Pohjola Pankki Oyj - Decisions of general meeting

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

OP-Pohjola Group Central Cooperative
Stock exchange release
20 March 2014, 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 20 March 2014, adopted the
financial statements for 2013, discharged those accountable from liability and
elected the persons shown below.

Supervisory Board

As proposed by OP-Pohjola Group's Nomination Committee, the Meeting elected the
following persons to the Supervisory Board for a three-year term ending in 2017:

The Meeting re-elected the following Supervisory Board members, who were due to
resign: Managing Director Vesa Lehikoinen (Etelä-Suomen OP-liitto), Professor
Jaakko Pehkonen (Keski-Suomen OP-liitto), Managing Director Ari Kakkori
(Pirkanmaan OP-liitto), Principal Seppo Laaninen (Pohjois-Karjalan OP-liitto)
and, outside of the federations of cooperative banks, Timo Parmasuo,
teollisuusneuvos (Finnish honorary title).

Development Secretary Raita Joutsensaari was elected to the Supervisory Board
for the remaining term of 2014-15 to replace Professor Paavo Pelkonen (Pohjois-
Karjalan OP-liitto) who resigns due to the upper age limit set for Supervisory
Board members.

Managing Director Ari Väänänen (Pohjois-Savon OP-liitto) was elected for the
remaining term of 2014-15 to replace Managing Director Seppo Pääkkö who had
requested resignation from the Supervisory Board.

As proposed by the Nomination Committee, the Meeting confirmed the number of
Supervisory Board members at 33.

At its first meeting after the Annual Cooperative Meeting, the Supervisory Board
elected Professor Jaakko Pehkonen to act as Chairman and Senior Lecturer Mervi
Väisänen and Managing Director Vesa Lehikoinen to act as Vice Chairmen.

Auditor

The Meeting re-elected KPMG Oy Ab, a firm of authorised public accountants based
in Helsinki, to act as OP-Pohjola Group Central Cooperative's auditor for the
financial year 2014, in accordance with prior written consent.


OP-Pohjola Group Central Cooperative

Carina Geber-Teir
Chief Communications Officer

DISTRIBUTION
NASDAQ OMX Helsinki
LSE London Stock Exchange
SIX Swiss Exchange
Major media
op.fi, pohjola.com

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


OP-Pohjola Group is Finland's leading financial services group providing a
unique range of banking, investment and insurance services. The Group's mission
is to promote the prosperity, well-being and security of its owner-members,
customers and operating regions through its local presence. Its objective is to
offer the best and most versatile package of loyal customer benefits on the
market. OP-Pohjola Group consists of some 180 member cooperative banks and the
Group's central institution, OP-Pohjola Group Central Cooperative, with its
subsidiaries and closely-related companies, the largest of which is the listed
company Pohjola Bank plc. The Group has a staff of 12,000. OP-Pohjola Group
posted earnings before tax of EUR 705 million in 2013 and had total assets of
EUR 101 billion on 31 December 2013. The Group has 4.3 million customers.

www.op.fi





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