Orthex Oyj — AGM Information 2025

Jan 17, 2025

Orthex Corporation: Proposals of the Shareholders' Nomination Board to the Annual General Meeting 2025

Orthex Corporation: Proposals of the Shareholders' Nomination Board to the Annual General Meeting 2025

Orthex Corporation, Stock exchange release, 17 January 2025 at 1.00 p.m. EET
The Shareholders' Nomination Board of Orthex Corporation proposes to the Annual
General Meeting 2025 that the meeting would decide on the number, composition,
and remuneration of the members of the Board of Directors as follows:
Number of members and composition of the Board of Directors
The Shareholders' Nomination Board proposes that the Board of Directors would
consist of five (5) members and thatSanna Suvanto-Harsaae,Markus Hellström,Jyrki
Mäki-Kala,and Anette Rosengrenbe re-elected to the Board and that Tuomas Yrjölä
be elected as a new member to the Board, all for a term of office ending at the
end of the next Annual General Meeting.

The new director nominee Tuomas Yrjölä (b. 1978) is Finnish citizen living in
Germany and holds a master's degree in economics. He has made his entire
professional career in consumer goods business outside Finland and is currently
President of Global Marketing and Innovation and member of the Executive
Management Team at the Swedish Essity Aktiebolag which is a publicly listed
leading hygiene and health company. Prior to this, he held the position of
President, Global Brand, Innovation, and Sustainability, and earlier the
position of Vice President carrying responsibility for Essity's Global Baby Care
and Feminine Care categories. Mr Yrjölä started his professional career at the
American multinational consumer goods corporation Procter & Gamble where he made
over ten-year career in managerial positions with responsibilities in brand
management and marketing in Sweden, Switzerland and the USA. Since 2016, he is a
supervisory board member at UCM AV, a technology joint-venture between Essity
and Japanese Unicharm Corporation with joint operations in North America,
Europe, Asia and Australia.
All director nominees have consented to their election and confirmed that they
are independent of the company and its significant shareholders. Background
information on the director nominees is available on the corporate websiteBoard
of Directors - Orthex Group (https://investors.orthexgroup.com/governance/board
-of-directors/). The CV of the new director nominee Tuomas Yrjölä is also
attached to this release.
Remuneration of the members of the Board of Directors
The Shareholders' Nomination Board proposes that the monthly remuneration of the
members of the Board of Directors remains the same and that the Chair of the
Board of Directors be paid a monthly fee of EUR 4,000 and other members of the
Board of Directors a monthly fee of EUR 2,000. The Nomination Board further
proposes an introduction of meeting-specific fees so that a meeting fee of EUR
250 is paid for a meeting held in the Board member's country of residence or as
a remote meeting, and a meeting fee of EUR 500 for a meeting held elsewhere than
in the Board member's country of residence and that reasonable travel and other
expenses related to the Board work be reimbursed in accordance with the
company's travel rules.
The Shareholders' Nomination Board consists of the representatives of the
company's four largest shareholders. The members of the Nomination Board areErik
Toivanen, CEO of Conficap Oy,Alexander Rosenlew, Annika Ekman, Head of Direct
Equity Investments of Ilmarinen Mutual Pension Insurance Company,Erkka Kohonen,
Senior Portfolio Manager of Varma Mutual Pension Insurance Company and, as an
expert member,Sanna Suvanto-Harsaae, Chair of Orthex's Board of Directors.Erik
Toivanen chairs the Nomination Board.
The Annual General Meeting of Orthex Corporation is planned to be held on
Tuesday, 29 April 2025. Orthex's Board of Directors will convene the general
meeting later.
Further enquiries:
Alexander Rosenlew, CEO, Orthex Corporation
Tel. +358 (0)40500 3826
alexander.rosenlew@orthexgroup.com
Saara Mäkelä, CFO, Orthex Corporation
Tel. +358 (0)40083 8782
saara.makela@orthexgroup.com
Distribution:
Nasdaq Helsinki Ltd
Main media
https:/investors.orthexgroup.com/

Orthex in brief
Orthex (ORTHEX, Nasdaq Helsinki, Finland) is a leading Nordic houseware company.
Orthex offers a broad assortment of practical and durable household products
with a mission to make consumers' everyday life easier. Orthex main consumer
brands are SmartStore™ in storage products, GastroMax™ in kitchenware and
Orthex™ in home and plant care categories. Orthex aims to be the industry
forerunner in sustainability and to become carbon neutral in its production by
2030. Read more www.orthexgroup.com.

Orthex's net sales in 2023 were 85.9 million euros. The company has customers in
more than 40 countries and local sales organisations in the Nordics, Germany,
France, the UK, and the Benelux.

Follow Orthex onLinkedIn (https://www.linkedin.com/company/orthexgroup) |
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