Company Overview - Suvic Oy has appointed Markku Taskinen as the new CEO, effective by September 22, 2025, succeeding Ville Vesanen [1] - Suvic specializes in renewable energy construction, with ongoing projects including wind farms, solar parks, and battery storage facilities [5] Management Changes - The planning for the future management team structure will commence immediately, with announcements expected by autumn [1] - The outgoing CEO, Ville Vesanen, will continue to contribute to the company's growth as a key member of the new management team [3] Industry Context - The renewable energy sector, particularly in Finland and the Nordic countries, is experiencing significant growth, necessitating enhanced management practices to handle large-scale projects [2] - Suvic's current projects include the 54-turbine Rajamäenkylä wind farm and a 100 MWp solar park in Eurajoki, among others [5] Leadership Insights - Markku Taskinen brings 15 years of experience in the construction project business and a Master of Science in Civil Engineering, which will support Suvic's strategic goals [1][4] - The new CEO expresses enthusiasm for contributing to the renewable energy sector and leveraging his expertise for the company's long-term success [4]

Group 1 - Dovre Group Plc is involved in renewable energy project development and construction, focusing on wind, solar, battery energy storage systems, and heat pump facilities in the Nordic countries through its subsidiaries Suvic Oy and Renetec Oy [5] - The company also offers project management software and related services through Proha Oy, and industrial virtual reality services via eSite [5] - In 2024, Dovre Group reported net sales of 99.3 million EUR and employs approximately 200 people [5] Group 2 - On May 7, 2025, Corporatum Oy, associated with board member Aaron Michelin, conducted multiple share acquisitions of Dovre Group Plc, totaling 54,597 shares at a volume-weighted average price of 0.21858 EUR [1] - Additional transactions on May 9, 2025, included acquisitions of 65,890 shares at a volume-weighted average price of 0.2201 EUR, along with smaller transactions on the same day [3]

Core Points - Dovre Group Plc's Annual General Meeting on April 29, 2025, adopted the financial statements for 2024 and discharged the Board of Directors and CEO from liability for the financial year ending December 31, 2024 [1] - The meeting decided on the composition and remuneration of the Board of Directors, elected the auditor, and authorized the Board to repurchase shares and issue new shares [2][9][11] Financial Decisions - No dividend will be paid for the financial year 2024 as per the Board's proposal [3] - The remuneration report for 2024 was approved by the Annual General Meeting [4] Board Composition and Remuneration - The Board of Directors will consist of three members: Svein Stavelin, Ilari Koskelo (re-elected), and Aaron Michelin (new member) [5] - The chairman will receive EUR 35,000, the vice chairman EUR 30,000, and other members EUR 25,000 annually, with reasonable travel expenses compensated [6] Auditor and Sustainability Reporting - BDO Oy was elected as the Company's auditor, with Henrik Juth as the principal auditor [7] - BDO Oy was also elected as the sustainability reporting assurer, with Henrik Juth as the principal sustainability reporting assurer [8] Share Repurchase and Issuance Authorization - The Board was authorized to repurchase up to 10,100,000 shares, approximately 9.5% of total shares, valid until June 30, 2026 [9] - The Board was authorized to issue up to 10,100,000 new shares or special rights, also approximately 9.5% of existing shares, valid until June 30, 2026 [11][13] Post-Meeting Decisions - Following the meeting, Svein Stavelin was elected Chairman and Ilari Koskelo Vice Chairman of the Board [14]

Group 1 - Dovre Group Plc completed the sale of its Project Personnel and Norwegian Consulting businesses to NYAB AB for a final purchase price of EUR 36.4 million, which is an increase from the preliminary price of EUR 35.3 million [2][3] - The transaction resulted in a profit of EUR 7.0 million from discontinued operations recorded in the first quarter of 2025 after deducting transaction-related costs [3] - The Extraordinary General Meeting held on 16 December 2024 approved the sale, which was finalized on 2 January 2025 [2] Group 2 - Dovre Group is involved in renewable energy project development and construction in the Nordic countries, focusing on wind, solar, battery energy storage systems, and heat pump facilities [3] - The company reported net sales of EUR 99.3 million in 2024 and employs approximately 200 people [3]