01.02.2024
TAALERI PLC STOCK EXCHANGE RELEASE 1 FEBRUARY 2024 AT 13:00 (EET)
The proposal of Taaleri’s Shareholders’ Nomination Board for the composition and remuneration of the Board of Directors
Proposal for the composition of the Board of Directors
Taaleri’s Shareholders’ Nomination Board proposes to the next Annual General Meeting, which is planned to be held on 10 April 2024, that the number of members of the Board of Directors will be six (6), and that
Juhani Elomaa, Hanna Maria Sievinen, Elina Björklund and Petri Castrén are re-elected as Board members and Juhani Bonsdorff and Leif Frilund are elected as new members of the Board,
Juhani Elomaa is elected as the Chairperson of the Board and Hanna Maria Sievinen as the Deputy Chairperson of the Board.
Tuomas Syrjänen and Jouni Takakarhu have announced that they will no longer be available for the election of Board members.
The nomination Board has evaluated that all Board nominees are independent of the company, except Juhani Bonsdoff, who has had service contract with Taaleri Plc’s subsidiary company during the last three years on a non-temporary basis. Additionally, the nomination Board has evaluated that all Board nominees are independent of significant shareholders of the company.
The members of the Board of Directors are presented on Taaleri’s website:
https://www.taaleri.com/en/corporate-responsibility/governance/board-of-directors-and-committees
The new Board nominees, Juhani Bonsdorff’s and Leif Frilund’s CVs are attached to this release.
Proposal for the remuneration of the Board of Directors
The Nomination Board proposes that the monthly remuneration is as follows:
EUR 6,000 for the Chairperson of the Board (2023: EUR 6,000),
EUR 5,000 for the Vice-Chairperson of the Board (2023: EUR 5,000),
EUR 5,000 for the Chairperson of the Board's Audit Committee (2023: EUR 5,000),
EUR 4,000 for each other Board member (2023: EUR 4,000).
In addition, the Nomination Board proposes that no meeting-specific fees are paid (2023: no meeting-specific fees are paid).
The annual remuneration will cover the entire term of office and Committee work.
The Shareholders’ Nomination Board additionally proposes that travel and accommodation expenses of the members are paid against invoices when the meeting of the Board of Directors and the Committees takes place outside members’ domicile.
The Shareholders’ Nomination Board
The Shareholders’ Nomination Board consists of Peter Fagernäs (Oy Hermitage Ab’s Chairman of the Board), who acts as the Chairman of the Nomination Board. The other members of the Nomination Board are Pertti Laine, Veikko Laine Oy’s Chairman of the Board, and Juhani Elomaa, Taaleri Plc’s Chairman of the Board.
Taaleri’s Board of Directors will include these proposals into the notice of the Annual General Meeting of 2024.
Taaleri Plc
Communications
Further information, please contact:
Peter Fagernäs, Chairperson of Taaleri’s Shareholders’ Nomination Board, + 358 50 523 5831
Pasi Erlin, General Counsel, Taaleri Plc, +358 400 571 113, pasi.erlin@taaleri.com
Distribution:
Nasdaq Helsinki
Key media
www.taaleri.com
Taaleri in brief
Taaleri is a Nordic investment and asset manager that focuses on businesses with industrial-scale opportunities within bioindustry and renewable energy. We create value by combining extensive know-how, deep expertise, entrepreneurship and capital through both funds under management and direct investments. We have been a signatory of the UN Principles for Responsible Investment (UNPRI) since 2010, and we joined the Net Zero Asset Managers initiative in 2021. Taaleri’s vision is to become a leading investment manager operating internationally in bioindustry and renewable energy.
Taaleri has EUR 2.6 bn of assets under management in its private equity funds and co-investments. The company has approximately 120 employees. Taaleri Plc is listed on Nasdaq Helsinki.
Head of Investor Relations, Sustainability and Communications Siri Markula, +358 40 743 2177, siri.markula@taaleri.com