Resolutions of Oma Savings Bank Plc’s Annual General Meeting

OMA SAVINGS BANK PLC STOCK EXCHANGE RELEASE, 26 MARCH 2024 AT 15.00 P.M EET, DECISIONS OF GENERAL MEETING

Resolutions of Oma Savings Bank Plc’s Annual General Meeting

Oma Savings Bank Plc’s Annual General Meeting was held in Helsinki today on 26 March 2024. The AGM confirmed the Company's Financial Statements and Consolidated Financial Statements for the 2023 financial year, granted discharge to the members of the Company's Board of Directors and CEO from liability, decided to support the Company's Remuneration Policy for governing bodies and approved the Remuneration Report for governing bodies. In addition, the AGM decided on the following matters:

Resolution on the use of the profit shown on balance sheet and the payment of dividend
In accordance with the Board's proposal, the AGM decided to pay an ordinary dividend of EUR 0.67 per share and an additional dividend of EUR 0.33 per share based on the balance sheet adopted for the accounting period 2023. The dividend will be paid to a shareholder who is registered in the Company’s shareholder register maintained by Euroclear Finland Ltd on the record date 28 March 2024. The dividend will be paid on 8 April 2024 in accordance with the rules of Euroclear Finland Ltd.

Remuneration of the Board of Directors
In accordance with the proposal of the Shareholders’ Nomination Committee, the AGM decided to pay the following annual remuneration to the members of the Board of Directors for the term ending at the AGM 2025: EUR 72,000 per year to the Chairperson, EUR 54,000 per year to the Vice Chairperson and for other members EUR 36,000 per year. In addition, the meeting fees of EUR 1,000 for each Board meeting and EUR 500 for each email meeting or committee meeting will be paid.

A condition for obtaining and paying a fixed annual fee is that the Board Member commits to purchase Oma Savings Bank Plc shares amounting to 40% of the fixed annual remuneration on the regulated market (Nasdaq Helsinki Ltd) at a price determined by trading. The recommendation is that a member of the Board of Directors shall not transfer the shares awarded as annual remuneration until the membership in the Board has expired.

Number and election of the Board of Directors
The number of members of the Board of Directors was confirmed to be seven. Aila Hemminki, Aki Jaskari, Jyrki Mäkynen, Jaakko Ossa, Jarmo Salmi and Jaana Sandström were re-elected as Board members and Essi Kautonen was elected as a new member for a term ending at the end of the 2025 AGM. For Essi Kautonen, the Finnish Financial Supervisory Authority’s (FIN-FSA) survey of Fitness & Propriety requirements is ongoing.