Elisa Oyj — AGM Information 2021

Apr 8, 2021

Decisions of Elisa’s Annual General Meeting 2021

Decisions of Elisa’s Annual General Meeting 2021

ELISA STOCK EXCHANGE RELEASE 8 APRIL 2021 AT 2:05 PM

Elisa's Annual General Meeting was held under special arrangements without the
presence of shareholders or their proxy representatives in order to limit the
spread of the Covid-19.

In accordance with the proposal of the Board of Directors, Elisa’s Annual
General Meeting decided to pay a dividend of EUR 1.95 per share based on the
adopted financial statements 31 December 2020. The dividend will be paid to the
shareholders registered in the company’s share register maintained by Euroclear
Finland Ltd on 12 April 2021. The dividend will be paid on 20 April 2021.

The Annual General Meeting adopted the financial statements for 2020. The
members of the Board of Directors and the CEO were discharged from liability for
2020. The Annual General Meeting approved the Remuneration Report of the
Company’s governing bodies for 2020.

The number of the members of the Board of Directors was confirmed at eight (8).
Ms Clarisse Berggårdh, Mr Kim Ignatius, Mr Topi Manner, Ms Eva-Lotta Sjöstedt Ms
Seija Turunen, Mr Anssi Vanjoki and Mr Antti Vasara were re-elected as members
of the Board of Directors, and Mr Maher Chebbo as a new member of the Board of
Directors. Mr Anssi Vanjoki was appointed as the Chair and Ms Clarisse Berggårdh
as the Deputy Chair of the Board of Directors.

The Annual General Meeting decided that the amount of annual remuneration for
the members of the Board of Directors and remuneration for meeting participation
be changed. The Chair is paid an annual remuneration of EUR 126,000, the Deputy
Chair and the Chairs of the Committees EUR 84,000, and other Board members EUR
69,000; and additionally EUR 800 per meeting of the Board and of a
Committee. However, if a Board member lives permanently outside Finland and is
physically present in the Board or Committee meeting, which is held in a country
other than his/her permanent home country, the meeting fee is EUR 1,600

KPMG Oy Ab, Authorised Public Accountants Organisation, was re-elected as the
company’s auditor. APA Toni Aaltonen is the responsible auditor.

The Annual General Meeting decided on to authorise the Board of Directors to
resolve to repurchase or accept as pledge the company’s own shares. The
repurchase may be directed. The amount of shares under this authorisation is 5
million shares at maximum. The authorisation is valid for 18 months from the
date of the resolution of the General Meeting.

The Annual General Meeting decided on to authorise the Board of Directors to
pass a resolution concerning the share issue, the right of assignment of
treasury shares and/or the granting of special rights referred to in the
Companies Act. The amount of shares under this authorisation is 15 shares at
maximum. The authorisation is valid for 18 months from the date of the
resolution of the General Meeting.

ELISA CORPORATION

Mr. Vesa Sahivirta
IR Director
tel. +358 50 520 5555

Distribution:

Nasdaq Helsinki
Principal media
elisa.com (http://www.elisa.com)