Aktia Pankki Oyj - Changes board/management/auditors

Aktia Bank plc: Proposal for composition of the Board of Directors of Aktia Bank plc in 2015 and remuneration

Helsinki, Finland, 2014-11-28 08:30 CET (GLOBE NEWSWIRE) -- 

Aktia Bank plc
Stock exchange release
28 November 2014 at 9.30 a.m.



Proposal for composition of the Board of Directors of Aktia Bank plc in 2015
and remuneration 

The presiding officers of Aktia Bank plc's Board of Supervisor prepare
appointments of the Board of Directors of Aktia Bank plc and present a proposal
for the remuneration of the members of the Board of Directors for decision by
the Board of Supervisors. 

The presiding officers propose that the current number of seven members of the
Board of Directors be unchanged. 

Taking the current composition of the Board of Directors and the company's
development stage into consideration, the presiding officers propose that all
the present members of the Board, i.e. Sten Eklundh, Hans Frantz, Kjell Hedman,
Catharina von Stackelberg-Hammarén, Arja Talma, Dag Wallgren and Nina Wilkman,
be re-elected for the calendar year 2015. Further, the present Chair Dag
Wallgren is proposed to be appointed as Chair and the present Vice Chair Nina
Wilkman as Vice Chair of the Board of Directors. All members of the Board are
independent in relation to Aktia Bank plc and significant shareholders. 

The presiding officers propose a 10% higher annual remuneration for members of
the Board of Directors, following their increased responsibility and
restrictions put on members of a Board in a credit institution. Thus the
following annual remuneration is proposed: 

Chair                                 EUR 58,300 p.a.                   (2014:
53,000) 
Vice Chair                         EUR 33,000 p.a.                   (2014:
30,000) 
Member                            EUR 25,850 p.a.                    (2014:
23,500) 

The total increase in annual remuneration is proposed to be paid in the form of
Aktia Bank plc A shares, so that 35% of the annual remuneration is paid in the
form of A shares. The remuneration for attended meetings is proposed to remain
unchanged, i.e. EUR 500 per attended meeting and EUR 1,000 per committee
meeting to committee chairmen. 

The Board of Supervisors of Aktia Bank plc convenes on 11 December 2014 to
elect the members of the Board of Directors and confirm remuneration for board
members in the calendar year 2015. 

For more information about the Board of Directors of Aktia Bank plc and
remuneration, see www.aktia.com >Corporate Governance. 



AKTIA BANK PLC

For more information, please contact:
Håkan Mattlin, Chairman of the Board of Supervisors, tel. +358 500 459 059
Mia Bengts, Group Legal Counsel, tel. +358 10 247 6348

Aktia provides a broad range of products within banking, insurance and real
estate agency.­ Aktia operates in Finland's coastal areas and inland growth
areas. Aktia has some 300,000 customers who are served by 1,000 employees at 55
branch offices and via Internet and telephone services. Aktia's shares are
listed on NASDAQ OMX Helsinki Ltd. For more information about Aktia, see
www.aktia.com