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2016-01-21

Kemira Oyj: Proposals of the Nomination Board to the Annual General Meeting 2016

Kemira Oyj

Stock Exchange Release
January 21, 2016 at 9 am (CET+1)

The Nomination Board proposes to the Annual General Meeting of Kemira Oyj that
seven members (previously six) be elected to the Board of Directors and that
the present members Wolfgang Büchele, Winnie Fok, Juha Laaksonen, Timo
Lappalainen, Jari Paasikivi and Kerttu Tuomas be re-elected as members of the
Board of Directors. Nomination Board proposes that Kaisa Hietala be elected
as new member of the Board of Directors. In addition, the Nomination Board
proposes Jari Paasikivi to be re-elected as the Chairman of the Board of
Directors and Kerttu Tuomas to be re-elected as the Vice Chairman. All the
nominees have given their consent to the position.

Ms. Kaisa Hietala (b. 1971) M.Sc. (Physics), Finland and M.Sc. (Env.Sc.), UK
is currently working as EVP, Renewable Products at Neste Corporation and as a
member of the Neste Executive Board.

The Nomination Board proposes to the Annual General Meeting that the
remuneration paid to the members of the Board of Directors will remain
unchanged. The remuneration paid to the members of the Board of Directors
would thus be as follows. The annual fees: for the Chairman EUR 80,000 per
year, for the Vice Chairman and the Chairman of the Audit Committee EUR
49,000 per year and for the other members EUR 39,000 per year. A fee payable
for each meeting of the Board of Directors and the Board Committees would be
for the members residing in Finland EUR 600, for the members residing in rest
of Europe EUR 1,200 and for the members residing outside Europe EUR 2,400.
Travel expenses are proposed to be paid according to Kemira's travel policy.

In addition, the Nomination Board proposes to the Annual General Meeting that
the annual fee be paid as a combination of the company's shares and cash in
such a manner that 40% of the annual fee is paid with the company's shares
owned by the company or, if this is not possible, shares purchased from the
market, and 60% is paid in cash. The shares will be transferred to the
members of the Board of Directors and, if necessary, acquired directly on
behalf of the members of the Board of Directors within two weeks from the
release of Kemira's interim report January 1 - March 31, 2016. The meeting
fees are proposed to be paid in cash.

The Nomination Board has consisted of the following representatives: Pekka
Paasikivi, Chairman of the Board of Oras Invest Oy as the Chairman of the
Nomination Board; Kari Järvinen, Managing Director of Solidium Oy; Risto
Murto, President and CEO, Varma Mutual Pension Insurance Company and Timo
Ritakallio, President and CEO, Ilmarinen Mutual Pension Insurance Company as
members of the Nomination Board and Jari Paasikivi, Chairman of Kemira's
Board of Directors as an expert member.

For more information, please contact
Pekka Paasikivi, Chairman of the Kemira Nomination Board
+358 10 2868 100

Kemira Oyj
Olli Turunen, VP, Investor Relations
+358 10 862 1255
Kemira
is a global chemicals company serving customers in water-intensive industries.
We provide expertise, application know-how and chemicals that improve our
customers' water, energy and raw material efficiency. Our focus is on
pulp&paper, oil&gas, mining and water treatment. In 2014, Kemira had annual
revenue of EUR 2.1 billion and around 4,250 employees. Kemira shares are
listed on the NASDAQ OMX Helsinki Ltd.
www.kemira.com

Link to the release
http://hugin.info/3008/R/1980329/725439.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kemira Oyj via Globenewswire

HUG#1980329

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