Proposals by the Nomination Board to the Annual General Meeting 2026 of Suominen

Core Points - Suominen Corporation's Shareholders' Nomination Board proposes to reduce the number of Board members from seven to six for the Annual General Meeting in 2026 [1] - The Nomination Board recommends re-electing five current members and electing Ville Vuori as a new member and Chair of the Board [2][6] - Current Chairman Charles Héaulmé will step down due to his role as President & CEO of the company [3] Board Composition - Proposed re-elected members include Andreas Ahlström, Gail Ciccione, Nina Linander, Maija Joutsenkoski, and Laura Remes [2] - Ville Vuori, with a background as Chairman of other companies and former CEO, is proposed as a new member [4] - Björn Borgman will not be available for re-election [3] Independence of Candidates - All candidates are independent of the company and its significant shareholders, except for Andreas Ahlström and Maija Joutsenkoski due to their current roles [5] Board Remuneration - The Nomination Board proposes that the remuneration for the Board remains unchanged: Chair at EUR 74,000, Deputy Chair at EUR 45,000, and other members at EUR 35,000 [8] - Additional fees for meetings will also remain unchanged, with EUR 500 for domestic meetings and EUR 1,000 for international meetings [9] Share Compensation - 75% of the annual fees will be paid in cash and 25% in shares, with shares transferred from the company's own holdings [10] Nomination Board Composition - The Nomination Board consists of members appointed by significant shareholders and is chaired by Jyrki Vainionpää [11][12] - All proposals from the Nomination Board were unanimous, except for the proposal regarding the Chair [12] Upcoming Meeting - The proposals will be included in the Notice of the Annual General Meeting scheduled for April 15, 2026 [13]