Proposals of Sampo plc's Board of Directors and its Committees to the Annual General Meeting

SAMPO PLC     STOCK EXCHANGE RELEASE      10 February 2016 at 11.00 am

Proposals of Sampo plc's Board of Directors and its Committees to the Annual General Meeting

Sampo plc's Board of Directors has decided to summon the Annual General Meeting for 21 April 2016. The notice of Annual General Meeting will be published on 10 February 2016 and registration will commence on 11 February 2016. The Board of Directors and its committees have made the following proposals to the Annual General Meeting.

- Proposal of the Board of Directors for Distribution of Profit

- Proposal of the Nomination and Compensation Committee for the Remuneration of the Members of the Board of Directors

- Proposal of the Nomination and Compensation Committee for the Number of Members of the Board of Directors and the Members of the Board of Directors

- Proposal of the Audit Committee for the Remuneration of the Auditor

- Proposal of the Audit Committee for the Election of the Auditor

- Proposal of the Board of Directors for Authorization to Decide on the Repurchase of the Company's Own Shares

The Board proposes to the Annual General Meeting a dividend of EUR 2.15 per share and an authorization for the Board to decide on repurchasing a maximum of 50,000,000 Sampo A shares using funds available for profit distribution.

The Nomination and Compensation Committee of the Board of Directors proposes to the Annual General Meeting that the number of members remains unchanged and eight members be elected to the Board. The Nomination and Compensation Committee of the Board of Directors proposes that the current members of the Board Jannica Fagerholm, Adine Grate Axén, Veli-Matti Mattila, Risto Murto, Eira Palin-Lehtinen, Per Arthur Sørlie and Björn Wahlroos are re-elected for a term continuing until the close of the next Annual General Meeting. Of the current members Anne Brunila is not available for re-election. The Committee proposes that Christian Clausen be elected as a new member to the Board.

The Nomination and Compensation Committee of the Board of Directors proposes to the Annual General Meeting that the fees of the members of the Board of Directors remain unchanged and that the members of the Board of Directors be paid the following fees until the close of the next Annual General Meeting: the Chairman of the Board will be paid an annual fee of EUR 160,000, the Vice Chairman of the Board will be paid EUR 100,000 and the other members of the Board of Directors will be paid EUR 80,000 each. Annual fees payable to the Board members have remained at the same level since the close of the Annual General Meeting in 2008.