Decisions of Silmäasema Oyj’s Extraordinary General Meeting
Silmäasema Oyj
Stock Exchange Release
26 November 2019 at 4:30 p.m. EET
The Extraordinary General Meeting (EGM) of Silmäasema Oyj held today on 26 November 2019 approved all proposals made by the Shareholder’s Nomination Board to the EGM.
Remuneration of the members of the Board of Directors
The EGM decided to keep the remuneration of the members of the Board of Directors unchanged. The Chairman of the Board is paid annual remuneration of EUR 40,000 and the Vice Chairman and Board Members EUR 22,000. Further, it was confirmed that the meeting fee per Audit Committee meeting will be EUR 400.
Composition of the Board of Directors
The EGM confirmed that the Board of Directors shall consist of seven (7) members for the term expiring at the close of the Annual General Meeting 2020. Martti Kiuru and Torsti Sihvola were re-elected and Harri Halonen, Antti Kummu, Teppo Lindén, Juho Lipsanen and Ulla Näpänkangas were elected as new members to the Board of Directors. Further, the EGM elected Antti Kummu as the Chairman of the Board of Directors and Teppo Lindén as the Vice Chairman.
Minutes of the EGM
The minutes of the EGM will be available on the Company’s website https://company.silmaasema.fi/en/annual-general-meeting/egm-2019 latest on 10 December 2019.
SILMÄASEMA OYJ
For further information, please contact:
CEO Jussi Salminen, tel. +358 40 834 5818
Niina Streng, Head of Communications and Investor Relations, tel. +358 50 322 5195
Silmäasema is a Finnish company, which offers all products and services for optical retail and eye healthcare nationwide. Silmäasema is the largest private eye clinic provider offering eye surgeries and the second largest optical retail chain in Finland. The Silmäasema chain has nearly 150 stores and 13 eye clinics in Finland as well as eight stores in Estonia. The Silmäasema chain employs over 1,000 eye healthcare professionals. The Silmäasema Group’s net sales were EUR 122.9 million in 2018 and adjusted EBITDA was EUR 11.8 million.