Incap - Decisions of general meeting

Resolutions of Incap Corporation's Annual General Meeting and the Board of Directors

Incap Corporation
Stock Exchange Release   18 April 2017 at 5.30 p.m. (EET)


RESOLUTIONS OF INCAP CORPORATION'S ANNUAL GENERAL MEETING AND THE BOARD OF
DIRECTORS

Incap Corporation's Annual General Meeting was held on 18 April 2017 in
Helsinki. A total of 27 shareholders participated in the meeting, representing
53,3% of all shares and votes of the company.

Adoption of the annual accounts and resolution on the use of the profit shown on
the balance sheet and the payment of dividends
The Annual General Meeting adopted the annual accounts for the financial period
ending on 31 December 2016. The Annual General Meeting resolved in accordance
with the Board's proposal that no dividend be paid and that the parent company's
profit for the financial period (EUR 464,201.93) be recognised in equity. The
Annual General Meeting resolved to discharge the members of the Board of
Directors and the President and CEO from liability.

Remuneration of the members of the Board of Directors and the Auditor
The Annual General Meeting resolved that the fees paid for the members of the
Board of Directors will be the same as in 2016 as follows: the annual fee to be
paid for Chairman of the Board is EUR 15,000 and for the Board members EUR
10,000 and it will be paid in month-by-month. There will be no separate fee for
each meeting. Eventual travel expenses will be compensated according to the
travel regulations of the company.

The Annual General Meeting resolved that the auditor is paid against a
reasonable invoice.

Resolution on the number of members of the Board of Directors and election of
members of the Board of Directors and the Auditor
The Annual General Meeting resolved that the number of members of the Board of
Directors is four (4). The Annual General Meeting re-elected Carl-Gustaf von
Troil and elected Per Kristiansson, Vesa Mäkelä and Johan Ålander as members to
the Board of Directors.

The Annual General Meeting re-elected the firm of independent accountants Ernst
& Young Oy as the company's auditor. The auditing firm has informed that the
principal auditor will be Bengt Nyholm, Authorised Public Accountant.

Authorising the Board of Directors to decide on the issuance of shares as well
as the issuance of other special rights entitling to shares
The Annual General Meeting authorised the Board of Directors to decide to issue
new shares either against payment or without payment. The authorisation entitles
to a maximum quantity of 436,516 new shares.

The new shares may be issued to the company's shareholders in proportion to
their current shareholdings in the company or deviating from the shareholders'
pre-emptive right through one or more directed share issue, if the company has a
weighty financial reason to do so, such as developing the company's equity
structure, implementing mergers and acquisitions or other restructuring measures
aimed at developing the company's business, financing of investments and
operations or using the shares as a part of the company's remuneration and
compensation system. The Board of Directors would decide upon terms and scope
related to share issues.

Based on the authorisation, the Board of Directors can pursuant to chapter 10,
section 1, of the Companies Act also decide on issuing other special rights
entitling to new shares of the company. The subscription price of the new shares
can be recorded partly or fully to the invested unrestricted equity reserves or
to equity according to the decision of the Board of Directors. The Board of
Directors is entitled to decide on conditions regarding the issuance of shares
as well as the issuance of other special rights entitling to shares.

The authorisation is valid for one year from the Annual General Meeting.

Organising meeting of the Board of Directors
The Board of Directors elected in the Annual General Meeting held its organising
meeting after the Annual General Meeting and elected amongst its number Johan
Ålander as the Chairman of the Board.

The minutes of the Annual General Meeting will be available on Incap
Corporation's website as from 2 May 2017.

INCAP CORPORATION

Ville Vuori
President and CEO


Further information:
Ville Vuori, President and CEO, tel. +358 400 369 438

DISTRIBUTION
Nasdaq Helsinki Ltd.
Principal media
www.incapcorp.com


INCAP IN BRIEF
Incap Corporation is an international contract manufacturer. Incap's customers
are leading suppliers of high-technology equipment in their own business
segments, and Incap increases their competitiveness as a strategic partner.
Incap has operations in Finland, Estonia, India and China, and the company
currently employs approximately 520 people. Incap's share is listed on the
Nasdaq Helsinki Ltd. as from 1997. Additional information: www.incapcorp.com.


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