Elisa - Company Announcement

The Shareholders’ Nomination Board’s proposal on the composition and remuneration of the Board of Directors

ELISA CORPORATION STOCK EXCHANGE RELEASE 18 JANUARY 2016 AT 3:30 PM

The Shareholders’ Nomination Board of Elisa Corporation proposes to the Annual
General Meeting of 31 March 2016 that the number of members of the Board of
Directors to be seven (7). The Nomination Board proposes that Mr Raimo Lind, Mr
Petteri Koponen, Ms Leena Niemistö, Ms Seija Turunen, Mr Jaakko Uotila and Mr
Mika Vehviläinen be re-elected as members of the Board. The Nomination Board
proposes further that Ms Clarisse Berggårdh is elected as a new member of the
board. 

All the proposed Board Members are considered to be independent of the company
and of its significant shareholders. 

The Nomination Board proposes that remuneration for the members of the Board of
Directors remains unchanged. The proposal does not include share transfer
restrictions, but the Nomination Board requires that members of the Board hold
shares in the company. 

More information on the Shareholders’ Nomination Board’s proposal on the
composition of the Board of Directors and its full proposal on the remuneration
are available on Elisa Corporation’s website at www.elisa.com/agm. The
Nomination Board’s proposals will be included in the invitation to the Annual
General Meeting. 

The Shareholders’ Nomination Board of Elisa Corporation is chaired by Mr Kari
Järvinen (appointed by Solidium Oy). The members of the committee are Mr Reima
Rytsölä (Varma Mutual Pension Insurance Company), Mr Timo Ritakallio (Ilmarinen
Mutual Pension Insurance Company), Mr Ted Roberts (Nordea Funds Oy) and Mr
Raimo Lind (Chairman of the Board of Directors of Elisa Corporation). 

ELISA CORPORATION

Vesa Sahivirta
IR Director
tel. +358 10 262 3036

Additional information:

Kari Järvinen
Chair of the Shareholders’ Nomination Board
tel. +358 40 548 3995

Distribution:

Nasdaq Helsinki
Principal media
www.elisa.com