Efore - Decisions of general meeting

Decisions of the Extraordinary General Meeting of Efore Plc

Espoo, Finland, 2017-01-31 12:15 CET (GLOBE NEWSWIRE) -- Stock Exchange Release
  31 January 2017        at 13:15 



The Extraordinary General Meeting of Efore Plc was held on 31 January 2017 at
10:00 a.m. in Espoo. 

The General Meeting set the number of the members of the Board of Directors at
four. Marjo Miettinen, Jarmo Simola, Antti Sivula and Tuomo Lähdesmäki were
elected as members of the Board of Directors. 

In its first meeting held after the Extraordinary General Meeting, the Board of
Directors elected Tuomo Lähdesmäki as Chairman of the Board of Directors. The
Board of Directors has evaluated the independence of the Board members in
compliance with the recommendations of the Corporate Governance Code 2015.  It
is the view of the Board of Directors that all Directors are independent of the
company and of its significant shareholders. 

It was resolved that the Board of Directors will not establish any separate
committees of the Board of Directors and that the duties of the audit committee
are discharged by the company’s entire board of directors. 

The minutes of the General Meeting are available at the company’s website
http://www.efore.com/investors/corporate-governance/general-meeting-of-sharehold
ers
as of 14 February 2017 at the latest. 

EFORE PLC

BOARD OF DIRECTORS

For further information please contact Mr. Jorma Wiitakorpi, CEO, tel. +358 40
175 8510. 

DISTRIBUTION
Nasdaq Helsinki Ltd
Principal media

Efore-group
Efore Group is an international company which develops and produces demanding
power products. Efore's head office is based in Finland and its R&D functions
are located in Finland, Sweden, Italy and China. Sales and marketing operations
are located in Europe, United States and China. In the fiscal year ending in
December 2015, consolidated net sales totalled EUR 89,9 million and the Group's
 personnel averaged 887. The company's share is quoted on the Nasdaq Helsinki
Ltd.www.efore.com