Annual General Meeting 2025

Annual General Meeting 2025

Raute Corporation's Annual General Meeting is planned to be held in Lahti on Tuesday, April 15, 2025 at 10.00 a.m. Raute's Board of Directors will convene the Meeting at a later date.

Shareholders’ proposals to the Annual General Meeting 2025

Possible requests from shareholders to include an item on the agenda 2025 Annual General Meeting should be submitted to Raute's Board of Directors by February 28, 2025. The requests should be sent with a statement of reasons or a resolution proposal in writing to Raute Corporation, Board of Directors, P.O. Box 69, 15551 Nastola, or by email to [email protected].

Proposals of the Shareholders’ Nomination Board to Raute Corporation’s Annual General Meeting 2025 (Stock exchange release published on 23 January 2025)

The Shareholders' Nomination Board of Raute Corporation (the "Nomination Board") proposes to the Annual General Meeting convening on April 15, 2025, that Raute's Board of Directors would consist of seven members.

The Nomination Board proposes that Laura Raitio, Licentiate of Science (Technology), would continue to be elected as the Chair of the Board of Directors and Joni Bask, M.Sc. (Tech.), would continue to be elected as the Vice Chair of the Board of Directors. It is proposed that Ari Harmaala, M.Sc. (Eng.), Mikko Kettunen, M.Sc. (Econ.), Julius Manni, M.Sc. (Econ.), Ari Piik, M.Sc. (Econ.), and Jenni Virnes, M.Sc. (Eng.), be re-elected as members of the Board of Directors.

All candidates have given their consent to the positions.

The Nomination Board proposes that the remuneration of the members of the Board of Directors be revised so that the Chair of the Board of Directors receives EUR 55,000 and the members of the Board of Directors EUR 27,000 for the term of office, as well as the following remuneration for committee work:

  • Meeting fee for committee work to the Chair of the Audit Committee EUR 1000 per meeting,
  • The meeting fee for the chair of other possible committees and committee members is EUR 500 per meeting.

Reimbursement of expenses shall be paid in accordance with the company's current travel policy.

Regarding the election procedure for the members of the Board of Directors, the Nomination Board recommends that the shareholders take a position on the proposal as a whole at the Annual General Meeting. When making the proposal and assessing the qualifications of the individual nominees, the Nomination Board has assessed that the proposed entity of the Board of Directors has the best possible expertise for the company and that the composition of the Board of Directors also meets the other requirements of the Corporate Governance Code for listed companies.

The Nomination Board proposes to the Annual General Meeting that in future a meeting fee of EUR 500 per meeting be paid for the work of the Nomination Board. This requires an amendment to the Charter of the Nomination Board.

The composition of Raute's Shareholders' Nomination Board was announced on September 3, 2024, and its Chair is Pekka Suominen, and its members are Göran Sundholm and Kustaa Poutiainen. Laura Raitio, Chair of the Board of Directors, has acted as an expert in the Nomination Board without being a member of the Nomination Board. The Nomination Board has convened three times during the term.

The Nomination Board made its proposal for a decision unanimously.

The above-mentioned proposals will also be included in the notice to the Annual General Meeting to be published later.