Sampo - Decisions of general meeting

Decisions of Sampo plc's Annual General Meeting

SAMPO PLC          STOCK EXCHANGE RELEASE        27 April 2017 at 7:20 pm




Decisions of Sampo plc's Annual General Meeting

The Annual General Meeting of Sampo plc, held today on 27 April 2017, decided to
distribute a dividend of EUR 2.30 per share for 2016. The record date for
dividend payment is 2 May 2017 and the dividend will be paid on 9 May 2017. The
Annual General Meeting adopted the financial accounts for 2016 and discharged
the Board of Directors and the Group CEO and President from liability for the
financial year.

The Annual General Meeting elected eight members to the Board of Directors. The
following members were re-elected to the Board: Christian Clausen, Jannica
Fagerholm, Adine Grate Axén, Veli-Matti Mattila, Risto Murto, Eira Palin-
Lehtinen, Per Arthur Sørlie and Björn Wahlroos. The Members of the Board were
elected for a term continuing until the close of the next Annual General
Meeting.

At its organizational meeting, the Board elected Björn Wahlroos as Chairman and
Eira Palin-Lehtinen as Vice-chairperson. Veli-Matti Mattila, Risto Murto, Eira
Palin-Lehtinen and Björn Wahlroos (Chairman) were elected to the Nomination and
Compensation Committee and Jannica Fagerholm (Chairman), Christian Clausen,
Adine Grate Axén and Per Arthur Sørlie to the Audit Committee.

All the Board members have been determined to be independent of the company and
of the major shareholders under the rules of the Finnish Corporate Governance
Code 2015. The curriculum vitaes of the Board Members are available at
www.sampo.com/board.

The Annual General Meeting decided to pay the following fees to the members of
the Board of Directors until the close of the 2018 Annual General Meetingthe
Chairman of the Board will be paid an annual fee of EUR 175,000, the Vice
Chairperson of the Board and the Chairperson of the Audit Committee will be paid
EUR 115,000, the members of the Audit Committee will be paid EUR 96,000 and the
other members of the Board of Directors will be paid EUR 90,000 each. A Board
member shall in accordance with the resolution of the Annual General Meeting
acquire Sampo plc's A shares at the price paid in public trading for 50 per cent
of his/her annual fee excluding taxes and similar payments. In determining the
proposed fees, the Committee has considered the significant increase in the use
of time required from a Board member as a result of, in particular, the increase
in reporting in the finance industry and in the industry-specific regulation by
the authorities. Annual fees payable to the Board members were increased for the
first time since 2008.

Ernst & Young Oy was elected as Auditor. The Auditor will be paid a fee
determined by an invoice approved by Sampo. Kristina Sandin, APA, will act as
the principally responsible auditor.

Based on the proposal made by a shareholder and the Board of Directors, the AGM
made the decision on the forfeiture of the share certificates that were still in
the joint account and the rights carried by the shares. The forfeiture concerns
the paper shares that are still in the joint account with regard to which the
registration of shareholder rights in the book-entry system has not been
requested prior to the resolution by the AGM on 27 April 2017 at 2 pm. The
decision does not apply to shares whose transfer into the book-entry system has
been validly requested by the aforementioned deadline and whose request for
conversion after the conversion period will be finalized by 31 October 2017. The
company's Board of Directors will cancel the treasury shares to be held by the
company as a result of the forfeiture. Approximately 98.9 per cent of the votes
cast at the AGM were in favor of the proposal for the forfeiture of the share
certificates that were still in the joint account and the rights carried by the
shares.

The Annual General Meeting authorized the Board to repurchase a maximum of
50,000,000 Sampo A shares. The price paid for the shares repurchased under the
authorization shall be based on the current market price of Sampo A shares on
the securities market. The authorization will be valid until the close of the
next Annual General Meeting, nevertheless not more than 18 months after AGM's
decision.

There were 3,105 shareholders represented at the beginning of the meeting
holding altogether 373,911,948 shares and 378,711,948 votes in the company.

The proposals approved by the Annual General Meeting were published in stock
exchange releases on 8 February 2017. Proposals are available in their entirety
at www.sampo.com/agm.

The minutes of the Annual General Meeting will be available for viewing at
www.sampo.com/agm and at Sampo plc's head office at Fabianinkatu 27, Helsinki,
Finland, on 11 May 2017 at the latest.

SAMPO PLC



Jarmo Salonen
Head of Investor Relations and Group Communications
tel. +358 10 516 0030



Maria Silander
Communications Manager
tel. +358 10 516 0031



Distribution:
Nasdaq Helsinki
London Stock Exchange
The principal media
Financial Supervisory Authority
www.sampo.com






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