Pohjola Pankki Oyj - Decisions of general meeting

Decisions by the Annual Cooperative Meeting of OP-Pohjola Group Central Cooperative

OP-Pohjola Group Central Cooperative
COMPANY RELEASE, Decisions by the Annual Cooperative Meeting
29 March 2011, 2.00 pm

Decisions by the Annual Cooperative Meeting of OP-Pohjola Group Central
Cooperative

The Annual Cooperative Meeting of OP-Pohjola Group Central Cooperative, Pohjola
Bank plc's parent company, held in Helsinki on 29 March 2011, adopted the
financial statements for 2010, discharged those accountable from liability and
made alterations to the Statues of OP-Pohjola Group Central Cooperative. It also
elected the persons listed below.

Alteration of Statutes

The Meeting altered the Statutes of OP-Pohjola Group Central Cooperative due
mainly to the Act on the Amalgamation of Deposit Banks in force since 1 July
2010.

Supervisory Board

The Meeting elected the following persons as representatives of the federations
of cooperative banks to the Supervisory Board for the term of 2011-2014:
Managing Director Vesa Lehikoinen, Managing Director Ari Kakkori, Principal
Seppo Laaninen, Senior Nursing Officer Marita Marttila and Professor, Vice-
Rector Jaakko Pehkonen. Timo Parmasuo, Board Chairman, was elected to the
Supervisory Board outside of the federations of cooperative banks. In addition,
the Meeting elected Managing Director Juha Pullinen for the term 2011-2012. The
Supervisory Board comprises 33 members.

Of the abovementioned persons, Lehikoinen, Kakkori, Laaninen and Pullinen were
not members of the Supervisory Board the term of which ended on 29 March 2011.

At its first meeting after the Annual Cooperative Meeting, the Supervisory Board
re-elected Paavo Haapakoski, liikuntaneuvos (Finnish honorary title), to act as
Chairman and Vice-Rector Jaakko Pehkonen, and Managing Director Vesa Lehikoinen,
to act as Vice Chairmen.

Auditor

The Annual Cooperative Meeting re-elected KPMG Oy Ab, a firm of authorised
public accountants, the auditor of OP-Pohjola Group Central Cooperative and OP-
Pohjola Group for the financial year 2011.

OP-Pohjola Group Central Cooperative

Carina Geber-Teir
Chief Communications Officer

DISTRIBUTION
NASDAQ OMX Helsinki
London Stock Exchange
Major media
op.fi, pohjola.fi

FOR FURTHER INFORMATION, PLEASE CONTACT
Carina Geber-Teir, Chief Communications Officer, tel. +358 (0)10 252 8394

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