Talentum Oyj - Company Announcement

PROPOSAL ON THE COMPOSITION OF TALENTUM’S BOARD OF DIRECTORS

Helsinki, Finland, 2014-03-04 16:00 CET (GLOBE NEWSWIRE) -- 

Talentum Oyj      Stock Exchange Release      4 March 2014, at 5.00 p.m.


PROPOSAL ON THE COMPOSITION OF TALENTUM'S BOARD OF DIRECTORS

Resolution on the remuneration of the members of the Board of Directors

The shareholders of Talentum Oyj Kauppalehti Oy, Alma Media Corporation,
Ilmarinen Mutual Pension Insurance Company and Accendo Capital SICAV-SIF
(nominee registered), representing in total approximately 53.1 per cent
(approximately 37.4 per cent when taken into account the voting restriction in
the Articles of Association) of the voting rights of the shares in the company
have announced that they will propose to the General Meeting, that the
remuneration payable to the members of the Board of Directors remained
unchanged and annual remunerations to be as follows: EUR 24,000 for members of
the Board of Directors, EUR 30,000 for the Deputy Chairman and EUR 48,000 for
the Chairman. Furthermore, the above mentioned shareholders propose that
approximately 40% of the annual remuneration will be used in acquiring Talentum
Oyj's shares into the Board members' accounts. The part of the remuneration
paid in shares can also be settled by conveying own shares held by the company.
In the event, that the purchase of shares cannot be implemented due to a cause
by the company or a board member or any other reason, the annual remuneration
will be paid in money. 

Resolution on the number of members of the Board of Directors

The shareholders of Talentum Oyj Kauppalehti Oy, Alma Media Corporation,
Ilmarinen Mutual Pension Insurance Company and Accendo Capital SICAV-SIF
(nominee registered), representing in total approximately 53.1 per cent
(approximately 37.4 per cent when taken into account the voting restriction in
the Articles of Association) of the voting rights of the shares in the company
have announced that they will propose to the General Meeting the number of the
members of the Board of Directors to be five (5). 

Election of the members, Chairman and Deputy Chairman of the Board of Directors

The shareholders of Talentum Oyj Kauppalehti Oy, Alma Media Corporation,
Ilmarinen Mutual Pension Insurance Company and Accendo Capital SICAV-SIF
(nominee registered), representing in total approximately 53.1 per cent
(approximately 37.4 per cent when taken into account the voting restriction in
the Articles of Association) of the voting rights of the shares in the company
have announced that they will propose to the General Meeting that Joachim
Berner, Atte Palomäki, Kai Telanne and Henri Österlund be re-elected and Mitti
Storckovius be elected as a new member. In addition, the said shareholders
propose to the General Meeting the election of Kai Telanne as the Chairman and
Henri Österlund as the Deputy Chairman of the Board of Directors. The mentioned
persons have given their consent to the election. Personal details on the Board
of Director nominees are available on the company's website at
www.talentum.com. 


TALENTUM OYJ

THE BOARD OF DIRECTORS

FURTHER INFORMATION
CEO Aarne Aktan, tel. + 358 (0) 40 342 4440

DISTRIBUTION
NASDAQ OMX Helsinki
Principal media
www.talentum.com