Kemira Oyj - Company Announcement

Kemira Oyj: Proposals of the Nomination Board to the Annual General Meeting 2012

Kemira Oyj
Stock exchange release
January 23, 2012 at 5.00 pm (CET+1)


The Nomination Board proposes to the Annual General Meeting of Kemira Oyj that
six members (previously seven) be elected to the Board of Directors and that the
present members Elizabeth Armstrong, Winnie Fok, Juha Laaksonen, Kerttu Tuomas
and Jukka Viinanen be re-elected as members of the Board of Directors and Jari
Paasikivi be elected as a new member of the Board of Directors. The Nomination
Board proposes that Jukka Viinanen will be elected as a new Chairman of the
Board of Directors and that Jari Paasikivi will be elected as a new Vice
Chairman. Currently Pekka Paasikivi is the Chairman of the Board of Directors
and Jukka Viinanen is the Vice Chairman.

Mr. Jari Paasikivi (b. 1954). M.Sc. (Econ.) is currently working as President
and CEO of Oras Invest Ltd. He is currently also the Chairman of the Board of
Tikkurila Oyj and Uponor Oyj and a Board member of Oras Oy.

The Nomination Board proposes to the Annual General Meeting that the
remuneration paid to the members of the Board of Directors will remain
unchanged. The fees would thus be as follows: the Chairman will receive EUR
74,000 per year, the Vice Chairman EUR 45,000 per year and the other members EUR
36,000 per year. A fee payable for each meeting of the Board and its committees
would be for the members residing in Finland EUR 600, the members residing in
rest of Europe EUR 1,200 and the members residing outside Europe EUR 2,400.
Travel expenses are proposed to be paid according to Kemira's travel policy.

In addition, the Nomination Board proposes to the Annual General Meeting that
the annual fee be paid as a combination of the company's shares and cash in such
a manner that 40% of the annual fee is paid with the company's shares owned by
the company or, if this is not possible, shares purchased from the market, and
60% is paid in cash. The shares will be transferred to the members of the Board
of Directors and, if necessary, acquired directly on behalf of the members of
the Board of Directors within two weeks from the release of Kemira's interim
report January 1 - March 31, 2012. The meeting fees are proposed to be paid in
cash.

The Nomination Board has consisted of the following representatives: Jari
Paasikivi, President and CEO of Oras Invest Oy as the Chairman of the Nomination
Board; Kari Järvinen, Managing Director of Solidium Oy; Risto Murto, Executive
Vice-President, Varma Mutual Pension Insurance Company and Timo Ritakallio,
Deputy CEO, Ilmarinen Mutual Pension Insurance Company as members of the
Nomination Board and Pekka Paasikivi, Chairman of Kemira's Board of Directors as
an expert member.

For more information, please contact

Jari Paasikivi, Chairman of the Kemira Nomination Board
Tel. +358 500 530 375

Kemira Oyj
Tero Huovinen, Director, Investor Relations
Tel. +358 10 862 1980




Kemira is a global two billion euro water chemistry company that is focused on
serving customers in water-intensive industries. The company offers water
quality and quantity management that improves customers' energy, water, and raw
material efficiency. Kemira's vision is to be a leading water chemistry company.

www.kemira.com
www.waterfootprintkemira.com

[HUG#1579479]

Attachments:

Link to the release (.pdf).pdf