Technopls Ventures Ltd. — Remuneration Information 2018

Feb 15, 2018

The annual and meeting fees for Board and Committee work paid to Board members in 2017 are presented in the table below. The value of shares acquired as part of annual remuneration is included in the total amount of fees.

Remuneration Report 2017

The CEO and Other Group

Technopolis’ Remuneration Report has been drafted according to the Finnish Corporate Governance Code 2015 issued by the Finnish Securities Market Association.

Management Team Members

Keith Silverang serves as the Chief Executive Officer of Technopolis Plc. In 2017, in addition to the CEO, Technopolis’ Group Management Team consisted of Reijo Tauriainen, Chief Financial Officer until April 30, 2017 (Deputy CEO and Advisor until July 31), 2017; Sami Laine, Chief Financial Officer Starting May 1, 2017; Juha Juntunen, Chief Operating Officer; Kari Kokkonen, Chief Real Estate Officer and Outi Raekivi, Chief Legal Officer.

The Remuneration Report discloses remuneration other financial benefits paid during the fiscal period of January 1–December 31, 2017. 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 2017.

The Remuneration and other financial benefits paid to the CEO and the Group Management Team members in 2017 as well as for comparison, corresponding information from the previous fiscal year, are presented on a cash basis in the table on right.

The Board of Directors

The annual and meeting fees for Board and Committee work paid to Board members in 2017 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.

in the total amount of fees.
	2017	2016
Members of the Board:	Annual feesMeeting feesAnnual fees		Meeting fees
Juha Laaksonen,Chairman	55,00016,20026,250		11,600
Jorma Haapamäki,Vice Chairman	31,50010 20031,500		12,600
Helena Liljedahl	26 25010,200-		-
Pekka Ojanpää	26,25010 20026,250		14,400
Christine Rankin	31 50011,400-		-
Reima Rytsölä	26,25010 80026,250		14,200
Former Members of the Board:
Pekka Korhonen	---		2,400
Carl-Johan Granvik	-6,00055 000		24,800
Annica Ånäs	-4,20026,250		16,200
Total	196,75079,200191,500		96,200

The number of shares transferred to the members of the Board as remuneration is presented in the table below:

table below:
Members of the Board:	20172016
Juha Laaksonen,Chairman	6,8192,725
Jorma Haapamäki,Vice Chairman	3,9053,271
Helena Liljedahl	3,254-
Pekka Ojanpää	3,2542,725
Christine Rankin	3,905-
Reima Rytsölä	3,2542,725
Former Members of the Board:
Carl-Johan Granvik	-5,711
Annica Ånäs	-2,725
Total	24,39119,882

The Remuneration and other financial benefits paid to the CEO and the Group Management Team members

members
CEO Keith Silverang	20172016
Annual salary (incl. fringe benefits)	298,343295,804
Annual bonus frompreviousyear	28,80095,040
Share-based incentive scheme*)	75,278145,484
Total	402,421536,328
Other Group Management Team members
Annual salary (incl. fringe benefits)	598,811581,476
Annual bonus frompreviousyear	79,097150,413
Share-based incentive scheme*)	142,897261,864
Total	820,805993,753

*) In 2017, the reward was paid based on the Matching Share Plan 2016. The reward includes the value of shares and the cash proportion. In 2017, no rewards to the Group Management Team members were paid from the earning period 2014–2016 of the Performance Share Plan 2013–2017.