Resolutions of the Aspo Annual Shareholders’ Meeting

Aspo Plc
Decisions of general meeting
April 12, 2024, at 1.00 p.m.

Resolutions of the Aspo Annual Shareholders’ Meeting

The Annual Shareholders' Meeting of Aspo Plc was held today on April 12, 2024, in Helsinki. The Annual Shareholders' Meeting of Aspo Plc approved the company's and consolidated financial statements 2023 and discharged the members of the Board of Directors and the CEO from the liability. The Annual Shareholders’ meeting approved the payment of a dividend totaling EUR 0.24 per share. The record date for the dividend will be April 16, 2024 and the payment date will be April 23, 2024.

Furthermore, the Annual Shareholders’ Meeting authorized the Board of Directors to decide on a possible distribution of capital from the invested unrestricted equity fund in the maximum amount of EUR 0.23 per share on a later date, if aligned with the growth strategy and considering the long-term benefit of Aspo’s shareholders. The authorization is valid until the next Annual Shareholders’ Meeting.

The Annual Shareholders’ Meeting also approved the Company’s Remuneration Report, as proposed by the Board of Directors.

Remuneration of the members of the Board of Directors and the Committees

The Annual Shareholders' Meeting approved that EUR 6,000 be paid per month for the Chairman of the Board of Directors, EUR 4,400 per month for the Vice Chairman and EUR 3,000 per month for the other members of the Board of Directors.

The Annual Shareholders' Meeting approved that the following remuneration be paid to the members of the Audit Committee as well as to the members of the Remuneration Committee. The shareholders approved that EUR 1,200 per meeting be paid for the Chairman of the committee and EUR 800 per meeting be paid for the committee members. If the Chairman of the committee is also the Chairman or the Vice Chairman of the Board of Directors, the fee paid to the Chairman of the committee is the same as that paid to members of the committee.

Board of Directors, Auditor and the Sustainability Reporting Assurance Provider

The meeting confirmed the number of Board members at seven. Patricia Allam, Tapio Kolunsarka, Mikael Laine, Kaarina Ståhlberg, Tatu Vehmas and Heikki Westerlund were re-elected to the Board of Directors. Annika Ekman was elected as a new member of the Board. At the Board's organizing meeting held after the Annual Shareholders' Meeting, Heikki Westerlund was elected as Chairman of the Board and Mikael Laine as Vice Chairman. At the meeting the Board decided to appoint Heikki Westerlund as Chair of the Human Resources and Remuneration Committee, and Patricia Allam, Tapio Kolunsarka, and Tatu Vehmas as committee members. At the meeting the Board also decided to appoint Kaarina Ståhlberg as Chair of the Audit Committee, and Annika Ekman, Mikael Laine and Tatu Vehmas as committee members.