Raisio - Decisions of general meeting

Raisio's Annual General Meeting 24 March 2011

Raisio plc, Stock Exchange Release, 24 March 2011

RAISIO'S ANNUAL GENERAL MEETING 24 MARCH 2011

Raisio plc's Annual General Meeting (AGM) approved the financial statements for
the financial year 1 January - 31 December 2010 and granted the members of the
Board of Directors and the Supervisory Board as well as the Chief Executive
discharge from liability. The AGM decided to pay a dividend of EUR 0.10 per
share. The Board of Directors' proposals to the AGM were approved without
changes. The proposal of Osakesäästäjien Keskusliitto ry for abolition of the
Supervisory Board and for amending the respective parts of the Articles of
Association was rejected. 

A total of 2,784 shareholders were personally present or represented by a proxy
at the AGM held in Turku, representing 43.2 million shares, i.e. 26.2% of the
total share capital. 

DIVIDEND PAYMENT

The AGM approved the Board of Directors' proposal to pay a dividend of EUR 0.10
for each restricted and free share. The dividend will be paid on 5 April 2011
to each shareholder who is entered in the shareholders' register on the record
date of 29 March 2011. The dividend will not be paid on the shares held by the
company. 

AMENDMENTS TO THE ARTICLES OF ASSOCIATION

The AGM approved the Board of Directors' proposal for amending the section 9.3
of the Articles of Association to read as follows: “In the General Meeting, no
shareholder's shares are entitled to vote with more votes than one tenth of the
total number of votes of the shares represented at the Meeting.” This was the
second handling of the proposal for amendment of the Articles of Association. 

Furthermore, the AGM approved the Board of Directors' proposal to delete the
section 17.3, which means that from now on the term of an auditor and a deputy
auditor will start at the closing of the General Meeting in which they were
elected and end at the closing of the next Annual General Meeting. 

The amendments of the Articles of Association will take effect after they have
been entered in the Trade Register. 

AUTHORISATION TO REPURCHASE OWN SHARES AND TO ISSUE SHARES

The AGM authorised the Board of Directors to decide on the repurchase of a
maximum of 6,000,000 free shares and 1,500,000 restricted shares. The
authorisation will be valid until 24 September 2012. 

Furthermore, the AGM authorised the Board of Directors to decide on the share
issues (1) by disposing of all of the company shares and any potentially
repurchased own shares, a maximum total of 11,651,183 shares, 1,701,295 of
which can be restricted shares at the maximum, and (2) by issuing a maximum of
20,000,000 new free shares against payment. The share issue authorisations will
be valid until 24 March 2016 at the latest. 

The details of the authorisations are available in the stock exchange release
published on 10 February 2011. 

The authorisations to repurchase own shares and to issue shares given by the
AGM in 2010 expire on 24 March 2011. 

NOMINATIONS

The number of members of the Board of Directors was confirmed to be six, and
Anssi Aapola, Erkki Haavisto, Simo Palokangas, Michael Ramm-Schmidt and Pirkko
Rantanen-Kervinen were reappointed and Matti Perkonoja was appointed as a new
member for the term commencing after the now closed AGM. At its meeting held
after the AGM, the Board of Directors elected Palokangas as its Chairman and
Ramm-Schmidt as its Vice Chairman. 

The Chairman of the Board will be paid a monthly fee of EUR 5,000 and the
members a monthly fee of EUR 2,000. Approximately 20% of the fee will be paid
with the company's own shares and approximately 80% in cash. The fees are paid
in two equal instalments during the term so that the first payment will be made
on 15 June and the second on the 15 December. Moreover, they will receive a
daily allowance for the meeting days and they will be reimbursed for travel
expenses according to the company's travelling rules. 

The number of members of the Supervisory Board was confirmed to be 25. Vesa
Harjunmaa, Michael Hornborg, Timo Könttä, Paavo Myllymäki, Kari Niemistö, Yrjö
Ojaniemi and Hannu Tarkkonen were elected as the members of the Supervisory
Board for the term commencing after the now closed AGM and ending at the Annual
General Meeting of 2014. Two of the elected members, Harjunmaa and Könttä, are
new in the Supervisory Board. 

The annual remuneration payable to the Chairman of the Supervisory Board will
be EUR 12.000 and the members will receive a payment of EUR 300 for each
meeting, in addition to which their travel expenses will be compensated and
they will receive a daily allowance for the meeting days according to the
company's travelling rules. The Meeting also decided to pay the Chairman of the
Supervisory Board a fee of EUR 300 for each attended Board Meeting. 

Authorised public accountant Kalle Laaksonen, who was elected as a deputy
auditor at the AGM of spring 2010, was now elected as a regular auditor for the
financial year 2011 and he replaces Mika Kaarisalo then elected as a regular
auditor. Authorised public accountant Vesa Halme replaces Kalle Laaksonen as a
deputy auditor. Furthermore, authorised public accountant Johan Kronberg is the
other regular auditor and PricewaterhouseCoopers Ltd is the other deputy
auditor in the financial year 2011. 

Authorised public accountants Johan Kronberg and Kalle Laaksonen were elected
as regular auditors for the financial year 2012. Authorised public accountants
PricewaterhouseCoopers Ltd and Vesa Halme were elected as deputy auditors. 

RAISIO PLC

Heidi Hirvonen
Communications Manager
tel. + 358 50 567 3060



Further information:
Janne Martti, Director, Finance and Treasury, tel. +358 50 556 6521







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NASDAQ OMX Helsinki Ltd
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