Decisions of Aktia Bank Plc's Annual General Meeting and organising meeting of the Board of Directors

Aktia Bank Plc
Stock Exchange Release
3 April 2024 at 5.45 p.m.

Decisions of Aktia Bank Plc's Annual General Meeting and organising meeting of the Board of Directors

The Annual General Meeting of Aktia Bank Plc was held today, 3 April 2024 in Helsinki. The Annual General Meeting supported all the proposals presented to the meeting and approved the remuneration report and the remuneration policy of the governing bodies. The Annual General Meeting adopted the financial statements of the parent company and the consolidated financial statements and discharged the members of the Board of Directors, the CEO and his deputy from liability for the accounting period 1 January – 31 December 2023.

Dividend payment

In accordance with the proposal by the Board of Directors, the Annual General Meeting decided on the payment of a dividend of 0.70 euro per share for the accounting period 1 January – 31 December 2023. Shareholders registered in the register of shareholders of the company maintained by Euroclear Finland Ltd on the record date for the dividend payment 5 April 2024 are entitled to the dividend. The dividend shall be paid out on 12 April 2024.

The Board of Directors

The Annual General Meeting confirmed the number of board members as nine.

Ann Grevelius, Carl Haglund, Maria Jerhamre Engström, Harri Lauslahti, Sari Pohjonen, Johannes Schulman and Lasse Svens were re-elected as Board members. Joakim Frimodig and Matts Rosenberg were elected as new members of the Board of Directors. All board members were elected for a term of office continuing up until the end of the next Annual General Meeting.

Remuneration

In accordance with the proposal by the Board of Directors the Annual General Meeting decided to approve the remuneration report and the remuneration policy of the governing bodies of Aktia Bank Plc.

The annual remuneration for the Board members was confirmed as EUR 75,000 for the chair, EUR 50,000 for the deputy chair and EUR 40,000 for members. Approximately 40% of the annual (gross) remuneration shall be paid in the form of Aktia shares. In addition, the Chairman of each Committee will further receive an annual remuneration of EUR 8,000. The remuneration for attended meetings was established as EUR 700 per attended meeting. If participation in a board meeting requires travelling outside the board member’s country of residence, the remuneration for board meeting is EUR 1,400. Compensation for travel and accommodation expenses as well as a daily allowance will be paid in line with the Finnish Tax Administration's guidelines and the company's travel policy.