Annual General Meeting 2011

Resolutions passed by Suominen Corporation's Annual General Meeting

The Annual General Meeting of Shareholders was held today on 30 March 2011. The Meeting was opened by the Chairman of the Board of Directors, Mr. Mikko Maijala, and chaired by Attorney-at-law, Mr. Jukka Laitasalo.

Financial Statements
The Annual General Meeting approved the financial statements of the parent company and the Group for the financial year 1 January - 31 December 2010 and released the members of the Board of Directors and the President and CEO from liability for the period.

Dividend
The Annual General Meeting decided that no dividend be paid for the financial year 2010.

Composition of the Board of Directors and remuneration
The Annual General Meeting confirmed the number of members of the Board of Directors six (6). The Meeting elected Heikki Bergholm, Kai Hannus, Suvi Hintsanen, Juhani Lassila, Mikko Maijala and Heikki Mairinoja to the Board of Directors for the next term of office in accordance with the Articles of Association. The Board of Directors held an initial meeting after the Annual General Meeting and elected Mikko Maijala as its Chairman and Heikki Mairinoja as Deputy Chairman.

The Meeting decided that the yearly remuneration of the members of the Board of Directors remain at EUR 30,000 for the Chairman, EUR 22,500 for the Deputy Chairman, and EUR 18,750 for the other members. 40 per cent of the remuneration amount will be paid using the company's own shares.

The auditor
PricewaterhouseCoopers Oy, Authorised Public Accountants, were re-elected as auditors for the term expiring at the close of the next Annual General Meeting. The audit fee will be paid on the basis of an approved invoice.

Minutes of the meeting
The minutes of the meeting will be available on the company's website at www.suominen.fi as from 13 April 2011 at the latest.