Elisa - Other information disclosed according to the rules of the Exchange

The Shareholders’ Nomination Board’s proposal on the composition and remuneration of the Elisa Board of Directors

ELISA CORPORATION STOCK EXCHANGE RELEASE 24 JANUARY 2017 AT 3:30 PM

The Shareholders’ Nomination Board of Elisa Corporation proposes to the Annual
General Meeting of 6 April 2017 that the number of members of the Board of
Directors to be seven (7). The Nomination Board proposes that Mr Raimo Lind, Ms
Clarisse Berggårdh, Mr Petteri Koponen, Ms Leena Niemistö, Ms Seija Turunen and
Mr Mika Vehviläinen  be re-elected as members of the Board. The Nomination
Board proposes further that Mr Antti Vasara is elected as a new member of the
Board. Mr Jaakko Uotila has announced that he is not available for re-election
in the 2017 Annual General Meeting. 

All the proposed Board Members are considered to be independent of the company
and of its significant shareholders. 

The Shareholders’ Nomination Board proposes that the remuneration for the
members of the Board of Directors remains unchanged. The monthly remuneration
is paid in two parts in order to acquire shares after the publication of the
first and third quarter interim reports. The proposal does not include share
transfer restrictions; however the Nomination Board does require that members
of the Board hold shares in the company. 

More information on the Shareholders’ Nomination Board’s proposal on the
composition of the Board of Directors and its full proposal on the remuneration
is available on Elisa Corporation’s website at www.elisa.com/agm. The
Nomination Board’s proposals will be included in the invitation to the Annual
General Meeting. 

The Shareholders’ Nomination Board of Elisa Corporation is chaired by Mr Kari
Järvinen (appointed by Solidium Oy). The members of the committee are Mr Reima
Rytsölä (Varma Mutual Pension Insurance Company), Mr Timo Ritakallio (Ilmarinen
Mutual Pension Insurance Company), Ms Hanna Hiidenpalo (Elo Mutual Pension
Insurance Company) and Mr Raimo Lind (Chairman of the Board of Directors of
Elisa Corporation). 


ELISA CORPORATION

Vesa Sahivirta
IR Director
tel. +358 10 262 3036

Additional information:

Kari Järvinen
Chair of the Shareholders’ Nomination Board
tel. +358 40 548 3995

Distribution:

Nasdaq Helsinki
Principal media
www.elisa.com