Apetit Plc: Decisions by the Annual General Meeting 2025
Apetit Plc: Decisions by the Annual General Meeting 2025
Apetit Plc’s Annual General Meeting was held on 10 April 2025 in Säkylä. At the beginning of the meeting 2,370 shareholders representing 3,569,106 shares and votes were represented at the meeting.
Adoption of the Financial Statements and the resolution on the discharge from liability
The Annual General Meeting adopted the financial statements and the consolidated financial statements for the financial year 1 January - 31 December 2024 and discharged the members of the Supervisory Board and the Board of Directors and the CEO from liability.
Dividend
The Annual General Meeting decided, in accordance with the Board of Director’s proposal, that a dividend of EUR 0.75 per share will be paid for the financial year 2024. The dividend will be paid to shareholders who are registered in the company’s share-holder register maintained by Euroclear Finland Ltd on the record date of 14 April 2025. The dividend will be paid 23 April 2025. No dividend will be paid on shares held by the company.
Handling of the Remuneration Report for governing bodies
The Annual General Meeting decided, in accordance with the Board of Director’s proposal, to adopt the Remuneration Report for 2024 for the governing bodies.
The Remuneration Report is available on the company’s website at apetit.fi/en/corporate-governance/remuneration.
Processing of the Company’s Remuneration Policy
The Annual General Meeting decided, in accordance with the Board of Director’s proposal, to approve Apetit Plc’s Remuneration Policy. In accordance with the Limited Liability Companies Act, the resolution is advisory.
The Remuneration Policy is available on the company’s website at apetit.fi/en/corporate-governance/remuneration.
Resolution of the number of the members of the Supervisory Board
The Annual General Meeting decided that the Supervisory Board will have 16 members elected by the Annual General Meeting.
Resolution of the remuneration of members of the Supervisory Board
The Annual General Meeting decided, in accordance with the Supervisory Board’s Nomination Committee’s proposal, that the meeting fee of the Chairman of the Supervisory Board is EUR 500 and the annual fee is EUR 15,000 and that the remuneration of the members of Supervisory Board remains unchanged.
Meeting allowances are paid to the members of the Supervisory Board also when they attend meetings of the Supervisory Board’s Nomination Committee or the company’s other governing bodies. For the members of the Supervisory Board’s Nomination Committee who are not members of the Supervisory Board, the meeting allowance is EUR 300 for their attendance in the meetings of the Supervisory Board or the Supervisory Board’s Nomination Committee.
Election of the members of the Supervisory Board
One person was appointed as re-elected and 3 persons were elected as new members to replace members of the Supervisory Board completing their term.
The Annual General Meeting decided to re-elect Tommi Mäkelä and elect Eveliina Nyandoto, Erno Toikka and Susanne West as new members to the Supervisory Board.
Resolution on the number of members of the Board of Directors
The Annual General Meeting decided, in accordance with the Supervisory Board’s proposal, that 5 members are elected to the Board of Directors.
Resolution on the remuneration of Chairman, Deputy Chairman and members of the Board of Directors
The Annual General Meeting decided, in accordance with the Supervisory Board’s proposal, that the annual fee for the Chairman of the Board of Directors is EUR 60,000 and the annual fee for the Deputy Chairman of the Board of Directors EUR 38,000 and the annual fee for other members of the Board of Directors is EUR 33,000. The meeting allowances remain unchanged. Meeting allowances are also paid to the members of the Board of Directors when they attend the meetings of the Supervisory Board or the Supervisory Board’s Nomination Committee. Daily allowance and travel allowances for attending a meeting are paid in accordance with the company's travel rules.
Election of the Chairman and Deputy Chairman of the Board of Directors
The Annual General Meeting decided, in accordance with the Supervisory Board’s proposal, that Erkki Järvinen is elected as new Chairman of the Board of Directors and Niko Simula re-elected as the Deputy Chairman of the Board of Directors.
Election of other members of the Board of Directors
The Annual General Meeting decided, in accordance with the Supervisory Board’s proposal, that Heli Arantola, Antti Korpiniemi and Kati Sulin are re-elected as the other members of the Board of Directors.
Election of the members of the Supervisory Board's Nomination Committee
Nicolas Berner was re-elected as the member of the Supervisory Board's Nomination Committee and Annikka Hurme was elected as a new member of the Supervisory Board's Nomination Committee.
The election of the auditor
In accordance with the Board of Director’s proposal, Ernst & Young Oy, authorized public accountant Osmo Valovirta, APA as the principal auditor was re-elected as the auditor and Ernst & Young Oy, authorized sustainability accountant Osmo Valovirta, ASA as the principal sustainability auditor was elected as the sustainability auditor.
The auditor is elected until the closing of the Annual General Meeting 2026.
Authorizing the Board of Directors to decide on the repurchase of Company’s own shares
In accordance with the Board of Director’s proposal the Annual General Meeting decided to authorize the Board of Directors to decide on the repurchase of a maximum of 80,000 (eighty thousand) of the company’s own shares using the unrestricted equity of the company representing about 1,27 per cent of all the shares in the company. The authorization includes the right to accept company’s own shares as a pledge.
The authorization is valid until the closing of the Annual General Meeting 2026, however no longer than until 31 May 2026. The authorization cancels the authorization to repurchase shares granted at the Annual General Meeting on 11 April 2024.
Apetit Plc
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About Apetit Oyj
Apetit is a food industry company firmly rooted in Finnish primary production. Our operations are based on a unique and sustainable value chain: we create well-being with vegetables by offering tasty food solutions that make daily life easier and produce high-quality vegetable oils and rapeseed expellers for feeding stuff. Apetit Plc's shares are listed on Nasdaq Helsinki. Read more: apetit.fi
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