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Composition of Suominen’s Nomination Committee

The representatives notified by the company's three largest shareholders have been elected to Suominen Corporation’s Nomination Committee. The representatives are: Jan Lång, President & CEO, Ahlstrom Corporation; Timo Ritakallio, Deputy CEO, Ilmarinen Mutual Pension Insurance Company; and Risto Murto, Executive Vice-President, Varma Mutual Pension Insurance Company. Jorma Eloranta, Chairman of Suominen's Board of Directors, serves as the Nomination Committee's expert member.

Suominen’s Extraordinary General Meeting held on 12 September 2011 resolved to establish a Nomination Committee to prepare proposals for the following Annual General Meeting concerning the election and remuneration of the members of the Board of Directors. Under the resolution, representatives of the three largest shareholders as of 15 November 2011 are elected to the Nomination Committee and the Chairman of the Board of Directors would serve as an expert member. The resolution of the Extraordinary General Meeting regarding the establishment of the Nomination Committee was conditional and only came into effect on 21 October 2011 upon the completion of the transaction between the company and Ahlstrom Corporation.

The Nomination Committee shall submit its proposals to the Board of Directors no later than 1 February prior to the Annual General Meeting.

Tampere, 17 November 2011

Suominen Corporation

Arto Kiiskinen Vice President and CFO

For additional information please contact: Mr. Arto Kiiskinen, Vice President and CFO, tel. +358 (0)10 214 300

Suominen produces high-quality nonwovens, flexible packaging and wet wipes for industry and the retail sector. www.suominen.fi

 

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