Raisio plc Stock Exchange Release 25 February 2015
PROPOSAL FOR MEMBERS OF THE BOARD AND THEIR REMUNERATION
Based on the proposal given by the nomination workgroup set by the Supervisory Board from among its members, the Supervisory Board of Raisio plc proposes to the Annual General Meeting to be held on 26 March 2015 as follows:
During the term commencing after the closing of the General Meeting, the remuneration payable to the Chairman of the Board would be EUR 5,000 per month and the remuneration to the members of the Board EUR 2,000 per month. Approximately 20% of this remuneration shall be paid by assigning shares in the Company’s possession and approximately 80% in cash. The remuneration shall be paid in two equal instalments during the term so that the first instalment is paid on 15 June and the second on 15 December. In addition to this, a remuneration of EUR 400 in cash would be paid to the Chairman of the Board and the members of the Board for each board meeting, including the meetings of committees set by the Board among its members. For a teleconference meeting this remuneration would be EUR 200 in cash. Moreover, they will receive per diem allowance for meeting days and their travel expenses will be compensated according to the company’s travelling rules.
The number of members of the Board of Directors for the term commencing on 26 March 2015 would be confirmed as six.
Board members whose term ends – Erkki Haavisto, Matti Perkonoja, Michael Ramm-Schmidt, Pirkko Rantanen-Kervinen and Antti Tiitola – would be re-elected and Ann-Christine Sundell be elected as a new member – all of them for the term commencing at the closing of the General Meeting.
RAISIO PLC
Janne Martti
Treasury Director, Secretary of the Supervisory Board
tel. +358 50 556 6521
Further information:
Paavo Myllymäki, Chairman of the Supervisory Board
tel. +358 40 582 8261
Raisio Group briefly
Raisio plc is an international specialist in plant-based nutrition. Raisio’s operations are divided into two divisions: Brands and Raisioagro. The Group’s key market areas are Finland, Great Britain, the Czech Republic, Russia, Ukraine, Poland, Estonia and Sweden. Raisio plc’s shares are listed on NASDAQ OMX Helsinki Ltd. In 2014, the Group's net sales totalled EUR 494 million and EBIT was EUR 35 million. The Group employs some 1,900 people. Raisio’s best-known brands are Benecol, Honey Monster, Elovena, Fox’s, Dormen, Juicee Gummee, Poppets and Benemilk.
Distribution
NASDAQ OMX
Key media
www.raisio.com