NOTICE OF ANNUAL GENERAL MEETING

OLVI PLC                   STOCK EXCHANGE RELEASE 16 March 2020 at 3.00 pm

NOTICE OF ANNUAL GENERAL MEETING 

The shareholders of Olvi plc are hereby invited to the Annual General Meeting that will be held on 8 April 2020 at 11:00 am in the Olvi Beer Hall, address Luuniemenkatu 4, 74100 Iisalmi, Finland. Reception of shareholders registered for the meeting and the distribution of voting slips will commence at 9:30 am.

A. Agenda of the meeting

The Annual General Meeting of Olvi plc will consider the following matters:

1. Opening the meeting

2. Matters of order for the meeting

3. Election of the persons to confirm the minutes and to verify the counting of votes

4. Recording the legal convening of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

6. Presentation of the financial statements 2019, the report of the Board of Directors and the auditors’ report

    Review by the Managing Director

7. Adoption of the financial statements

8. Resolution on the use of the profit shown on the balance sheet and the payment of dividend

The Board of Directors will propose that a dividend of 1.00 euro shall be paid on each Series A and Series K share on the basis of the adopted balance sheet for 2019. The dividend will be paid to shareholders registered in the company’s register of shareholders held by Euroclear Finland Ltd on the record date of the dividend payment, 14 April 2020. No dividend shall be paid on treasury shares held by the company on the record date. The Board of Directors proposes that the dividend be paid in two instalments, one half on 8 May 2020 and the other half on 8 September 2020. There have been no substantial changes in the company’s financial position after the end of the accounting period. The company’s liquidity is good and, according to the Board of Directors’ understanding, the proposed distribution of profit does not endanger liquidity.

9. Resolution on the discharge of the members of the Board of Directors and the Managing Director from liability

10. Adoption of the remuneration policy for governing bodies

The Board of Directors proposes to the Annual General Meeting that it would adopt the remuneration policy for governing bodies covering the years 2020 to 2023.
 
11. Resolution on the remuneration of the members of the Board of Directors