Composition of the Board of Directors of Aktia Bank plc and remuneration in 2016

Aktia Bank Plc
Changes board/management/auditors
9.12.2015 at 9 a.m.

The Board of Supervisors of Aktia Bank plc has on 8 December 2015 elected the Board of Directors and confirmed the remuneration of the members of the Board of Directors in the calendar year 2016.

The Board of Supervisors decided to increase the number of members of the Board of Directors to nine

The Board of Supervisors decided to re-elect the following members of the Board of Directors: Sten Eklundh, Kjell Hedman, Catharina von Stackelberg-Hammarén, Arja Talma, Dag Wallgren and Nina Wilkman. As new members of the Board of Directors, the Board of Supervisors elected Christina Dahlblom (37), M.Sc. (Econ.), Managing Director and owner of Dahlblom & Sparks Oy, Stefan Damlin (47), M.Sc. (Econ.), Managing Director of Wärtsilä Finland Oy, Lasse Svens (53), M. Sc. (Econ.) treasurer of the foundation Stiftelsen för Åbo Akademi. Further, the present Chairman Dag Wallgren was appointed as Chairman and the present Vice Chairman Nina Wilkman as Vice Chairman of the Board of Directors.

The term of the elected members is the calendar year 2016, with the exception of Christina Dahlblom, whose term is the period 1 April – 31 December 2016.

In order to recruit and retain competent persons to the Board of Directors, the presiding officers propose a 5% higher annual remuneration for members of the Board of Directors, following their increased responsibility and the restrictions put on members of a credit institution's Board of Directors. Thus the following annual remuneration is proposed:

Chair              EUR 61,200 p.a.                   (2015: 58,300)

Vice Chair       EUR 34,650 p.a.                   (2015: 33,000)

Member          EUR 27,140 p.a.                   (2015: 25,850)

The total increase in annual remuneration is proposed to be paid in the form of Aktia series A shares, so that 40 (2015:35)% of the annual remuneration is paid in the form of series A shares. The remuneration for attended meetings is proposed to remain unchanged, i.e. EUR 500 per attended meeting and EUR 1,000 per committee meeting to committee chairs.

For more information about the Board of Directors of Aktia Bank plc and remuneration, see www.aktia.com >Corporate Governance.

AKTIA BANK PLC

For more information, please contact:
Håkan Mattlin, Chairman of the Board of Supervisors, tel. +358 500 459 059

From:
Mia Bengts, Legal Counsel, tel. +358 10 247 6348

Distribution:
Nasdaq OMX Helsinki, mass media, www.aktia.fi