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Decisions taken by Orion Corporation's Annual General Meeting and Board of Directors' organising meeting on 24 March 2026
Globenewswire· 2026-03-24 14:30
Core Points - The Annual General Meeting (AGM) of Orion Corporation was held on 24 March 2026, where several key decisions were made regarding financial statements, dividends, board composition, and authorizations for share transactions [1][2][3]. Financial Statements - The AGM confirmed the Financial Statements for the parent company and the Group as of 31 December 2025 [2]. Dividend Declaration - A dividend of EUR 1.80 per share was approved, to be paid in two instalments: EUR 0.90 on 2 April 2026 and EUR 0.90 on 27 October 2026 [3][7]. Board of Directors - The Board of Directors was confirmed to consist of eight members, with Kari Jussi Aho, Ari Lehtoranta, Veli-Matti Mattila, Hilpi Rautelin, Henrik Stenqvist, and Karen Lykke Sørensen re-elected, and Minna Maasilta and Sophie Papa elected as new members. Veli-Matti Mattila was re-elected as Chairman [12][31]. Remuneration - The AGM adopted the Remuneration Report for 2025, with annual fees set for board members: EUR 120,000 for the Chairman, EUR 73,000 for the Vice Chairman, and EUR 60,000 for other members [5][6][9]. Auditor Appointment - KPMG Oy Ab was elected as the Company's auditor and Sustainability Reporting Assurance Provider, with remuneration based on invoicing approved by the Company [13]. Share Acquisition Authorization - The Board of Directors was authorized to acquire up to 500,000 Class B shares at market price, valid for 18 months [14][15][18]. Share Issue Authorization - The Board of Directors was authorized to issue up to 14,000,000 new Class B shares, representing less than 10% of all shares, valid until the next AGM [25][29].