A request for items on the agenda of the Annual General Meeting
A shareholder has the right to request on the agenda of the annual general meeting an item that falls within the competence of the general meeting by virtue of the Limited Liability Companies Act, provided that the shareholder demands so in writing from the Board of Directors, well in advance of the meeting, so that the item can be added in the notice of the annual general meeting. Such requests must be submitted to Outokumpu Board of Directors by January 15, 2021 either by mail to AGM / Outokumpu Oyj, P.O. Box 245, 00181 Helsinki, Finland or by email to the secretary of the Board firstname.lastname@example.org. The shareholder shall ensure that any matters demanded to be addressed at the general meeting are sufficiently detailed in order for them to be included in the notice of the general meeting and be addressed at the general meeting.
If Outokumpu decides to arrange the Annual General meeting in accordance with the provisions of the temporary legislation approved by the Finnish Parliament on September 15, 2020 (677/2020, Act on temporary deviation from the Limited Liability Companies Act) without the physical presence of shareholders and their proxy representatives, a decision proposal may be included in the AGM agenda provided that the shareholders having submitted the proposal hold at least one percent of all the shares in the company.
Proposals by the Nomination Board
The Shareholders’ Nomination Board's proposals have been published as a stock exchange release on December 4, 2020. The Nomination Board proposes that the Board of Directors would consist of eight members and that the current members of the Board of Directors Kati ter Horst, Kari Jordan, Eeva Sipilä, Vesa-Pekka Takala, Pierre Vareille and Julia Woodhouse would be re-elected and that Heinz Jörg Fuhrmann and Päivi Luostarinen would be elected as new members for the term of office ending at the end of the next Annual General Meeting. The Nomination Board also proposes that Kari Jordan would be re-elected as the Chairman and Eeva Sipilä would be re-elected as the Vice Chairman of the Board of Directors.
The Shareholders’ Nomination Board proposes that the annual remuneration and meeting fees would be kept at the same level as during the previous term.
The proposals by the Nomination Board and the CVs of the new proposed members for the Board of Directors can be read in their entirety in the AGM materials below.