Affecto Oyj - Company Announcement

Proposals of Affecto's Nomination Committee

Helsinki, 2014-01-23 12:30 CET (GLOBE NEWSWIRE) -- AFFECTO PLC  --  STOCK
EXCHANGE RELEASE  --  23 JANUARY 2014 at 13.30 

Proposals of Affecto's Nomination Committee

The Annual General Meeting in 2013 resolved to appoint a shareholders'
Nomination Committee to prepare proposals concerning members of the Board of
Directors and their remuneration for the following Annual General Meeting. The
three largest shareholders, Cantell Oy, Evli Suomi Pienyhtiöt Fund and Danske
Invest Suomen Pienyhtiöt Fund have appointed Aaro Cantell, chairman of
Affecto's Board of Directors, Janne Lassila, managing director of Evli Fund
Management Company, and Juha Varis, a senior portfolio manager in Danske Invest
Fund Management as members of the Nomination Committee. 

The Nomination Committee proposes for the Annual General Meeting, planned to be
held on 10 April 2014, that the number of board members would remain six and
the current board members would be re-elected for the next term: Aaro Cantell
(chairman), Jukka Ruuska (vice chairman), Magdalena Persson, Olof Sand, Tuija
Soanjärvi and Lars Wahlström. 

The Nomination Committee proposes that the amount of fees for the board members
would remain unchanged: EUR 1 800 monthly fee for the members, EUR 2 500 for
the Vice-Chairman and EUR 3 200 for the Chairman. A fee of EUR 250 shall be
paid for participation in committee meetings, save for meetings of the
Nomination Committee. The monthly fees shall be partially paid with Affecto
shares (40% shares, 60% cash). 



Affecto Plc
Hannu Nyman
Senior Vice President, M&A, IR

www.affecto.com




         Additional information:
         Aaro Cantell, Chairman of the board, tel. +358 400 706 072
         Hannu Nyman, SVP M&A, IR, tel +358 205 777 761