Decisions taken by Orthex Corporation's Extraordinary General Meeting
Orthex Corporation, Stock exchange release, July 2, 2021 at 4.00 p.m. EEST
Decisions taken by Orthex Corporation's Extraordinary General Meeting
Orthex Corporation’s Extraordinary General Meeting was held on 2 July 2021 at the Orthex Corporation office at Suomalaistentie 7, 02270 Espoo. The Extraordinary General Meeting was held with extraordinary meeting procedures to limit the spread of the Covid-19 pandemic under the Provisional Act (375/2021), which entered into force on May 8, 2021. Shareholders could participate in the Extraordinary General Meeting and use their shareholder rights only by voting, by making counterproposals and by asking questions in advance. 8 412 636 shares and votes, corresponding to approximately 47,37 percent of the total number of shares and votes in Orthex were represented at the meeting. 100 percent of the shares represented at the Extraordinary General Meeting supported both proposals presented to the Extraordinary General Meeting.
Decisions taken by the Extraordinary General Meeting
Deciding the number of Members of the Board of Directors
The Extraordinary General Meeting resolved in accordance with the proposal made to the Extraordinary General Meeting that the number of members of the Board of Directors of Orthex Corporation shall be five (5) in total.
Election of a new member of the Board
The Extraordinary General Meeting resolved in accordance with the proposal made to the Extraordinary General Meeting that Jens-Peter Poulsen is elected as a new fifth (5) member of the Board of Directors of Orthex Corporation as of August 1, 2021.
The minutes of the Extraordinary General Meeting
The minutes of the Extraordinary General Meeting are available on the company's website at https://investors.orthexgroup.com/extraordinary-general-meeting/ no later than July 5, 2021.
Further enquiries
Sanna Suvanto-Harsaae, Chair of the Board Orthex Corporation
Tel. +45 20 63 36 17
sanna@harsaae.dk
Alexander Rosenlew, CEO, Orthex Corporation
Tel. +358 40 500 3826
alexander.rosenlew@orthexgroup.com
Orthex in brief
Orthex is a leading Nordic houseware producer that strives to make consumers’ everyday life easier with its products that are presented under the consumer brands SmartStore™ in storage products, GastroMax™ in kitchenware and Orthex™ in home and plant care categories. Orthex aims to be the industry forerunner in sustainability.
Orthex’s net sales in 2020 was 75.9 million euros and operating profit 12.3 million euros. The company has customers in more than 40 countries and local sales offices in Finland, Sweden, Norway, Denmark, Germany, France, and the United Kingdom. Orthex is listed on the Nasdaq Helsinki stock exchange.