Pohjola Pankki Oyj - Company Announcement

Proposals for members of Pohjola Bank plc's Board of Directors and auditors and their remuneration

Proposals for members of Pohjola Bank plc's Board of Directors and auditors and
their remuneration



OP-Pohjola Group Central Cooperative, which, as at 5 February 2014, held 61% of
the votes conferred by Pohjola Bank plc shares, has announced that it will
propose to Pohjola Bank plc's Annual General Meeting (AGM) of 20 March 2014 that
eight members be elected to the Company's Board of Directors. It proposes that
all existing members be re-elected: Mr Jukka Hienonen, President and CEO; Mr
Jukka Hulkkonen, Managing Director; Ms Mirkku Kullberg, Managing Director; Ms
Marjo Partio, Managing Director; Mr Harri Sailas, President and CEO; and Mr Tom
von Weymarn.



Pohjola Bank plc's Board of Directors includes, by virtue of law, Mr Reijo
Karhinen, Chairman of the Executive Board of OP-Pohjola Group Central
Cooperative and Executive Chairman and CEO of OP-Pohjola Group, as Chairman of
the Board of Directors; and, by virtue of the Articles of Association, Mr Tony
Vepsäläinen, Vice Chairman of the Executive Board of OP-Pohjola Group Central
Cooperative, Chief Business Development Officer, as Vice Chairman of the Board
of Directors.



OP-Pohjola Group Central Cooperative has also announced that it will propose to
the AGM that monthly Board emoluments be as follows: EUR 8,000 payable to the
Chairman, EUR 5,500 payable to the Vice Chairman and EUR 4,500 payable to other
Board members. An additional monthly emolument of EUR 1,000 is paid to such
Board committee chairs who are not the Chairman or Vice Chairman of the Board.
In addition, the proposed attendance allowance per meeting is EUR 550. An
attendance allowance also applies to the meetings of Board Committees. These
monthly Board emoluments are treated as pensionable salary, in accordance with
the proposal. The proposed emoluments equal those paid in 2013.



OP-Pohjola Group Central Cooperative has announced that it will propose that
KPMG Oy Ab, a firm of authorised public accountants, be re-elected the Company's
auditor. OP-Pohjola Group Central Cooperative proposes that auditor's
remuneration be based on a reasonable invoiced amount approved by the Company.



Pohjola Bank plc



Carina Geber-Teir

Chief Communications Officer



DISTRIBUTION

NASDAQ OMX Helsinki

London Stock Exchange

SIX Swiss Exchange

Major media

pohjola.com, op.fi



FOR MORE INFORMATION, PLEASE CONTACT:

Niina Pullinen, Senior Vice President, Investor Relations, tel. +358 (0)10
252 4494

Carina Geber-Teir, Chief Communications Officer, tel. +358 (0)10 252 8394





Pohjola is a Finnish financial services group which provides its customers with
banking, non-life insurance and asset management services. Our mission is to
promote the sustainable prosperity, security and well-being of our customers.
Profitable growth and an increase in company value form our key objectives.
Pohjola Group serves corporate customers in Finland and abroad by providing an
extensive range of financial, investment, cash- management and non-life
insurance services. We offer non-life insurance and private banking services to
private customers. Pohjola Series A shares have been listed on the Large Cap
List of the NASDAQ OMX Helsinki since 1989. The number of shareholders totals
around 32,000. Pohjola's consolidated earnings before tax came to 473 million
euros in 2013 and the balance sheet total amounted to 44 billion euros on 31
December 2013. Pohjola is part of OP-Pohjola Group, the leading financial
services group in Finland with 4.3 million customers.



www.pohjola.com




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