Apetit Oyj — Board/Management Information 2017

Apr 13, 2017

Organisational meeting of the Supervisory Board and election of the Board of Directors

Organisational meeting of the Supervisory Board and election of the Board of Directors

At its meeting on 12th of April 2017, Apetit Plc’s Supervisory Board elected Harri Eela as its Chairman and Marja-Liisa Mikola-Luoto as the Deputy Chairman.

The Supervisory Board decided to elect 6 members to Apetit Plc's Board of Directors. Lasse Aho, Annikka Hurme, Esa Härmälä, Seppo Laine, Veijo Meriläinen and Niko Simula were elected as the members of the Board of Directors. Veijo Meriläinen was appointed as the Chairman and Esa Härmälä as the Deputy Chairman of the Board of Directors.

It was decided that the Board members will be paid an annual remuneration of EUR 19,560 and that the Chairman and Deputy Chairman will receive an annual remuneration of EUR 39,060 and EUR 24,120, respectively. A total of 60 per cent of the annual remuneration will be in cash and the remaining 40 per cent in the form of Apetit Plc's shares held by the company at the current value of the share at the time of transfer. The remuneration will be paid once a year in December. It was also decided that the Chairman and members of the Board of Directors will be paid a meeting allowance of EUR 510 and EUR 300, respectively. 

APETIT PLC

Juha Vanhainen

CEO

Further information:

Corporate Councel Asmo Ritala, tel, +358 10 402 00

Distribution:

Nasdaq Helsinki

Main Media

www.apetitgroup.fi