Remuneration of the Board of Directors
The AGM, held on April 25, 2025, decided, in accordance with the proposal of the Shareholders’ Nomination Board, that the remuneration of the Board of Directors remains unchanged and is as follows:
The Chair is paid an annual fee of EUR 74,000, the Deputy Chair an annual fee of EUR 45,000 and other Board members an annual fee of EUR 35,000. The Chair of the Audit Committee is paid an additional fee of EUR 10,000.
Further, the members of the Board will receive a fee for each Board and Committee meeting as follows:
- EUR 500 for each meeting held in the home country of the respective member,
- EUR 1,000 for each meeting held elsewhere than in the home country of the respective member and
- EUR 500 for each meeting attended by telephone or other electronic means.
75% of the annual fee is paid in cash and 25% in Suominen Corporation’s shares. The shares will be transferred out of the own shares held by the company by the decision of the Board of Directors within two weeks from the date on which the interim report of January–March 2025 of the company is published.
Compensation for expenses is paid in accordance with the company's valid travel policy.
Updated on April 28, 2025