Neo Industrial Oyj - Decisions of general meeting

DECISIONS BY THE ANNUAL GENERAL MEETING OF NEO INDUSTRIAL PLC

NEO INDUSTRIAL PLC          STOCK EXCHANGE RELEASE   9 April 2015 at 3 pm

DECISIONS BY THE ANNUAL GENERAL MEETING OF NEO INDUSTRIAL PLC

The Annual General Meeting (AGM) of Neo Industrial Plc was held today, 9 April
2015, in Helsinki. 

The AGM approved the proposal by the Board of Directors that no dividends be
paid for 2014. 

The AGM approved the financial accounts for 2014 and granted the Company´s
Board and Managing Director discharge from responsibility for the period. 

The AGM approved the proposed annual remuneration of EUR 10,000 for the members
of the Board of Directors, EUR 12,500 for the chairman of the Board and an
attendance remuneration of EUR 600 per each meeting for the Board and the
committees, and that the members of the Board are compensated for their travel
expenses. 

Circa 40 per cent of the annual remunerations will be paid with the shares of
the company. Transfer to the shares is made by using the average share price of
Neo Industrial Plc´s B-share in May 2015 and the shares will be handed over in
June 2016. 

The AGM approved that the members of the Board be paid a bonus based on the
development of the company´s B share price, the amount of which is EUR 1,000
for the chairman of the Board and EUR 500 for the ordinary members of the
Board, multiplied by annual return based on the share price development of Neo
Industrial Plc´s class B share (average share price in May 2016 - average share
price in May 2015). Should the annual return exceed 50 per cent, the bonus
shall be paid in accordance with 50 per cent. So the highest multiplier when
counting remuneration is 50. 

Circa 40 per cent of the bonuses will be paid with the shares of the company.
Transfer to the shares is made by using the average share price of Neo
Industrial Plc´s B-share in May 2016 and the shares will be handed over in June
2016. 

The AGM approved the proposal of the Board that the auditors' fees be paid as
per invoice. 

The AGM approved the proposal that the number of members of the Board shall be
five (5) and nominated the following persons to the Board: Markku E. Rentto,
chairman; Jukka Koskinen, deputy chairman and Marjo Matikainen-Kallström, Jorma
Sirén and Raimo Valo as members of the  Board. No deputy members were elected. 

The AGM approved the Board´s proposal that Authorized Public Accountants KPMG
Ltd, with Authorized Public Accountant Lasse Holopainen as responsible auditor,
be elected as the auditor of the company for a term that expires at the end of
the Annual General Meeting of 2016. 

The AGM approved The Board of Directors proposal that it be authorized to
decide on acquisition of the company's own shares by using the assets from the
company's distributable funds so that the maximum number of class B shares to
be acquired is 588,076. The proposed amount corresponds to approximately 9.77
percent of all the shares in company and in total ten percent of the company's
class B shares. 

The shares will be acquired through public trading arranged by NASDAQ Helsinki
in accordance with its rules, and the consideration to be paid for the shares
to be acquired must be based on market price. The company may acquire B class
shares directly from a shareholder other than its major owner, by entering into
a contractual trade, provided that the number of class B shares to be acquired
via contractual trade is at least 15,000 and that the consideration to be paid
for the shares is equal to the prevailing market price in NASDAQ Helsinki at
the time of the acquisition. When carrying out the acquisition of the company's
own shares, derivatives, share lending and other contracts customary to the
capital markets may be entered into within the limits set by law and
regulations. 

The authorization entitles the Board of Directors to decide on the directed
acquisition in a proportion other than that of the shares held by the
shareholders. 

The Board of Directors is entitled to decide on all other matters pertaining to
the acquisition of the company's own shares. 

The authorization is remained in force until the next Annual General Meeting.

Helsinki, 9 April 2015

Neo Industrial Plc

Jari Salo
Managing Director

FURTHER INFORMATION
Jari Salo, Managing Director, tel. +358 207 209 196

www.neoindustrial.fi

Neo Industrial's strategy is to invest mainly in industrial companies with
similar synergic benefits. The aim of investments is with active ownership to
develop the purchased companies and establish additional value. Returns are
sought through both dividend flow and an increase in value. Neo Industrial's
class B shares are listed on the main list of NASDAQ Helsinki Stock Exchange.
Neo Industrial's business segment is Cable Industry.