Affecto Oyj - Company Announcement

Members of Affecto’s Shareholders’ Nomination Board have been appointed

Affecto Plc – Stock Exchange Release, 16 November 2016 at 15:30, Helsinki

Members of Affecto’s Shareholders’ Nomination Board have been appointed

The Annual General Meeting of Affecto that was held in April 2016 resolved to
establish a Shareholders' Nomination Board. The Nomination Board’s duties
include preparing proposals in relation to the election and remuneration of
Board members to the next Annual General Meeting. 

The Shareholders’ Nomination Board consists of the representatives of the three
largest shareholders of Affecto at 31 October 2016 and the Chairman of the
Board of Directors if he is not appointed as a representative of a shareholder.
In case of a shareholder resolves not to use its nomination right, the right
passes to the next largest shareholder who doesn’t already have the right to
appoint a representative to the Nomination Board. 

Cantell Oy, Säästöpankki Kotimaa Fund and Ilmarinen have appointed Aaro
Cantell, Chairman of Affecto's Board of Directors, Petteri Vaarnanen, Head of
Asset Management in SP-Rahastoyhtiö and Mikko Mursula, CIO of Ilmarinen, as
members of the Nomination Board. Lombard International Assurance S.A. did not
use its right to appoint a member. 

The Nomination Board will give its proposal to the Board of Directors of the
Company by 20 January 2017. 


AFFECTO PLC
Sakari Knuutti
Director, Legal & IR



For additional information, please contact:

Sakari Knuutti
Director, Legal & IR
+358 50 562 4077
sakari.knuutti@affecto.com