its members. For a teleconference meeting this remuneration would be EUR 400 in cash to the Chairman of the Board for each teleconference meeting of the board and to the chairmen of the committees for each teleconference meeting of the committee and EUR 200 in cash to the members of the board. Moreover, they will receive per diem allowance for meeting days and their travel expenses will be compensated according to the company’s travelling rules.
The number of members of the Board of Directors for the term commencing on 19 March 2019 would be confirmed as six.
Current members of the Board Erkki Haavisto, Ilkka Mäkelä, Leena Niemistö and Ann-Christine Sundell would be re-elected and Pekka Tennilä and Arto Tiitinen elected as new members, all for the term commencing at the closing of the General Meeting.
Kari Kauniskangas has informed that he will no longer be available when electing members of the Board of Directors for the term commencing on 19 March 2019.
Further information on persons proposed to be elected as members of the board is available on the company’s website at the address: https://www.raisio.com/en_US/agm .
RAISIO PLC
Heidi Hirvonen Communications and IR Manager Tel. +358 50 567 3060 Further information: Paavo Myllymäki, Chairman of the Supervisory Board Tel. +358 40 582 8261
Raisio plc
Raisio is an international company specialised in healthy, responsibly produced food. Our well-known brands include, for example, Benecol, Elovena, Nalle and Sunnuntai. In Raisio’s products, the focus is on well-being, health, good taste and sustainable development. Profitable growth is ensured through our strong expertise and passion for creating new. Raisio’s shares are listed on Nasdaq Helsinki Ltd. In 2018, the Group’s net sales for continuing operations totalled EUR 228 million and comparable EBIT was EUR 26 million. Our food is good for Health, Heart and Earth. For more information on Raisio go to www.raisio.com .
Distribution Nasdaq Key media www.raisio.com
