Raisio - Decisions of general meeting

Raisio’s Annual General Meeting 23 March 2016

Raisio plc, Stock Exchange Release, 23 March 2016

RAISIO’S ANNUAL GENERAL MEETING 23 MARCH 2016

Raisio plc’s Annual General Meeting (AGM) approved the financial statements for
the financial year 1 January – 31 December 2015 and granted the members of the
Board of Directors and the Supervisory Board as well as the Chief Executive
discharge from liability. The AGM decided to pay a dividend of EUR 0.16 per
share. The Board of Directors’ proposals to the AGM were approved without
changes. 

A total of 2,468 shareholders were personally present or represented by a proxy
at the AGM held in Turku, representing 45.3 million shares, i.e. 27.4 % of the
total share capital. 

DIVIDEND PAYMENT

The AGM approved the Board of Directors’ proposal to pay a dividend of EUR 0.16
for each restricted and free share. The dividend will be paid on 5 April 2016
to each shareholder who is entered in the shareholders’ register on the record
date of 29 March 2016. The dividend will not be paid on the shares held by the
company. 

NOMINATIONS

The number of members of the Board of Directors was confirmed to be five, and
Erkki Haavisto, Matti Perkonoja, Michael Ramm-Schmidt, Ann-Christine Sundell
and Antti Tiitola were reappointed for the term commencing after the now closed
AGM. At its meeting held after the AGM, the Board of Directors elected
Perkonoja as its Chairman and Ramm-Schmidt as its Vice Chairman. 

The Chairman of the Board will be paid a monthly fee of EUR 5,000 and the
members a monthly fee of EUR 2,500. Approximately 20% of the fee will be paid
with the company’s own shares and approximately 80% in cash. The fees are paid
in two equal instalments during the term so that the first payment will be made
on 15 June and the second on the 15 December. In addition to this, a
remuneration of EUR 800 in cash will be paid to the Chairman of the Board and a
remuneration of EUR 400 in cash to the members of the Board for each board
meeting, including the meetings of committees set by the Board among its
members. For a teleconference meeting this remuneration will be EUR 400 in cash
to the Chairman of the Board and EUR 200 in cash to the members of the board.
Moreover, they will receive a daily allowance for the meeting days and they
will be reimbursed for travel expenses according to the company’s travelling
rules. 

The number of members of the Supervisory Board was confirmed to be 25. John
Holmberg, Linda Langh, Jukka Niittyoja, Juha Salonen, Matti Seitsonen, Urban
Silén and Mervi Soupas. were elected as the members of the Supervisory Board
for the term commencing at the closing of this AGM. Holmberg, Langh, Niittyoja
and Seitsonen are new members in the Supervisory Board. 

The annual remuneration payable to the Chairman of the Supervisory Board will
be EUR 12,000 and the members will receive a payment of EUR 350 for each
meeting, in addition to which their travel expenses will be compensated and
they will receive a daily allowance for the meeting days according to the
company’s travelling rules. The Meeting also decided to pay the Chairman of the
Supervisory Board a fee of EUR 350 for each attended Board Meeting. 

Authorised public accountants Esa Kailiala and Kimmo Antonen were elected as
regular auditors. KPMG Oy Ab and authorised public accountant Mika Leino were
elected as deputy auditors. Their term commenced at the closing of this AGM and
ends with the closing of the following Annual General Meeting. 

AUTHORISATION TO REPURCHASE OWN SHARES AND TO ISSUE SHARES

The AGM authorised the Board of Directors to decide on the repurchase of and/or
accepting as pledge a maximum of 5,000,000 free shares and 1,250,000 restricted
shares. The authorisation will be valid until 30 April 2017. 

Furthermore, the AGM authorised the Board of Directors to decide on share
issues (1) by assigning a total of no more than 14,200,000 free shares that are
in the Company’s possession and a total of no more than 1,460,000 restricted
shares that are in the Company’s possession and (2) by issuing a maximum of
20,000,000 new free shares. The share issue authorisations will be valid until
23 March 2021 at the latest. 

The details of the authorisations are available in the stock exchange release
published on 15 February 2016. 

The authorisations to repurchase own shares and to issue shares given by the
AGM in 2015 expire on 23 March 2016. 

RAISIO PLC

Heidi Hirvonen
Communications and IR Manager
tel. + 358 50 567 3060



Further information:
Janne Martti, Secretary of the Board, tel. +358 50 556 6521





Raisio plc

Raisio plc is an international specialist in plant-based nutrition. Raisio’s
operations are divided into two divisions: Brands and Raisioagro. The Group’s
key market areas are Finland, Great Britain, the Czech Republic, Russia and
Poland. Markets for cholesterol lowering Benecol products are global. Raisio
plc’s shares are listed on Nasdaq Helsinki Ltd. In 2015, the Group's net sales
totalled EUR 521 million and EBIT was EUR 51.7 million excluding one-off items.
The Group employs some 1,800 people. Raisio’s best-known brands are Benecol,
Benemilk, Elovena Honey Monster, Fox’s and Poppets. Benemilk feeds for milk
production and Benecol for cholesterol lowering are Raisio’s top innovations.
For more information on Raisio go to www.raisio.com/en 





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Nasdaq
Key media
www.raisio.com