Oriola Corporation's amended Remuneration Policy published
Oriola Corporation Stock Exchange Release 27 February 2023 at 3:00 p.m. EET
Oriola Corporation's amended Remuneration Policy published
Oriola Corporation has published its updated Remuneration Policy for its governing bodies at https://www.oriola.com/investors/corporate-governance/remuneration/
The Board of Directors has proposed amendments to the Company’s Remuneration Policy for governing bodies, which the Annual General Meeting of the Company held on 17 March 2020 decided to approve. The Remuneration Policy is proposed to be amended so that revisions compared to the Remuneration Policy adopted in 2020 include that the President & CEO may be granted an additional pension benefit. In addition, following the Board of Directors’ decision in 2022 to terminate the company’s Share savings plan, the President & CEO is no longer required to take part in the Share savings plan as a condition to participate in the long-term incentive plan.
The Board of Directors has proposed that the Annual General Meeting on 21 March 2023 decides to approve, through an advisory resolution, the Company’s amended Remuneration Policy. The amended Remuneration Policy is available also as an attachment to this release.
Oriola Corporation
Petter Sandström
General Counsel
Distribution:
Nasdaq Helsinki Ltd
Key media
www.oriola.com