ASIAKASTIETO GROUP PLC, STOCK EXCHANGE RELEASE 14 DECEMBER 2017 AT 11.00 A.M. EET
Members of Asiakastieto Group Plc's Shareholders' Nomination Board have been appointed and Board's proposal
The Shareholders' Nomination Board is established in Asiakastieto Group to prepare proposals in relation to the election and remuneration of members of the Board of Directors to the next Annual General Meeting.
Based on the Nomination Board's Charter, representatives of the three largest shareholders as at the end of May are appointed to the Nomination Board. The Chairman of the Company's Board of Directors and a person nominated by the Board of Directors are expert members of the Nomination Board.
The three largest shareholders on 31 May 2017 were Sampo Plc, Mandatum Life Insurance Company and OP-Delta Sijoitusrahasto. Mandatum Life Insurance Company announced that they will not appoint a member to the Board. The right to appoint a member was transferred to the next largest shareholder (Keva).
Sampo Plc, OP-Delta Sijoitusrahasto and Kuntien eläkevakuutus have appointed Patrick Lapveteläinen (Sampo Plc), Kalle Saariaho (OP-Delta Sijoitusrahasto) and Päivi Palomäki (Keva) as members of the Nomination Board. Patrick Lapveteläinen is a member of the Nomination Board as the Chairman of the Board of Directors and Bo Harald as a member appointed by the Board of Directors. As the Chairman of the Board of Directors is also the representative appointed by the largest shareholder, the Board consists of four members.
The Nomination Board elected Patrick Lapveteläinen as the Chairman of the Nomination Board in its meeting on 13 December 2017.
Asiakastieto Group Plc's Nomination Board proposes to the Annual General Meeting in spring 2018 that the number of Board members be five (5). The Nomination Board proposes that the current members, Petri Carpén, Bo Harald, Anna-Maria Ronkainen, Patrick Lapveteläinen and Carl-Magnus Månsson be re-elected.
Petri Carpén (born in 1958) has been a Board member since 2014. He is currently Director of Nets Oy.
Bo Harald (born in 1948) has been a Board member since 2014. He has a long-standing experience in managerial duties in financing and IT, among others at the Nordea Group and Tieto.
Anna-Maria Ronkainen (born in 1966) has been a Board member since 2015. She is Chief Digital Officer of Kesko responsible for digital business environment and marketing.
Patrick Lapveteläinen (born in 1966) has been a Board member since 2016. He is Investment Director in Sampo Plc.
Carl-Magnus Månsson (born in 1966, Swedish citizen) has been a Board member since 2016. He is CEO of Acando Ab (publ.).
The Nomination Board does not propose increase in remunerations payable. The Nomination Board proposes that the remunerations payable to the Board of Directors Chairperson be 40 000 euros per year and to other Board members 25 000 euros per year. A separate remuneration will not be paid for the attendance to Board meetings. The chairpersons of the committees of the Board of Directors shall receive an attendance fee of 500 euros and the committee members shall be paid an attendance fee of 400 euros per committee meeting. The Nomination Board proposes that no remuneration will be paid to the Nomination Board members. Reasonable travelling expenses for the attendance to the meetings shall be paid to members.
The proposals of the Nomination Board will be included in the invitation to the Annual General Meeting.
For further information:
Jukka Ruuska, CEO
Asiakastieto Group Plc
tel. +358 10 270 7111
NASDAQ OMX Helsinki Ltd
Asiakastieto Group is one of the leading Finnish providers of business and consumer information services. The Group's products and services are primarily used for risk management, finance and administration, decision-making and sales and marketing purposes. At the end of 2016, the Group had around 19 000 clients, of which 11 000 were contractual clients. The Group serves several industries, the largest ones including finance and banking as well as wholesale and retail sectors and expert service companies. In 2016, the Group's net sales were EUR 49,2 million and it had 170 employees at the end of 2016. Asiakastieto Group is listed on Nasdaq Helsinki with the ticker ATG1V. More information about Asiakastieto Group is available at www.asiakastieto.fi.