The proposal of Valmet's Shareholders' Nomination Board for the composition and remuneration of the Board of Directors
ESPOO, Finland, Nov. 30, 2023 /PRNewswire/ -- Valmet's Nomination Board proposes to the next Annual General Meeting, which is planned to be held on March 21, 2024, that the number of members of the Board of Directors for the term expiring at the close of the Annual General Meeting 2025 will be eight, and that
- Eriikka Söderström, member of the Board of Directors, and Aaro Cantell, member of the Board of Directors, have informed Valmet's Nomination Board that they will not be available in the election of the Board of Directors in the next Annual General Meeting.
- The Nomination Board notes that all proposed Board members are independent of the company.
- Furthermore, the Nomination Board proposes that a meeting fee of EUR 1,500 shall be paid to Board members for a Board travel meeting.
- Mikael Mäkinen, Chairman of Valmet's Board of Directors, served as the Nomination Board's expert member.