Technopls Ventures Ltd. — Remuneration Information 2017

Feb 22, 2017

The annual and meeting fees for Board and Committee work paid to Board members in 2016

Remuneration Report 2016

The CEO and Other Group Management Team Members

Technopolis’ Remuneration Report has been drafted according to the Finnish Corporate Governance Code 2015 (www.cgfinland.fi/en) issued by the Finnish Securities Market Association.

Keith Silverang (BA, MBA, born in 1961), has served as the Chief Executive Officer of Technopolis Plc since 2008. In 2016, in addition to the CEO, Technopolis’ Group Management Team consisted of Reijo Tauriainen, Chief Financial Officer and Deputy CEO; Juha Juntunen, Chief Operating Officer; Kari Kokkonen, Director Real Estate Operations and Services and Outi Raekivi, Director, Legal Affairs.

The Remuneration Report discloses remuneration other financial benefits paid during the fiscal period of January 1 – December 31, 2016. Remuneration and other financial benefits are reported on a cash basis. For comparison, the Remuneration Report also presents remuneration paid during the financial year preceding the reported financial year. This Remuneration Report has been published simultaneously with Technopolis Plc´s Financial Statements, the Report by the Board of Directors and the Corporate Governance Statement for 2016.

The Remuneration and other financial benefits paid to the CEO and the Group Management Team members in 2016 as well as for comparison, corresponding information from the previous fiscal year, are presented on a cash basis in the table right.

Register on former Insiders Subject to Declaration Requirement and their closely associated persons has been updated up to 2 July 2016 (before effective date of EU Regulation on Market Abuse, EU N:o 596/2014) and is available on the Company’s website Insider Holdings.

The Board of Directors

The annual and meeting fees for Board and Committee work paid to Board members in 2016 are presented in the table right. The value of shares acquired as part of annual remuneration is included in the total amount of fees.

The Board members do not have an employment or service contract with the company. Furthermore, they do not have share-based remuneration schemes, nor are they included in the company’s other incentive schemes.

The number of shares transferred to the members of the Board as remuneration is presented in the table right.

	The annual and meeting fees for Board and Committee work paid to Board members in 2016	The annual and meeting fees for Board and Committee work paid to Board members in 2016	The annual and meeting fees for Board and Committee work paid to Board members in 2016
	20162015Members of the Board:Annual feesMeeting feesAnnual feesMeeting feesCarl-Johan Granvik,Chairman55,00024,80055,00022,000
	Jorma Haapamäki,Vice Chairman31,50012,60031,500		9,600
	Juha Laaksonen26,25011,600-		-
	Pekka Ojanpää26,25014,40026,250		11,400
	Reima Rytsölä26,25014,20026,250		9,400
	Annica Ånäs26,25016,20026,250Former Members of the Board:Pekka Korhonen-2,40026,250Sari Aitokallio---Timo Ritakallio--TOTAL191,50096,200191,500		11,40012,0003,6002,60082,000

The number of shares transferred to the members of the Board as remuneration

	Members of the Board:Carl-Johan Granvik,ChairmanJorma Haapamäki,Vice ChairmanJuha LaaksonenPekka OjanpääReima RytsöläAnnica ÅnäsFormer Members of the Board:Pekka KorhonenTOTAL	201620155,7117,0373,2714,0302,725-2,7253,3592,7253,3592,7253,359-3,35919,88224,503

The Remuneration and other financial benefits paid to the CEO and the Group Management Team members in 2016 on a cash basis

	The Remuneration and other financial benefits paid to the CEOManagement Team members in 2016 on a cash basis	and the Group
	2016CEO Keith SilverangEURAnnual salary (incl. fringe benefits)295,804Annual bonus frompreviousyear95,040	2015EUR271,42021,543
	Share-based incentive scheme*)145,484	0
	TOTAL536,328Other Group Management Team members	292,963
	Annual salary (incl. fringe benefits)581,476	550,456
	Annual bonus frompreviousyear150,413	121,263
	Share-based incentivescheme*)261,864	0
	TOTAL993,753	671,719

*) The earning periods for Performance Share Plan 2013–2017 are 2013–2015, 2014–2016 and 2015–2017 and the earning periods for Performance Share Plan 2016–2020 are 2016–2018, 2017–2019 and 2018–2020. In 2016, the reward was paid based on the earning period 2013–2015. The reward includes the value of shares and the cash amount in accordance with the term and conditions of the program.

TECHNOPOLIS | REMUNERATION REPORT 2016 1/1