Kesko Corporation's Annual General Meeting today confirmed the number of Board members to be seven (7) and elected retailer Pentti Kalliala, Ilpo Kokkila, Executive Vice President Maarit Näkyvä, Seppo Paatelainen, Keijo Suila (Deputy Chairman), retailer Jukka Säilä and retailer Heikki Takamäki (Chairman) as Board members.
The term of office of each Board member, in accordance with the Articles of Association, is three years with the term starting at the close of the General Meeting electing the member and expiring at the close of the third Annual General Meeting after the election (in 2009).
The Board of Directors' Audit Committee consists of Maarit Näkyvä (Chairman), Seppo Paatelainen and Keijo Suila. The Board of Directors' Compensation Committee consists of Heikki Takamäki (Chairman), Pentti Kalliala and Keijo Suila. The committees' terms of office always expire at the Annual General Meeting.
On the basis of the evaluation of independence carried out by the Board of Directors, all members of the Audit Committee are independent of the company and its significant shareholders.
Further information is available from Corporate Secretary, Director Mika Majoinen, telephone +358 1053 22206.
Kesko Corporation
Paavo Moilanen
Senior Vice President, Corporate Communications
Senior Vice President, Corporate Communications
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Helsinki Stock Exchange
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Helsinki Stock Exchange
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