Finnair Oyj - Company Announcement

Chairman of the Board of Finnair Plc., Mr. Harri Sailas: I will not stand for re-election as a Member of the Board in Finnair's 2013 Annual General Meeting of Shareholders

Finnair Plc. Stock exchange release 10 December 2012 at 16:26 EET



Mr. Harri Sailas, the Chairman of the Board of Finnair, has announced that he
will not stand for re-election when new candidates are proposed for the Finnair
Board of Directors. According to the decision made by Finnair's 2012 Annual
General Meeting (AGM), a Shareholders' Nomination Committee shall prepare a
proposal on the composition of the Board to be elected in the company's next
AGM to be held on 27 March 2013. Harri Sailas serves as an expert member of the
Committee preparing the proposal for the 2013 AGM. 

 “I feel that Finnair's AGM in March 2013 will be a good time to elect a new
Chairman of the Board for the company. Therefore I have announced, that I will
not stand for re-election when future Board members and Chairman are to be
elected,” says Sailas. 

 “Thanks to Finnair's extensive cost reduction program, the company's business
has a possibility to really take off, and its structural change is progressing
steadily,” Sailas continues. “The co-operation between Finnair's Board of
Directors and Executive Board to improve the company's position has been good,
and Finnair employees have shown that they are strongly committed to the
company. Even if the company's cost and productivity challenges are not yet
over, I am confident that Finnair will emerge as a winner, if the ongoing
change process is continued determinedly.” 



Further information:

Finnair communications, +358 9 818 4020,  comms@finnair.com



Distribution:

NASDAQ OMX Helsinki
Principal media