Componenta - Decisions of general meeting

Resolutions by the Annual General Meeting of Componenta

Componenta Corporation     Stock Exchange Release  10.3.2010 at 14.45

The Annual General Meeting of Componenta Corporation, held on 10 March 2010,
approved the financial statements for the financial year 1 January - 31
December 2009, as well as discharged the members of the Board of Directors and
the President and CEO from liability. In accordance with the proposal of the
Board of Directors, the General Meeting resolved that no dividend shall be
distributed for the financial year 1 January - 31 December 2009. 

The General Meeting elected Heikki Bergholm, Pii Kotilainen, Heikki Lehtonen,
Juhani Mäkinen, Marjo Miettinen and Matti Tikkakoski as members of the Board of
Directors. In its organization meeting held after the General Meeting, the
Board of Directors elected Heikki Bergholm as Chairman of the Board and Juhani
Mäkinen as Vice Chairman of the Board. The General Meeting resolved that for
the financial year 1 January - 31 December 2010 the remuneration payable to the
Chairman of the Board shall be 50,000 euro, the remuneration payable to other
members of the Board of Directors shall be 25,000 euro and the travel expenses
shall be compensated in accordance with the company's travel policy. The
General Meeting elected Authorised Public Accounting firm, Oy Audicon Ab, as
the company's auditor. 

The General Meeting accepted the proposal of the Board of Directors to amend
the Articles of Association. 

The General Meeting resolved to authorize the Board of Directors, in accordance
with its proposal, to resolve on the repurchase of a maximum of 1,700,000 own
shares, in one or several instalments, using the unrestricted shareholders'
equity of the company. The shares shall be repurchased otherwise than in
proportion to the holdings of the shareholders through public trading organised
by NASDAQ OMX Helsinki Ltd at market price prevailing at the moment of
repurchase. The authorisation is in force for a period of 18 months from the
resolution by the General Meeting. The authorisation cancels the authorisation
to resolve on the repurchase of own shares given to the Board of Directors by
the Annual General Meeting on 23 February 2009. 

Helsinki, 10 March 2010 

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO


Further information:

Heikki Lehtonen		
President and CEO		
tel. +358 10 403 00	

Mika Hassinen
CFO
tel. +358 10 403 00
Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 300 million in 2009. The Group employs approx.
3,700 people. Componenta's shares are quoted on the NASDAQ OMX Helsinki.
Componenta specializes in supplying cast and machined components and total
solutions made of them to its global customers who are manufacturers of
vehicles, machines and equipment. 
Componenta  Corporation 
Panuntie 4
FI-00610 Helsinki, Finland
Tel. +358 10 403 00
Fax +358 10 403 2721
www.componenta.com

Attachments:

release_10032010_agm_resolutions.pdf