Decisions of Elite Asset Management Plc's Extraordinary General Meeting 30 August 2017

Elite Asset Management Plc, Company Announcement, 30 August 2017, 9:30 a.m. (EET)

Decisions of Elite Asset Management Plc's Extraordinary General Meeting 30 August 2017

The Extraordinary General Meeting of Elite Asset Management Plc held on 30 August 2017 has approved the proposals concerning the supplement of the Board of Directors. The proposals were made by Elite Asset Management Plc's shareholders, representing over 50% of the voting rights related to the company's shares.

The Board of Directors of Elite Asset Management will be supplemented by one (1) new member, resulting in a total of six (6) members in the Board of Directors. Vincent Trouillard-Perrot has been elected as a new member of the Board of Directors.

Vincent Trouillard-Perrot has given his consent to this assignment and his personal information is available on the company's website at www.elitevarainhoito.fi/hallinto/hallitus. Vincent Trouillard Perrot has been assessed to be independent of the company in accordance with the Securities Market Association's Corporate Governance Code of 2015, but dependent on the company's major shareholder.

The minutes of the Extraordinary General Meeting will be available in Finnish on www.elitevarainhoito.fi on 13 September 2017, at the latest.

ELITE ASSET MANAGEMENT PLC
Board of Directors

Further information:
Elite Asset Management Plc

Daniel Pasternack, CEO
+358 50 569 3416
daniel.pasternack@elitevarainhoito.fi

Kari Juurakko, Chairman of the Board
+358 50 582 7411
kari.juurakko@elitevarainhoito.fi

Certified Advisor Merasco Oy
Telephone: +358 9 6129 670

Elite Asset Management Plc is a profitable and growing investment service company offering versatile and high-quality asset management services for both consumer and professional investors. Elite Asset Management Plc is listed on the First North Finland market maintained by NASDAQ Helsinki (Helsinki Exchanges). Elite Asset Management Plc is the parent company of the Elite Group (Elite). Elite's customer base consists of individuals and corporations that the company serves nationwide in 14 different locations. The first company belonging to the current Elite Group was founded in 2000. Elite employs 105 investment professionals and over 40 tied agents. On behalf of its clients, the company manages assets of approximately EUR 3 billion in total. Check out Elite's services at www.elitevarainhoito.fi.

DISTRIBUTION:
NASDAQ Helsinki Oy
The main news media
www.elitevarainhoito.fi