Governance

Principles of Corporate Governance

The duties and obligations of the various executive bodies of Taaleri Plc are defined in accordance with Finnish law and Taaleri Group’s corporate governance principles, which are described on this site. In its operations, Taaleri Plc complies with the Finnish Corporate Governance Code 2015 published by the Securities Market Association, with the exception of Recommendation 18a from which the Company deviates in that the Nomination Committee may also include members external to the Board of Directors in order to bring added expertise to the Company’s key personnel selections. The Finnish Corporate Governance Code can be read in full at www.cgfinland.fi.

General Meeting of Shareholders

Prior to the General Meeting, shareholders must be provided with sufficient information on the matters to be dealt with at the meeting. The notice of the General Meeting shall contain a proposal for the agenda of the General Meeting. The notice of the General Meeting and the following information shall be posted on the website of the company no later than three weeks before the General Meeting:

- the documents to be presented to the General Meeting;

- draft decisions to be presented to the General Meeting

The company shall inform in good time on its website the date by which the shareholder must notify to the Board of Directors the items requested on the agenda of the Annual General Meeting of Shareholders.

No later than two weeks after the general meeting, the minutes of the meeting with the results of any votes as well as attachments to the minutes, which are part of the decision of the General Meeting, shall be posted on the company's website. The documents related to the General Meeting and posted on the website of the company must be kept available for a five years.

Organisation of the General Meeting of Shareholders

The General Meeting shall be organised in a manner that allows the shareholders to exercise their ownership rights effectively.

Participation in the General Meeting; the Board of Directors, the CEO and the auditor

The Chairman of the Board of Directors and a sufficient amount of members of the Board as well as the CEO shall be present at the general meeting. In addition, the auditor has the right to be present at the Annual General Meeting of Shareholders.

Remuneration of the Board of Directors

The General Meeting of Shareholders decides on the remuneration of the Board of Directors and its grounds.