Composition of Exel Composites Plc’s Nomination Board
EXEL COMPOSITES PLC – – STOCK EXCHANGE RELEASE – – 3 October 2018 at 09:00 EET
According to the resolution of Exel Composites’ Annual General Meeting held on 22 March 2018, the company’s shareholders’ Nomination Board consists of the representatives of the four largest shareholders and of the Chairman of the Board of Directors, acting as an expert member. The largest shareholders entitled to appoint members to the Nomination Board were determined on the basis of the registered holdings in the company’s shareholder register held by Euroclear Finland Oy on 30 September 2018. Shareholders who under the Finnish Securities Markets Act have an obligation to disclose changes in their shareholdings were taken into account when forming the Nomination Board.
The following persons have been appointed as members of Exel Composites’ Nomination Board:
- Magnus Skåninger, Swedbank Robur Fonder
- Kalle Saariaho, OP Fund Management Company
- Claes Murander, Lannebo Fonder
- Malin Björkmo, Handelsbanken Fonder
and Reima Kerttula, Chairman of the Board of Directors, Exel Composites Plc, as an expert member.
The Nomination Board prepares the proposals concerning Board of Directors’ members and their remunerations for the following Annual General Meeting. The Nomination Board gives its proposal to the Board of Directors of the company at the latest by 31 January 2019.
Vantaa, 3 October 2018
Exel Composites Plc
Reima Kerttula, Chairman, Board of Directors