Raisio plc - Proposal for members of the Board and their remuneration

Raisio plc      Stock Exchange Release 18 February 2016

PROPOSAL FOR MEMBERS OF THE BOARD AND THEIR REMUNERATION

Based on the proposal given by the nomination workgroup set by the Supervisory Board from among its members, the Supervisory Board of Raisio plc proposes to the Annual General Meeting to be held on 23 March 2016 as follows:

During the term commencing after the closing of the General Meeting, the remuneration payable to the Chairman of the Board would be EUR 5,000 per month and the remuneration to the members of the Board EUR 2,500 per month. Approximately 20% of this remuneration shall be paid by assigning shares in the Company’s possession and approximately 80% in cash. The remuneration shall be paid in two equal instalments during the term so that the first instalment is paid on 15 June and the second on 15 December. In addition to this, a remuneration of EUR 800 in cash would be paid to the Chairman of the Board and a remuneration of EUR 400 in cash to the members of the Board for each board meeting, including the meetings of committees set by the Board among its members. For a teleconference meeting this remuneration would be EUR 400 in cash to the Chairman of the Board and EUR 200 in cash to the members of the board. Moreover, they will receive per diem allowance for meeting days and their travel expenses will be compensated according to the company’s travelling rules.

The number of members of the Board of Directors for the term commencing on 23 March 2016 would be confirmed as five.

Board members whose term ends – Erkki Haavisto, Matti Perkonoja, Michael Ramm-Schmidt, Ann-Christine Sundell and Antti Tiitola – would be re-elected for the term commencing at the closing of the General Meeting. Pirkko Rantanen-Kervinen has informed that she will no longer be available when electing members of the Board of Directors.

RAISIO PLC

Janne Martti
Treasury Director, Secretary of the Supervisory Board 
Tel. +358 50 5566 521 

Further information:
Paavo Myllymäki, Chairman of the Supervisory Board
Tel. +358 40 582 8261

Raisio plc

Raisio plc is an international specialist in plant-based nutrition. Raisio’s operations are divided into two divisions: Brands and Raisioagro. The Group’s key market areas are Finland, Great Britain, the Czech Republic, Russia and Poland. Markets for cholesterol lowering Benecol products are global. Raisio plc’s shares are listed on Nasdaq Helsinki Ltd. Raisio’s turnover in 2015 was EUR 521 million. The Group employs some 1,800 people. Raisio’s best-known brands are Benecol, Benemilk, Elovena Honey Monster, Fox’s and Poppets. Benemilk feeds for milk production and Benecol for cholesterol lowering are Raisio’s top innovations. For more information on Raisio go to www.raisio.com/en

Distribution
Nasdaq
Key media
www.raisio.com