Decisions of the constitutive meeting of Finnair Plc Board of Directors

Finnair Plc           Stock Exchange Release    20 March 2019 at 6:00 pm EET

Decisions of the constitutive meeting of Finnair Plc Board of Directors

In its constitutive meeting, held after the Annual General Meeting, the Board of Directors elected Colm Barrington Vice Chairman of the Board. The Board also appointed members to its Audit Committee and Compensation and Nomination Committee.

Jukka Erlund was elected Chairman of the Audit Committee and Colm Barrington, Montie Brewer and Mengmeng Du as other members of the Audit Committee.

Jaana Tuominen was elected Chairman of the People and Nomination Committee and Tiina Alahuhta-Kasko and Henrik Kjellberg as other members of the Compensation and Nomination Committee.

The Board assessed the independence of its members and concluded that all members, except Jukka Erlund, are independent of the company and its significant owners. Jukka Erlund is not deemed to be independent of the company, because Piia Karhu, Finnair’s Senior Vice President, Customer Experience, is member of the Board of Erlund’s Kesko Corporation, which is Erlund’s employer.

FINNAIR PLC
Communications

Further information:
Finnair communications, tel. +358 9 818 4020, comms(a)finnair.com

Distribution:
Nasdaq Helsinki
Principal media

Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki’s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a unique Nordic experience, and its mission is to offer the smoothest, fastest connections in the northern hemisphere via Helsinki and the best network to the world from its home markets. Finnair is the only Nordic network carrier with a 4-star Skytrax ranking and a member of the oneworld alliance. In 2018, Finnair’s revenues amounted to EUR 2,835 million and it carried 13.3 million passengers. Finnair Plc’s shares are quoted on Nasdaq Helsinki.