Qt Group Oyj - Notice to general meeting

NOTICE TO THE ANNUAL GENERAL MEETING OF QT GROUP PLC

QT GROUP PLC
STOCK EXCHANGE RELEASE
FEBRUARY 16, 2017
Notice is given to the shareholders of Qt Group Plc (“company”) to the Annual
General Meeting to be held on Tuesday, March 14, 2017, starting at 10.00 a.m. at
Kansallissali, address Aleksanterinkatu 44 A, 2nd floor, 00100 Helsinki,
Finland. The reception of persons who have registered for the meeting and
distribution of voting tickets will commence at 9:00 a.m.

A. MATTERS ON THE AGENDA OF THE ANNUAL GENERAL MEETING

At the Annual General Meeting the following matters will be considered:

1. Opening of the meeting

2. Calling the meeting to order

3. Election of persons to confirm the minutes and to supervise the counting of
votes

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

6. Presentation of the annual accounts, the report of the Board of Directors and
the auditor's report for 2016

-   Review by the CEO

7. Adoption of the annual accounts

8. Resolution on the use of the profit shown on the balance sheet and the
payment of dividend

The Board proposes to the Annual General Meeting that based on the balance sheet
to be adopted for the accounting period ended December 31, 2016 no dividend will
be paid.

9. Resolution on the discharge of the Members of the Board of Directors and the
Managing Director from liability

10. Resolution on the remuneration of the Members of the Board of Directors

The Board’s Compensation and Nomination Committee proposes to the Annual General
Meeting that that the monthly remuneration payable to the Board Members to be
elected for the term until the close of Annual General Meeting 2018 shall be EUR
2,500, to the Vice Chairman of the Board EUR 3,500 and EUR 5,500 to the Chairman
of the Board. In addition, Chairman of each Board Committee will receive a
meeting fee of EUR 1,000 for every Committee meeting and in all other respects
all Board Members will receive a meeting fee of EUR 500 for every meeting of the
Board and Board Committee. In addition to the above mentioned fees the ordinary
and reasonable expenses of Board member will be remunerated according to the
invoice.

11. Resolution on the number of Members of the Board of Directors

The Board’s Nomination Committee proposes to the Annual General Meeting that the
number of Board members will be five.

The major shareholders, representing 43.5 % of the voting rights of the shares
in the company, have notified the company that they will support the above
mentioned proposal.

12. Election of Members of the Board of Directors

The Board’s Nomination Committee proposes to the Annual General Meeting that the
current Members of the Board, namely Robert Ingman, Matti Rossi, Leena Saarinen,
Tommi Uhari and Kai Öistämö, who have agreed to accept the positions in
question, will be appointed to the company’s Board of Directors until the end of
the next AGM in spring 2018.

Profiles of the proposed members are available at company’s website at
(https://investors.qt.io/fi/governance/board-of-directors).

The major shareholders, representing 43.5 % of the company’s shares and votes,
have notified the company that they will support the above mentioned proposal.

13. Resolution on the remuneration of the auditor

The Board’s Audit Committee proposes to the Annual General Meeting that
company’s auditor will be reimbursed according to the auditor’s reasonable
invoice.

14. Authorizing of the Board of Directors to decide on the repurchase and/or
distress of the company’s own shares

The Board proposes that the Annual General Meeting authorize the Board to decide
on the repurchase and/or distress of a maximum of 2,000,000 of company's own
shares by using funds in the unrestricted equity. The Board shall decide on how
the shares will be repurchased. The shares may be repurchased in another
proportion than that of the shares held by the current shareholders. The
authorization also includes the acquisition of shares through public trading
organized by NASDAQ OMX Helsinki Oy in accordance with its and Euroclear Finland
Ltd’s rules and instructions, or through offers made to shareholders. The shares
may be repurchased in order to improve the capital structure of the company,
finance or carry out acquisitions or other arrangements, to carry out company’s
share-based incentive schemes, or to be transferred for other purposes, or to be
cancelled. The shares shall be repurchased for a price based on the fair value
quoted in public trading. The authorization shall be valid for 18 months from
the issue date of the authorization, i.e. until September 14, 2018 and it
replaces any earlier authorizations on repurchase and/or distress of company's
own shares.

15. Authorizing the Board of Directors to decide on a rights issue

The Board proposes that the Annual General Meeting authorize the Board to decide
on issuance of a total maximum of 4,500,000 new shares or treasury shares in one
or several share issues subject to a fee and pursuant to the pre-emptive
subscription rights of the shareholders.

The authorization shall be valid until December 31, 2017 and it shall not
replace any earlier authorizations on share issue and granting of special
rights.

The authorization includes the Board of Directors' right to decide on all terms
relating to the share issue(s).

The major shareholders, representing 48.2 % of the company’s shares and votes,
have notified the company that they will support the above mentioned proposal.

16. Authorizing the Board of Directors to decide on a share issue and granting
of special rights entitling to shares

The Board proposes that the Annual General Meeting authorize the Board to decide
on share issue and granting of special rights prescribed in Chapter 10 Section 1
of the Companies Act, subject to or free of charge, in one or several
installments on the following terms: The maximum total number of shares to be
issued by the virtue of authorization is 2,000,000. The authorization concerns
both the issuance of new shares as well as the transfer of treasury shares. By
virtue of the authorization, the Board of Directors is entitled to decide on
share issues and granting of special rights waiving the pre-emptive subscription
rights of the shareholders (directed issue). The authorization may be used in
order to finance or carry out acquisitions or other arrangements, to carry out
company’s share-based incentive schemes and to improve the capital structure of
the company, or to be used for other purposes decided by the Board of Directors.
The authorization includes the Board of Directors' right to decide on all terms
relating to the share issue and granting of special rights, including
subscription price, its payment and its entry into the company's balance sheet.
The authorization shall be valid for 18 months from the issue date of the
authorization, i.e. until September 14, 2018 it shall not replace any earlier
authorizations on share issue and granting of special rights.

17. Closing of the meeting

B. DOCUMENTS OF THE ANNUAL GENERAL MEETING

The proposals of the Board of Directors and its committees relating to the
agenda of the General Meeting as well as this summons are available on Qt Group
Plc’s website at www.qt.io/investors. Qt Group Plc’s annual accounts, report of
the Board of Directors and the auditor’s report are available on the above
-mentioned website, no later than February 16, 2017. The proposals and the above
-mentioned documents are also available at the meeting. Copies of these
documents and of this summons will be sent to shareholders upon request.

The minutes of the meeting will be available on the above-mentioned website as
from March 28, 2017.

C. INSTRUCTIONS FOR THE PARTICIPANTS IN THE GENERAL MEETING

1. The right to participate and registration

Each shareholder, who is registered on Thursday, March 2, 2017 in the
shareholders’ register of the company held by Euroclear Finland Ltd, has the
right to participate in the General Meeting. A shareholder, whose shares are
registered on his/her personal Finnish book-entry account, is automatically
registered in the shareholders’ register of the company.

A shareholder, who is registered in the shareholders’ register of the company
and wants to participate in the General Meeting, shall register to the company
for the meeting no later than March 9, 2017 by 10:00 a.m. by giving a prior
notice of participation. Notice shall arrive before the end of the said
registration period. Notice can be given:

a) at Qt Group Plc’s website, address https://investors.qt.io

b) by telephone to +358 9 8861 8040,

c) by e-mail Kristian.orispaa@qt.io, or

d) by regular mail to Qt Group Plc/Legal, Bertel Jungin aukio D3A, FI-02600
Espoo, Finland.

In connection with the registration, a shareholder shall notify his/her name,
social security number, address and telephone number and the name and social
security number of a possible assistant or proxy representative. The personal
data given to Qt Group Plc is used only in connection with the General Meeting
and with the processing of related registrations. The shareholder, his/her
authorized representative or proxy representative shall, where necessary, be
able to prove his/her identity and/or right of representation at the meeting.

2. Holders of nominee registered shares

A holder of nominee registered shares has the right to participate in the
General Meeting by virtue of such shares, based on which he/she on the record
date of the General Meeting, i.e. on March 2, 2017, would be entitled to be
registered in the shareholders’ register of the company held by Euroclear
Finland Ltd. The right to participate in the General Meeting requires, in
addition, that the shareholder on the basis of such shares has been registered
into the temporary shareholders’ register held by Euroclear Finland Ltd at the
latest by March 9, 2017 by 10:00 a.m. As regards nominee registered shares this
constitutes due registration for the General Meeting.

A holder of nominee registered shares is advised to request without delay
necessary instructions regarding the registration in the temporary shareholder’s
register of the company, the issuing of proxy documents and registration for the
General Meeting from his/her custodian bank. The account management organization
of the custodian bank has to register a holder of nominee registered shares, who
wants to participate in the General Meeting, into the temporary shareholders’
register of the company at the latest by the time stated above.

Further information on these matters can also be found on the company’s website
www.qt.io.

3. Proxy representative and powers of attorney

A shareholder may participate in the General Meeting and exercise his/her rights
at the meeting also by way of proxy representation.

A proxy representative shall produce a dated proxy document or otherwise in a
reliable manner demonstrate his/her right to represent the shareholder at the
General Meeting. When a shareholder participates in the General Meeting by means
of several proxy representatives representing the shareholder with shares at
different securities accounts, the shares by which each proxy representative
represents the shareholder shall be identified in connection with the
registration for the General Meeting.

Possible proxy documents should be delivered in originals to the address above
before the last date for registration.

4. Other instructions and information

Pursuant to Chapter 5, Section 25 of the Companies Act, a shareholder who is
present at the General Meeting has the right to request information with respect
to the matters to be considered at the meeting.

On the date of this Notice to the General Meeting February 16, 2017, the total
number of shares and votes in Qt Group Plc is 20,818,273.

Espoo, February 16, 2017

QT GROUP PLC

Board of Directors

For further information:

President and CEO Juha Varelius,

Phone: +358 9 8861 8040

Distribution:

NASDAQ OMX Helsinki

Key media

www.qt.io