Proposals of the Board of Directors to the Annual General Meeting 2016 of Apetit Plc
The Board of Directors proposes to the Annual General Meeting that a dividend of EUR 0.70 per share be paid on the financial year 2015.
II ELECTION OF THE AUDITOR AND FEES
The Board of Directors proposes to the Annual General Meeting that two regular auditors be appointed for the company and that Mr. Pasi Karppinen, APA, and PricewaterhouseCoopers Oy, Authorized Public Accountants, with Jari Viljanen, APA, as the auditor with principal authority be elected as auditors for the period ending with the close of the 2017 Annual General Meeting.
Furthermore, the Board of Directors proposes that the auditor's fee be reimbursed according to invoice approved by the company.
III AMENDING THE COMPANY’S ARTICLES OF ASSOCATION
In accordance with the Act on Personnel Representation in the Administration of Undertakings (725/1990), representation is arranged on the Supervisory Board of Apetit Plc. Under Article 8 of the company’s Articles of Association, the company’s permanent personnel may appoint to the Supervisory Board a maximum of four members at a time, with personal deputies, from among themselves.
The Board of Directors proposes to the Annual General Meeting that an amendment be made to Article 8 of the Articles of Association of Apetit Plc such that the sections concerning the election of personnel representatives be removed. The proposal is not intended to alter the current practice of arranging personnel representation, but the Board of Directors considers that it is not appropriate to lay down provisions on personnel representation in the Articles of Association, but, rather, that this should be agreed as necessary in the normal cooperative procedures with the personnel.
Espoo, February 16th 2016
Board of Directors