Decisions of Elisa’s Annual General Meeting 2020
ELISA STOCK EXCHANGE RELEASE 2 APRIL 2020 AT 3:05 PM
In accordance with the proposal of the Board of Directors, Elisa’s Annual General Meeting decided to pay a dividend of EUR 1.85 per share based on the adopted financial statements 31 December 2019. The dividend will be paid to the shareholders registered in the company’s share register maintained by Euroclear Finland Ltd on 6 April 2020. The dividend will be paid on 15 April 2020.
The Annual General Meeting adopted the financial statements for 2019. The members of the Board of Directors and the CEO were discharged from liability for 2019.
The number of the members of the Board of Directors was confirmed at seven (7). Ms Clarisse Berggårdh, Mr Kim Ignatius, Ms Seija Turunen, Mr Anssi Vanjoki and Mr Antti Vasara were re-elected as members of the Board of Directors, and Mr Topi Manner and Ms Eva-Lotta Sjöstedt as new members of the Board of Directors. Mr Anssi Vanjoki was appointed as the Chair and Ms Clarisse Berggårdh as the Deputy Chair of the Board of Directors.
The Annual General Meeting decided that the amount of annual remuneration for the members of the Board of Directors and remuneration for meeting participation be changed. The Chair is paid an annual remuneration of EUR 123,000, the Deputy Chair and the Chairs of the Committees EUR 82,000, and other Board members EUR 67,000; and additionally EUR 750 per meeting of the Board and of a Committee.
KPMG Oy Ab, Authorised Public Accountants Organisation, was re-elected as the company’s auditor. APA Toni Aaltonen is the responsible auditor.
The Annual General Meeting decided to amend sections 10 and 11 of the Articles of Association according to the proposal by the Board of Directors. The Annual General Meeting decided on remuneration policy of governing bodies.
The Annual General Meeting decided on to authorise the Board of Directors to resolve to repurchase or accept as pledge the company’s own shares. The repurchase may be directed. The amount of shares under this authorisation is 5 million shares at maximum. The authorisation is effective until 30 June 2021.
The Annual General Meeting decided on to authorise the Board of Directors to pass a resolution concerning the share issue, the right of assignment of treasury shares and/or the granting of special rights referred to in the Companies Act. The amount of shares under this authorisation is 15,000,000 million shares at maximum. The authorisation is effective until 30 June 2021.
ELISA CORPORATION
Mr. Vesa Sahivirta
IR Director
tel. +358 50 520 5555
Distribution:
Nasdaq Helsinki
Principal media
www.elisa.com