Proposals of Sampo plc's Board of Directors and its Committees to the Annual General Meeting - Seite 2

The Nomination and Remuneration Committee of the Board of Directors proposes to the Annual General Meeting that each member of the Board of Directors be paid an annual fee of EUR 93,000 until the close of the next Annual General Meeting and the Chair of the Board be paid EUR 180,000. Furthermore, the Nomination and Remuneration Committee proposes that the members of the Board of Directors and its Committees be paid the following annual fees: the Vice Chair of the Board be paid EUR 26,000; the Chair of the Audit Committee be paid EUR 26,000; and each member of the Audit Committee be paid EUR 6,000.

The Audit Committee of the Board of Directors proposes that the Authorized Public Accountant Firm Ernst & Young Oy be elected as the company’s Auditor until close of the next Annual General Meeting.

The proposals are attached in full to this release.

Sampo plc’s Remuneration Policy for Governing Bodies will be published later today in connection with the Notice to the Annual General Meeting.

SAMPO PLC
Board of Directors

For more information, please contact:

Jarmo Salonen
Head of Investor Relations and Group Communications
tel. [phone]

Maria Silander
Communications Manager, Media Relations
tel. [phone]

Mirko Hurmerinta
IR & Communications Specialist, Media Relations
tel. [phone]

Distribution:
Nasdaq Helsinki
London Stock Exchange
The principal media
Financial Supervisory Authority
www.sampo.com

ANNEX 1

Proposal of the Board of Directors for distribution of profit

The parent company’s distributable capital and reserves totaled EUR 7,383,547,646.18 of which profit for the financial year 2019 was EUR 1,489,678,098.42.

The Board proposes to the Annual General Meeting a dividend of EUR 1.50 per share to the company’s 555,351,850 shares. The dividends to be paid are EUR 833,027,775.00 in total. The remainder of the funds are left in the equity capital.

The dividend will be paid to the shareholders registered in the Register of Shareholders held by Euroclear Finland Ltd as the record date of 4 June 2020. The Board proposes that the dividend be paid on 11 June 2020.

No other significant changes have taken place in the company's financial position since the end of the financial year, except the decrease in the market values of investment assets as a consequence of the COVID-19 outbreak. The company's liquidity position is good and in the view of the Board, the proposed distribution does not jeopardize the company's ability to fulfill its obligations.