Siili Solutions Plc: Nomination Board Composition Update
Overview of the Shareholders’ Nomination Board
The Shareholders’ Nomination Board of Siili Solutions Plc plays a crucial role in the governance structure of the company. Comprising five members, it includes representatives from the four largest shareholders of Siili Solutions Plc, each entitled to nominate one member. The final seat is occupied by the Chair of the Board of Directors, fulfilling an expert role to enhance the board's effectiveness.
Members of the Nomination Board
This board exemplifies collaboration among significant stakeholders, facilitating effective oversight and decision-making processes. The current members are:
- Heikki Westerlund from Lamy Ltd
- Stian Runde representing Protector Forsikring
- Ville Kivipelto from Danske Invest Suomi Osake
- Karoliina Lindroos of Ilmarinen Mutual Pension Insurance Company
- Harry Brade, who serves as the Chair of the Board of Directors for Siili Solutions Plc
Role of the Chair
The periodic election of the Chair of the Nomination Board, Heikki Westerlund, marks an important step in their organizational meeting. This highlights the board's commitment to selecting effective leadership to guide their initiatives and improve strategic input for the Annual General Meeting.
Responsibilities of the Nomination Board
The Nomination Board has several essential duties, primarily focusing on the preparation of proposals for the Annual General Meeting. These proposals include recommendations on the number of directors, prospective candidates, and the remuneration of those positions. Additionally, they might also convene an Extraordinary General Meeting if required.
Future Proposals and Activities
It is expected that the Nomination Board will present its proposals to the company's Board of Directors no later than 31 January of the forthcoming year. This timeline ensures ample opportunity for deliberation and selection of qualified candidates to steer the company forward.
About Siili Solutions Plc
Siili Solutions Plc is a leader in AI-driven digital transformation, generating a competitive edge for customers seeking growth and innovation. With its primary markets in Finland, the Netherlands, the United Kingdom, and Germany, Siili has established itself as a trusted partner for digital development. Since its inception in 2005, Siili has shown significant growth and profitability, further emphasized by the company’s listing on the Nasdaq Helsinki Stock Exchange under the ticker Helsinki:SIILI.
Contact Information
For further inquiries, you can contact Harry Brade, Chair of the Board of Directors of Siili Solutions Plc, at +358 40 834 6704.
Frequently Asked Questions
What is the role of the Nomination Board in Siili Solutions Plc?
The Nomination Board is responsible for preparing proposals regarding the number of directors, their candidates, and their remuneration for the Annual General Meeting.
Who are the current members of the Nomination Board?
The current members include Heikki Westerlund, Stian Runde, Ville Kivipelto, Karoliina Lindroos, and Harry Brade.
When does the Nomination Board submit proposals?
The Nomination Board is tasked with submitting its proposals to the company’s Board of Directors by 31 January of the following year.
What markets does Siili Solutions Plc operate in?
Siili Solutions Plc operates primarily in Finland, the Netherlands, the United Kingdom, and Germany.
How has Siili Solutions performed since its establishment?
Since its founding in 2005, Siili Solutions has experienced consistent growth and profitability, affirming its position in the market.
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