Siili Solutions Board of Directors Proposals Ahead of AGM 2026
Siili Solutions Plc recently announced its plans for the upcoming Annual General Meeting (AGM) scheduled for early April 2026. The company is gearing up to engage its shareholders with significant proposals coming from the Shareholders’ Nomination Board regarding the Board of Directors' composition and remuneration.
Number of Members Proposed for the Board
The Nomination Board has recommended the election of five members to the Board of Directors. This suggestion indicates a commitment to keeping a focused and effective board size, which can lead to more efficient decision-making processes.
Proposed Members for Re-Election
Among the individuals recommended for re-election are current board members Harry Brade, Jesse Maula, Katarina Cantell, Henna Mäkinen, and Sebastian Nyström. Their continued presence on the Board aims to maintain stability and a wealth of experience within Siili Solutions.
Understanding Board Member Terms
The nominations proposed are expected to serve until the conclusion of the next AGM. Each proposed candidate has confirmed their willingness to continue serving on the Board, reaffirming their commitment to the company’s ongoing mission.
Independence of Board Members
In line with best practices for corporate governance, it’s noteworthy that the proposed members—Jesse Maula, Henna Mäkinen, Katarina Cantell, and Sebastian Nyström—are considered independent of both the Company and its significant shareholders. Harry Brade, while independent of the Company, holds a relationship with a significant shareholder, Lamy Oy, that affects his status.
Leadership Roles within the Board
Furthermore, the Nomination Board has recommended that Harry Brade be re-elected as Chair of the Board, while Jesse Maula is proposed for the role of Deputy Chair. This leadership structure aims to guide the company effectively and align with its strategic objectives.
Candidate Selection Process
Throughout the candidate selection process, paramount emphasis was placed on relevant experience and competence. The Nomination Board meticulously assessed each candidate’s ability to contribute to the strategic goals of Siili Solutions.
Proposed Remuneration for the Board
The remuneration structure proposed by the Nomination Board is set to remain unchanged. The Chair of the Board will receive €3,850 monthly, the Deputy Chair €2,500, and other board members €2,000 each month, ensuring that the compensation aligns with the responsibilities and expertise required of board members.
Committee Compensation
Additional compensation for those holding chair roles in Board Committees has also been outlined. Committee Chairs will earn €200 per month, plus €300 for each meeting attended, ensuring that all members are compensated fairly for their involvement.
About the Nomination Board
The Nomination Board of Siili Solutions Plc includes notable professionals: Heikki Westerlund of Lamy Oy as Chair, Stian Runde from Protector Forsikring, Karoliina Lindroos representing Ilmarinen Mutual Pension Insurance Company, Ville Kivipelto from Danske Invest Suomi Osake, and Harry Brade, who also serves as Chair for Siili Solutions. This diverse board aims to encapsulate a broad spectrum of expertise.
Contact Information
For those interested in more details, Taru Kovanen, the General Counsel, can be reached at +358 40 4176 221 or via email. The transparency in communication is a priority as they prepare for the meetings.
About Siili Solutions
Siili Solutions Plc stands at the cutting-edge of AI-powered digital development, serving as a prominent partner for clients focused on digital transformation. Their operational reach spans various markets, including Finland, the Netherlands, the United Kingdom, and Germany. The company, established in 2005, has demonstrated consistent profitable growth, solidifying its status on the Nasdaq Helsinki Stock Exchange. For further insights into their journey and strategic direction, you can visit their official website.
Frequently Asked Questions
What is the proposed composition of the Board of Directors?
The Nomination Board proposes a total of five members to be elected to the Board, including current members.
Who are the proposed re-elected members?
The members proposed for re-election include Harry Brade, Jesse Maula, Katarina Cantell, Henna Mäkinen, and Sebastian Nyström.
How is the Board's remuneration structured?
The remuneration for the Board will remain unchanged, with specified monthly amounts based on their position and committee roles.
What is the significance of board member independence?
Independence ensures that the board can make unbiased decisions that are in the best interest of the shareholders.
How can shareholders express their opinion on the proposals?
Shareholders will have the opportunity to vote on the Nomination Board's proposals during the AGM.
