Finnair Oyj - Other information disclosed according to the rules of the Exchange

Proposal of the Shareholders' Nomination Board on the composition and remuneration of the Board of Directors of Finnair Plc

Finnair Plc         Stock Exchange Release           25 January 2017 at 3:15 pm
EET

The Shareholders' Nomination Board proposes to Finnair Plc's Annual General
Meeting (AGM) to be held on 16 March 2017 that the number of members of the
Board of Directors would be confirmed as seven.

Proposal on the composition of Board of Directors

The Shareholders' Nomination Board proposes that Maija-Liisa Friman, Jouko
Karvinen, Jussi Itävuori and Jaana Tuominen be re-elected as members of the
Board of Directors, and that Colm Barrington, Mengmeng Du and Jonas Mårtensson
be elected as new members to the Board of Directors. All candidates have given
their consent to the position, and all are independent of the company and its
significant owners. The current members leaving the Board of Directors, Klaus
Heinemann, Gunvor Kronman and Nigel Turner, have informed the nomination board
that they will not be available in the election of the Board of Directors in the
next Annual General Meeting

Colm Barrington (b. 1946, MA (Econ), Irish citizen) has been the CEO of FLY
Leasing Ltd, a NYSE listed aircraft leasing company, since 2007. Mr Barrington
has over 40 years of management experience in the aviation industry including
with the former Irish flag carrier Aer Lingus plc and with the aircraft leasing
companies GPA Group plc, GE Capital Aviation Services and BBAM LLC. Mr
Barrington recently retired as the Chairman of the Board of Directors of Aer
Lingus plc, following the sale of Aer Lingus to International Airlines
Consolidated Group. Mr Barrington is a non executive member of the Board of
Directors of IFG Group plc and of Hibernia REIT plc.

Mengmeng Du (b. 1980, MSc (Econ), MSc (Computer Science), Swedish citizen) has
held management positions in several digital startups since 2008, including COO
at Acast, a podcast platform, various Director-level roles within Operations,
Marketing and International Growth at Spotify, and VP Product Development at
Stardoll. Currently, Mrs Du is a co-founder of GetGeek, an IT support startup,
and a digital advisor through her firm Mimion. She is a member of the Board of
Directors of Skandia and Netonnet Group and a member of the Swedish National
Innovation Council.

Jonas Mårtensson (b. 1977, MSc Business Admin (Business Development), MSc
Business Admin (Entrepreneurship), Swedish citizen) is CEO of Mojang, a
videogame development company, since 2014 and was its Vice President between
2013 and 2014. Previously, Mr Mårtensson held various management positions at
Betsson, an online betting and gaming company, and managed startups in
entertainment, social networking and finance. Mr Mårtensson was one of the
founders of Happy Socks.

The biographical details of all proposed board members can be found at the
Finnair website.

The Nomination Board further proposes that Mr Jouko Karvinen be elected as
Chairman of the Board. He has been a member and Vice Chairman of the Board since
2016.

Proposal on Board of Directors’ remuneration

The Nomination Board proposes to the AGM that the annual remunerations of the
members of the Board of Directors would remain unchanged and be the following:

- Chairperson 61,200 euros

- Vice Chairperson 32,400 euros

- Chairpersons of the Audit Committee and Compensation and Nomination Committee
32,400 euros, where these individuals are neither the Chairperson nor the Vice
Chairperson of the Board

- Other members 30,000 euros per year

The Nomination Board proposes to the AGM that each member’s fee for a meeting of
the Board of Directors or its Committee would be 600 euros when the meeting
takes place in the member’s country of residence and 2,400 euros for other
meetings. For telephone meetings, the fee would be 600 euros.

The members would be entitled to reimbursement of reasonable travel and
representation expenses in accordance with the company’s general expenses
policy.

The members and their spouses would be entitled to discounted travel on the
company’s flights in accordance with the company’s discount ticket policy
regarding the Board of Directors.

The Nomination Board

The Shareholders' Nomination Board consists of the representatives of the three
largest shareholders of Finnair as at 1 September 2016, namely Eero Heliövaara,
Director General of the Government Ownership Steering Department, Prime
Minister's Office (Chairman); Robin Backman, Portfolio Manager, KEVA; and Reima
Rytsölä, EVP Investments, Varma. In addition, the Shareholders' Nomination Board
includes Klaus Heinemann, Chairman of Finnair's Board of Directors.

The above proposals will be included in the forthcoming invitation to the AGM.

For further information, please contact:

Eero Heliövaara, Director General of the Government Ownership Steering
Department, Prime Minister's Office, tel. +358 029 5160 150.

Finnair Plc
Communications
Distribution:
Nasdaq Helsinki
Principal media
Finnair is a network airline specialising in passenger and cargo traffic between
Asia and Europe. Helsinki’s geographical location gives Finnair a competitive
advantage, since the fastest connections between many European destinations and
Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a
unique Nordic experience, and its mission is to offer the smoothest, fastest
connections in the northern hemisphere via Helsinki and the best network to the
world from its home markets. Finnair is the only Nordic carrier with a 4-star
Skytrax ranking and a member of the oneworld alliance. In 2015, Finnair’s
revenues amounted to EUR 2,255 million and it had a personnel of 4,800 at the
year-end. Finnair Plc’s shares are quoted on Nasdaq Helsinki.