Decisions Adopted by eQ Plc's Annual General Meeting - Seite 2

According to the decision of the AGM, all six Board members, being Päivi Arminen, Nicolas Berner, Georg Ehrnrooth, Timo Kokkila, Janne Larma and Tomas von Rettig were re-elected as members to the Board of Directors. The term of office of the Board members ends at the close of the next Annual General Meeting. The Board appointed Janne Larma as Chair of the Board and Georg Ehrnrooth as Vice Chair of the Board of Directors in its meeting held immediately after the AGM.

Auditors and auditors’ compensation

The AGM decided to elect Authorised Public Accountants KPMG Oy Ab as auditor of the company. The auditor with main responsibility, named by KPMG Oy Ab is Tuomas Ilveskoski, APA. It was decided to compensate the auditor according to the auditor's invoice approved by the eQ Plc.

Authorising the Board of Directors to decide on the issuance of shares as well as the issuance of special rights entitling to shares

The AGM authorised the Board of Directors to decide on a share issue or share issues and/or the issuance of special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act, comprising a maximum total of 3,500,000 new shares. The amount of the authorisation corresponds to approximately 8.59 per cent of all shares in the Company at the date of the notice of the AGM.

The authorisation is to be used in order to finance or carry out potential acquisitions or other business transactions, to strengthen the balance sheet and the financial position of the Company, to fulfill Company’s incentive schemes or to any other purposes decided by the Board. Based on the authorisation, the Board decides on all other matters related to the issuance of shares and special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act, including the recipients of the shares or the special rights entitling to shares and the amount of the consideration to be paid. Therefore, based on the authorisation, shares or special rights entitling to shares may also be issued directed i.e. in deviation of the shareholders pre-emptive rights as described in the Companies Act. A share issue may also be executed without payment in accordance with the preconditions set out in the Companies Act.