Notice to the Annual General Meeting of Shareholders
GLASTON CORPORATION STOCK EXCHANGE RELEASE February 22, 2008 8.30 am.
Notice to the Annual General Meeting of Shareholders The shareholders of Glaston Corporation are invited to attend the Annual General Meeting of Shareholders to be held on Tuesday, 11 March 2008 at 4 p.m. at Hotel Hilton Helsinki Kalastajatorppa, at the address Kalastajatorpantie 1, Helsinki. Registration of the shareholders having notified their attendance will start at the meeting facilities at 3 p.m. Agenda of the Meeting Matters pertaining to the Annual General Meeting pursuant to Article 13 of the Articles of Association and Chapter 5, Section 3 of the Finnish Companies Act shall be handled at the Meeting. Availability of Documents Copies of the financial statements will be available for inspection by shareholders as of 4 March 2008 at Glaston's head office at Vehmaistenkatu 5, 33730 Tampere. The Annual Report will be mailed to the shareholders on week 9. Right to Attend the Meeting The right to attend the Meeting is vested in a shareholder who is registered as a shareholder on Friday, 29 February 2008 in the shareholders' register maintained by Finnish Central Securities Depository Ltd. Meeting Attendance of Nominee-Registered Shareholders A shareholder whose shares are registered in his/her book-entry account is also registered in the Company's shareholders' register. A shareholder owning nominee-registered shares can request at least ten days prior to the Annual General Meeting to be temporarily registered in the shareholders' register in order to be able to attend the Meeting. Notification of Attendance Shareholders wishing to attend the Meeting must notify the Company of their attendance no later than by 4 p.m. on Thursday, 6 March 2008 in writing to the mailing address Glaston Corporation, P.O. Box 25, 33731 Tampere, by telephone to number +358 10 500 6072 (Terttu Uusitalo) or by email to terttu.uusitalo@glaston.net. Written notifications to attend the Meeting must arrive prior to the deadline for notification. Possible powers of attorneys are requested to be submitted to the address above within the period reserved for written notifications. Composition of the Board of Directors The shareholders representing together more than 40 per cent of the shares and the voting rights carried by the shares have notified the Company of their proposal that the Annual General meeting of Shareholders would resolve the Board of Directors be composed of 7 members, and that Claus von Bonsdorff, Klaus Cawén, Carl-Johan Rosenbröijer, Christer Sumelius and Andreas Tallberg be re-elected as well as Jan Lång and Mikael Mäkinen be elected as new Board members. Auditor The Board of Director proposes that the Authorized Public Accountants KPMG Oy Ab be elected as the auditor of the Company with the consent by the auditor. Distribution of Dividend The Board of Directors proposes that a dividend of EUR 0.10 per share and thus in total 7.8 million euros be paid based on the balance sheet approved for the financial year ended on 31 December 2007. The dividend will be paid to shareholders registered in the shareholders' register maintained by the Finnish Central Securities Depository Ltd. on the record date for dividend payment on 14 March 2008. The Board of Directors proposes the dividend be paid on 25 March 2008. In Helsinki, on 21 February 2008 Glaston Corporation Board of Directors Sender: Glaston Corporation Agneta Selroos Corporate Communications and IR Manager Phone: +358 10 500 520 Glaston Corporation Glaston Corporation (formerly Kyro) is a growing, financial sound and international glass technology company. Glaston is the global market leader in glass processing machines, and a comprehensive One-Stop-Partner supplier to its customers. Its product range and service network are the most extensive in the industry. Glaston's well-known brands are Bavelloni, in pre-processing machines and tools, Tamglass and Uniglass, in safety glass machines and Albat+Wirsam in software solutions. Glaston's own glass processing unit, Tamglass Glass Processing, is a manufacturer of high quality safety glass products operating in Finland. Glaston's share (GLA1V) is listed on the Helsinki Stock Exchange (OMX) Mid Cap List. www.glaston.net Distribution: Helsinki Stock Exchange, key media