13.02.2023
TAALERI PLC STOCK EXCHANGE RELEASE 13 FEBRUARY 2023 AT 14:00 (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 13 April 2023, that the number of members of the Board of Directors will be six (6), and that
Juhani Elomaa, Hanna Maria Sievinen, Elina Björklund, Petri Castrén, Tuomas Syrjänen and Jouni Takakarhu are re-elected as Board members,
Juhani Elomaa is elected as the Chairperson of the Board and Hanna Maria Sievinen as the Deputy Chairperson of the Board.
The nomination Board has evaluated that all Board nominees are independent of the company and 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
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 (2022: annually EUR 55,000, corresponding to EUR 4,583 per month),
EUR 5,000 for the Vice-Chairperson of the Board (2022: annually EUR 41,000, corresponding to EUR 3,417 per month),
EUR 5,000 for the Chairperson of the Board's Audit Committee (2022: annually EUR 41,000, corresponding to EUR 3,417 per month),
EUR 4,000 for each other Board member (2022: annually EUR 35,000, corresponding to EUR 2,917 per month).
In addition, the Nomination Board proposes that no meeting-specific fees are paid (2022: EUR 1,000 to the Chairperson of the Audit Committee and EUR 500 to other members).
The annual remuneration will cover the entire term of office and Committee work.
The Nomination Committee of the Board of Directors 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 2023.
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 with an emphasis on renewable energy and other alternative investments. We channel capital towards economically profitable undertakings that have a lasting positive impact on the environment and society. We combine capital with talent, expertise, entrepreneurship, and a bold sense of purpose. We are 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 be a Nordic forerunner in alternative investments focusing on sustainability.
Taaleri has two business segments: Private Asset Management and Strategic Investments. Private Asset Management consists of renewable energy, real estate and bioindustry businesses. The Strategic Investments segment includes Garantia Insurance Company Ltd.
Taaleri has EUR 2.5 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 Communications and IR Siri Markula, +358 40 743 2177, siri.markula@taaleri.com