Decisions taken by Sanoma Corporation’s Annual General Meeting and Board of Directors - Seite 2

Remuneration of the Board of Directors

The AGM resolved that the remuneration payable to the members of the Board of Directors remains unchanged. The monthly remunerations are EUR 12,000 for the Chair of the Board of Directors, EUR 7,000 for the Vice Chair of the Board of Directors, and EUR 6,000 for the members of the Board of Directors.

The meeting fees of the Board of Directors are:

• For Board members who reside outside Finland: EUR 1,000 / Board meeting where the member was present;
• For members of the Board of Directors who reside in Finland: No separate fee is paid for attending Board meetings
• For the Chairs of Board of Directors’ Committees: EUR 3,500 / Committee meeting participated;
• For Committee members who reside outside Finland: EUR 2,500 / Committee meeting where the member was present and EUR 1,500 / Committee meeting participated; and
• For Committee members who reside in Finland: EUR 1,500 / Committee meeting participated.
  
  

The meeting fees of the Shareholders’ Nomination Committee remain unchanged and are:

• For the Chair of the Shareholders’ Nomination Committee: EUR 3,500 / Committee meeting participated;
• For members of the Shareholders’ Nomination Committee who reside outside Finland: EUR 2,500 / Committee meeting where the member was present and EUR 1,500 / Committee meeting participated; and
• For members of the Shareholders’ Nomination Committee who reside in Finland: EUR 1,500 / Committee meeting participated.
  
  

Auditor and Sustainability Auditor

The AGM appointed audit firm PricewaterhouseCoopers Oy as the Auditor and the Sustainability Auditor of the Company with Tiina Puukkoniemi, Authorised Public Accountant, Authorised Sustainability Auditor (ASA), as the Auditor with principal responsibility and responsible Sustainability Auditor. The Auditor and Sustainability Auditor shall be reimbursed against invoice approved by the Company.

Authorisation to repurchase Company’s own shares

The AGM authorised the Board of Directors to decide on the repurchase of a maximum of 16,000,000 of the Company’s own shares (approx. 9.8% of all shares of the Company) in one or several instalments. The shares shall be repurchased with funds from the Company's unrestricted shareholders’ equity, and the repurchases shall reduce funds available for distribution of profits. The authorisation will be valid until 30 June 2025 and it terminates the corresponding authorisation granted by the AGM 2023.