Innofactor Oyj - Notice to general meeting

Notice of the Annual General Meeting of Innofactor Plc

Innofactor Plc Stock Exchange Release February 25, 2014, at 08:35 Finnish time



The shareholders of Innofactor Plc are invited to the Annual General Meeting to
be held on Thursday, March 20, 2014, at 9:00 AM at Innofactor Plc's office,
Keilaranta 9, Espoo (please note new address). The reception of persons who
have registered for the meeting and distribution of voting slips will commence
at 8:30 AM at the meeting location. 

A. Matters on the agenda of the General Meeting

1. Opening of the meeting

2. Calling the meeting to order

3. Electing persons to scrutinize the minutes and to supervise the counting of
votes 

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

6. Presenting the annual accounts, the report of the Board of Directors and the
auditor's report for the year 2013 

Presenting the CEO's report

7. Adopting the annual accounts

8. Deciding on the use of the profit shown on the balance sheet and the payment
of dividend 

The Board of Directors proposes that Innofactor Plc should not pay any dividend
for the financial period of January 1 to December 31, 2013. 

9. Deciding on the discharge of the members of the Board of Directors and the
CEO from liability 

10. Deciding on the remuneration of the members of the Board of Directors

The Board of Directors proposes that the Chairman of the Board of Directors be
paid a fee totaling EUR 36,000 per year and the other members of the Board of
Directors be paid a fee totaling EUR 24,000 per year. No separate fees for
meetings shall be paid. Half of the fee (50%) shall be paid monthly in cash and
the other half (50%) as shares of Innofactor Plc. The shares shall be handed
over to the members of the Board of Directors and, if necessary, shall be
acquired from public trading directly on behalf of the members within two weeks
of publishing the interim report of Innofactor Plc for January 1 to March 31,
2014. Innofactor Plc requires the members of the Board of Directors to keep the
shares, which they have received as part of the fees, for the duration of their
membership in the Board of Directors. 

11. Deciding on the number of members of the Board of Directors

The Board of Directors proposes that the number of the members of the Board of
Directors be confirmed to six (6). 

12. Selecting the members of the Board of Directors

The Board of Directors proposes that of the current members of the Board of
Directors—Mr. Sami Ensio, Mr. Jukka Mäkinen, Mr. Pyry Lautsuo and Mr. Ilari
Nurmi—be re-elected and that Ms. Tiia Tuovinen and Dr. J.T. Bergqvist be
elected as new members. 

13. Deciding on the auditor's fee

The Board of Directors proposes that the auditor's fee be paid according to a
reasonable invoice. 

14. Selecting the auditor

The Board of Directors proposes that Ernst & Young Oy, Authorised Public
Accounting Firm, be selected as the auditor. Ernst & Young Oy has stated that
it will appoint Juha Hilmola, Authorized Public Accountant, as the auditor with
principal responsibility. 

15. Closing the meeting

B. Documents of the General Meeting

This notice to the meeting is available on Innofactor Plc's web site at
www.innofactor.com. Innofactor Plc's annual accounts, the report of the Board
of Directors and auditing report will be available on the said web site on
February 27, 2014, at the latest. The above mentioned documents will also be
available at the General Meeting. The minutes of the General Meeting will be
available on the said web site within two weeks of the meeting. 

C. Instructions for the participants of the General Meeting

1. Shareholder registered in the shareholders' register

Each shareholder, who is registered in the shareholders' register of the
company, held by Euroclear Finland Ltd., by Monday March 10, 2014, has the
right to attend the General Meeting. A shareholder, whose shares are registered
on his/her personal Finnish book-entry account, is registered in the
shareholders' register of the company. A shareholder, who is registered in the
shareholders' register of the company and who wants to attend the General
Meeting, shall register for the meeting no later than on Monday, March 17,
2014, at 10:00 AM at which time the registration must have been received. 

Registration to the General Meeting can be done:

a) by email: yhtiokokous@innofactor.fi

b) by telephone: +358 50 575 6120 (CEO's assistant Tuija Österberg),
Monday-Friday at 10 AM-4 PM 

c) by fax: +358 10 272 9001 or

d) by mail: Innofactor Plc, General Meeting, Keilaranta 9, 02150 Espoo, Finland.

In connection with the registration, a shareholder shall state his/her name,
personal identification number/company number, address, telephone number, and
the name of a possible representative, assistant or proxy representative and
the personal identification number of the representative or proxy
representative. 

The personal information given to Innofactor Plc is used only in connection
with the General Meeting and the processing of the necessary registrations
related to it. 

At the location of the meeting, the shareholder or his/her representative or
proxy representative shall be able to present proof of identity and/or right to
represent, if necessary. 

2. Holders of nominee registered shares

Holder of nominee registered shares shall have the right to attend the General
Meeting on the basis of those shares, which would give him/her the right to be
registered in the shareholders' register, maintained by Euroclear Finland Ltd.,
on March 10, 2014. Attending the meeting also requires that these shareholder's
shares are temporarily registered in the shareholders' register, maintained by
Euroclear Finland Ltd., on March 17, 2014, at 10:00 AM at the latest. For
nominee registered shares, this is considered as registration for the General
Meeting. 

A holder of nominee registered shares is advised to request without delay the
necessary instructions regarding the temporary registration in the
shareholders' register of the company, the issuing of proxy documents and the
registration for the General Meeting from his/her custodian bank. The account
manager of the custodian bank shall register a holder of nominee registered
shares, who wants to attend the General Meeting, to be temporarily entered into
the shareholders' register of the company at the latest on the date and time
specified above. Additional information on the subject is available on the
company's web site at www.innofactor.com. 

3. Proxy representatives and powers of attorney

A shareholder may attend the General Meeting and exercise his/her rights at the
meeting by way of proxy representation. A proxy representative shall produce a
dated proxy document or otherwise in a reliable manner demonstrate his/her
right to represent the shareholder at the General Meeting. When a shareholder
attends the General Meeting by means of several proxy representatives
representing the shareholder with shares on different securities accounts, the
shares by which each proxy representative represents the shareholder shall be
identified in connection with the registration for the General Meeting. 

Possible proxy documents should be delivered in originals to "Innofactor Plc,
General Meeting, Keilaranta 9, 02150 Espoo, Finland" before the end of the
registration period. 

4. Other instructions and information

Pursuant to Chapter 5, Section 25 of the Finnish Companies Act, a shareholder
who is present at the General Meeting has the right to request information with
respect to the matters to be considered at the meeting. 

On the date of this notice of the meeting, February 25, 2014, Innofactor Plc
has a total of 32,153,737 shares of one type and representing an equal amount
of votes. 

We welcome the shareholders to the Annual General Meeting.

Espoo, February 25, 2014

INNOFACTOR PLC

Board of Directors



Additional information:

Sami Ensio, CEO

Innofactor Plc

Tel. +358 50 584 2029



Distribution:

NASDAQ OMX Helsinki

Principal media

www.innofactor.com



Innofactor is one of the leading Nordic IT solution providers focused on
Microsoft platforms. Innofactor delivers business critical solutions and
maintenance services as a system integrator and develops its own software
products and services. Innofactor's own product development is focused on
Microsoft's Windows Azure based cloud solutions. Innofactor's customers include
over 1,000 private and public sector organizations in Finland, Denmark, Sweden
and elsewhere in Europe. The company has over 400 motivated and skilled
employees in a number of locations in Finland, Denmark, Sweden and Russia. From
2009 to 2013, Innofactor's annual net sales growth has been 43 percent on
average. Leading Finnish business media Kauppalehti selected Innofactor as the
most successful company on the Finnish stock exchange in 2013. The Innofactor
Plc share is listed in the technology section of the main list of NASDAQ OMX
Helsinki Oy.