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Anora Group Plc: Employee representation on Anora’s Board of Directors and organisational meeting of the Board of Directors

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Anora Group Plc    Stock Exchange Release   3 September 2021 at 5.15 pm EEST

Anora Group Plc: Employee representation on Anora’s Board of Directors and organisational meeting of the Board of Directors

Anora complies with the rules for arranging employee representation on the Board of Directors. As announced on 10 May 2021, Anora’s employees have the right to elect two employee representatives to Anora’s Board of Directors and the first employee representative has been elected. Anora’s employees have elected Arne Larsen as member of the Board of Directors.

The term of office for the employee representatives is approximately two years and commences at the conclusion of the Annual General Meeting following the election. However, the first term of the employee representatives ends at the conclusion of the Annual General Meeting 2024.

Organisational meeting of the Board of Directors

The Board of Directors of Anora Group Plc held its organisational meeting today and elected members of the Audit and Human Resources Committees as follows:

- Audit Committee: Jyrki Mäki-Kala (chairman), Ingeborg Flønes, Nils Selte and Sanna Suvanto-Harsaae.

- Human Resources Committee: Michael Holm Johansen (chairman), Kirsten Ægidius, Sinikka Mustakari and Torsten Steenholt

The Board of Directors has assessed that all members of the Board of Directors are independent of the company with the exceptions of Ingeborg Flønes and Arne Larsen. Ingeborg Flønes is the CEO of Hoff SA and Arne Larsen is employed by the Anora Group. Furthermore, all members of the Board of Directors, with the exception of Sinikka Mustakari and Nils Selte, are independent of the company’s significant shareholders. Sinikka Mustakari holds an office in the Ownership Steering Department of the Finnish Prime Minister’s Office and Nils Selte is the CEO of Canica AS.

ANORA GROUP PLC

Contacts:

Analysts and investors: Tua Stenius-Örnhjelm, Investor Relations, tel. +358 40 748 8864

Media: Petra Gräsbeck, Corporate Communications, tel. +358 40 767 0867

Distribution:

Nasdaq Helsinki Ltd

Oslo Børs

Principal media

www.anora.com 

Anora is a leading wine and spirits brand house in the Nordic region and aglobalindustry forerunner in sustainability. Our market-leading portfolio consists of our own iconic Nordic brands and a wide range of prominent international partner wines and spirits. We export to over 30 markets globally. Anora Group also includes Anora Industrial and logistics company Vectura. In 2020, Anora’s aggregate net sales were EUR 640 million and the company employs about 1,100 professionals. Anora’s shares are listed on Nasdaq Helsinki and Euronext Oslo.

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