Decisions taken by Suominen Corporation’s Annual General Meeting and the Board of Directors

Core Points - Suominen Corporation held its Annual General Meeting (AGM) on April 25, 2025, in Helsinki, Finland, where the Financial Statements for 2024 were adopted and the Board of Directors and CEO were discharged from liability for the financial year 2024 [1] - The AGM resolved that no dividend will be paid based on the financial year 2024, and the distributable funds will remain in the company's unrestricted equity [2] - The remuneration for the Board of Directors remains unchanged, with the Chair receiving EUR 74,000, the Deputy Chair EUR 45,000, and other members EUR 35,000, along with additional fees for meetings [3][4] - The Board of Directors will consist of seven members, with five re-elected and two new members appointed [5] - KPMG Oy Ab was elected as the auditor and sustainability auditor for the company, with fees to be paid according to approved invoices [7][8] - The Board of Directors was authorized to repurchase up to 1,000,000 of the company's own shares, valid until June 30, 2026 [10][11] - The Board was also authorized to issue a maximum of 5,000,000 new shares, with the authorization valid until June 30, 2026 [12][14] - The minutes of the AGM will be available on the company's website by May 9, 2025 [15] - The company reported net sales of EUR 462.3 million in 2024 and employs over 700 professionals in Europe and the Americas [19]