RAISIO GROUP ANNUAL GENERAL MEETING 31 MARCH 2005
Raisio Group plc Stock Exchange Release 31 March 2005 at 15.50 Finnish time
RAISIO GROUP ANNUAL GENERAL MEETING 31 MARCH 2005 Raisio Group's Annual General Meeting approved the 2004 financial statements and discharged those accountable from liability. The AGM decided to pay a dividend of EUR 0.21 per share. The Board of Directors' proposals to the Annual General Meeting were approved without changes. A total of 2,676 shareholders were present in person or represented by proxy at the AGM, representing 28.1 million shares, or 17.0 per cent of the total. The meeting was chaired by Carl-Henrik Wallin, Attorney at Law. DIVIDEND PAYMENT The AGM decided that a dividend of EUR 0.21 per restricted/free share would be paid for 2004. The dividend consists of EUR 0.03 according to the dividend policy and an extra dividend of 0.18 from the sales profit of Raisio Chemicals. The dividend will be paid to all shareholders entered in the shareholders' register on the matching date, 5 April, 2005. The pay-out date will be 12 April, 2005. AMENDMENTS OF THE ARTICLES OF ASSOCIATION The Board of Directors' proposal to amend sections 1, 3, 6, 7, 8, 10, 14, 15 and 19 of the Articles of Association were approved as presented. The proposal in its entirety was published on 16 February 2005 in a Stock Exchange Release. This approval was the second decision required by the section 19 in the Articles of Association. The new Articles of Association can be expected to be entered in the Trade Register and thus in force in April 2005. The current Articles of Association and the today in the second proceeding approved new Articles of Association can be found at www.raisiogroup.com. AUTHORISATION OF THE REPURCHASE AND DISPOSAL OF COMPANY SHARES The Annual General Meeting authorised the Board to resolve to repurchase and dispose company shares. The maximum amount of shares to be repurchased is five per cent of the company's share capital and five per cent of all the company's votes. The authorisation is valid until the Annual General Meeting of 2006, however no longer than one year from the Annual General Meeting of 31 March 2005. Further details of the authorisations have been published on 16 February 2005 in a Stock Exchange Release. APPOINTMENTS The number of members of the Supervisory Board was confirmed to be 23 for 2006. For the term 1 January 2006 - AGM 2008 the following members were elected to the Supervisory Board: Mr Risto Ervelä, Mr Holger Falck, Mr Esa Härmälä, Mr Timo Järvilahti, Mr Antti Lithovius, Mr Urban Silén and Mr Simo Vaismaa. Authorized Public Accountants Johan Kronberg and Mika Kaarisalo were elected as regular auditors for the financial year 2006, with Authorized Public Accountants PricewaterhouseCoopers Ltd and Kalle Laaksonen as deputies. RAISIO GROUP PLC Taru Narvanmaa Executive Vice President, Communications and Investor Relations tel. +358 2 443 2240, gsm +358 50 590 9398 Distribution: Helsinki Stock Exchange Principal media www.raisiogroup.com