In This Article:
Proposals of the Shareholders’ Nomination Board of Siili Solutions Plc to the AGM 2025
Siili Solutions Plc Stock Exchange Release 16 January 2025 at 14:00 EET
The Annual General Meeting of Siili Solutions Plc is planned to be held on Tuesday 8 April 2025. The Shareholders’ Nomination Board of Siili Solutions Plc proposes to the Annual General Meeting that the AGM decide on the composition and remuneration of the Company’s Board of Directors as follows:
Decision on the number of members of the Board of Directors
The Shareholders’ Nomination Board proposes that five (5) members be elected to the Board of Directors.
Election of the members of the Board of Directors
The Shareholders’ Nomination Board proposes the re-election of the current members of the Board of Directors for the next term of office Harry Brade, Jesse Maula, Katarina Cantell and Henna Mäkinen. Tero Ojanperä has informed that they do not stand for re-election to the Board. Consequently, the Nomination Board proposes that Sebastian Nyström shall be elected as new member of the Board.
Sebastian Nyström, b. 1974, M.Sc., acts currently as S-Group’s Chief Transformation Officer and EVP, Loyalty, IT and Digital Development. Prior to his current role, Nyström has acted e.g. as S-Group’s EVP Strategy & M&A, as well as in other leading roles in Nokia Corporation over the past 20 years.
The term of office of the members lasts until the end of the next Annual General Meeting. All persons proposed have given their consent to the election.
Background information on each person proposed for the Board of Directors is available on the website of Siili Solutions Plc at https://sijoittajille.siili.com/en.
The proposed members Jesse Maula, Henna Mäkinen, Katarina Cantell and Sebastian Nyström are considered independent of the Company and its significant shareholders. Harry Brade is independent of the Company but non-independent of its significant shareholder Lamy Oy.
In addition, the Shareholders’ Nomination Board recommends to the Board of Directors that it re-elect Harry Brade as its Chair and elect Jesse Maula as Deputy Chair.
In the selection of the Board member candidates, the Nomination Board has emphasized relevant experience and competence of the candidates, especially considering the strategic objectives of the company. Further, in its selection process the
Nomination Board has considered the diversity of the Board.
With regard to the selection procedure for the members of the Board of Directors, the Shareholders' Nomination Board recommends that shareholders take a position on the proposal as a whole at the General Meeting. The Shareholders’ Nomination Board, in addition to ensuring that individual nominees for membership of the Board of Directors possess the required competences, is also responsible for making sure that the proposed Board of Directors as a whole also has the best possible expertise and experience for the company and that the composition of the Board of Directors also meets other requirements of the Finnish Corporate Governance Code for listed companies.