Decisions by the Annual General Meeting of Apetit Plc

Decisions by the Annual General Meeting of Apetit Plc

Apetit Plc, Stock Exchange Release on 26 May 2020 at 14:00

The Annual General Meeting on 26 May 2020 approved the parent company's and consolidated financial statements for the financial year 1 January - 31 December 2019 and discharged the members of the Supervisory Board and the Board of Directors and the CEOs from liability. The Annual General Meeting decided to distribute a dividend of EUR 0.45 per share in accordance with the Board proposal. The Board of Directors' proposals were approved without changes.

DIVIDEND

The Annual General Meeting decided that a dividend of EUR 0.45 per share will be paid for the financial year 2019. 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 28 May 2020. The dividend is paid on 4 June 2020. No dividend will be paid on shares held by the company.

ELECTION OF THE MEMBERS OF THE SUPERVISORY BOARD, THE MEMBERS OF THE SUPERVISORY BOARD'S NOMINATION COMMITTEE AND THE AUDITORS, AND REMUNERATION

The Annual General Meeting confirmed that the Supervisory Board will have 18 members elected by the Annual General Meeting. Five persons were appointed to replace members of the Supervisory Board completing their term. Jaakko Halkilahti, Marja-Liisa Mikola-Luoto, Petri Rakkolainen ja Mauno Ylinen were re-elected. Olli Saaristo was elected as a new member of the Supervisory Board.

Heikki Laurinen and Pekka Perälä were elected by the Annual General Meeting as the members of the Supervisory Board's Nomination Committee.

Pasi Karppinen, APA, and PricewaterhouseCoopers Oy Authorised Public Accountants with Tuomo Korte, APA, as responsible auditor, were elected as auditors for the period ending with the close of the 2021 Annual General Meeting.

The Annual General Meeting decided that the monthly fee paid to the Supervisory Board’s chairman is EUR 1,000, and to the deputy chairman EUR 665. The meeting allowance paid to the members of the Supervisory Board and the members of the Supervisory Board´s Nomination Committee is EUR 300. In addition, compensation for travelling expenses are paid in accordance with the general travel rules of Apetit Plc. The auditors’ fees are paid according to an invoice approved by the company.

The minutes of the Annual General Meeting will be available on the company’s website, www.apetit.fi/en, as of 9 June 2020.

Apetit Plc

For further information, please contact:
Asmo Ritala, Corporate Councel, tel, +358 10 402 4005


Apetit is a food industry company firmly rooted in Finnish primary production. Our operations are based on a unique value chain: we create well-being with vegetables by offering healthy and tasty food solutions that make daily life easier. We also produce high-quality vegetable oils and rapeseed expellers for feeding stuff, and trade grain on the international markets. Apetit Plc's shares are listed on Nasdaq Helsinki. In 2019, Apetit Group's net sales were EUR 313 million. Read more at apetit.fi.


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