Scanfil Oyj - Notice to general meeting

NOTICE TO THE ANNUAL GENERAL MEETING

SCANFIL PLC   STOCK EXCHANGE RELEASE    11 MARCH 2014  10.00 A.M.

NOTICE TO THE ANNUAL GENERAL MEETING

The shareholders of Scanfil plc are invited to the Annual General Meeting, to
be held on Tuesday 8 April 2014 at 10.30 pm at the Company's main office,
Yritystie 6, 85410 Sievi, Finland. 

A. MATTERS ON THE AGENDA OF THE GENERAL MEETING

At the general meeting, the following matters will be considered:

1. Opening of the meeting

2. Calling the meeting to order

3. Election of persons to scrutinize the minutes and to supervise the counting
of votes 

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

6. Presentation of the annual accounts, the report of the board of directors
and the auditor's report for the year 2013 

- Review by the CEO

7. Adoption of the annual accounts

8. Resolution on the use of the profit shown on the balance sheet and the
payment of dividend 

The parent company's distributable funds are EUR 13,967,426.34. The Board of
Directors proposes to the Annual General Meeting that a dividend of EUR 0.05
per share be paid based on the annual result of the financial year ending on 31
December 2013, for a total of EUR 2,886,521.95. The dividend matching day is 11
April 2014. The dividend will be paid to those shareholders who, on the
matching day, are entered in the Company's Register of Shareholders, kept by
Euroclear Finland Ltd. The dividend payment day is 23 April 2014. 

9. Resolution on the discharge of the members of the Board of Directors and the
President from liability 

10. Resolution on the remuneration of the members of the Board of Directors and
the auditor 

Shareholders who hold more than 50% of the shares and votes propose that the
remuneration for the members of the Board of Directors is as follows: Chairman
of the Board of Directors EUR 2,000/month, member of the Board of Directors EUR
1,500/month. 

The auditor is paid according to a reasonable invoice.

11. Resolution on the number of members of the Board of Directors

The Nomination Committee of the Board of Directors proposes to the general
meeting that the number of members of the Board of Directors shall be five (5). 

12. Election of members of the Board of Directors

The Nomination Committee of the Board of Directors, supported by the company's
major shareholders holding over 50% of the shares and votes, proposes that the
general meeting will re-elect the following board members: Harri Takanen (born
1968), Jorma J. Takanen (born 1946), Jarkko Takanen (born 1967) and Riitta
Kotilainen (born 1958)and elect a new member Christer Härkönen. 

The first time nominee to the Board of Directors is presented on Company's
website at www.scanfil.com. 

The term of office of the Board members expires at the close of the first
Annual General Meeting following the one at which they were elected. All Board
member nominees have given their consent to the election. 

13. Auditor appointment

The KPMG Oy Ab auditing firm will continue as the Company's auditor until
further notice. It is proposed that CPA Antti Kääriäinen be again appointed as
the main auditor. 

14. Authorising the Board to decide on purchasing the company's own shares

The Board of Directors proposes to the Annual General Meeting that the Board of
Directors be authorized to decide on the repurchase of the company's own shares
as follows: 

The Board of Directors is authorized to decide on the purchase of a maximum of
five million (5,000,000) company shares, which accounts for 8.7% of all shares
of the company. Company shares will be purchased with funds from the company's
non-restricted equity, in which case the acquisition will decrease the
company's distributable non-restricted equity. 

Shares will be purchased in a different proportion to that of the holdings of
the current shareholders. Purchasing will take place through public trading
arranged by NASDAQ OMX Helsinki Oy. The shares will be purchased at the fair
value established in public trading at the time of acquisition. 

Shares can be purchased to develop the company's capital structure, to be used
as remuneration in corporate acquisitions or the funding of other business
arrangements, or as part of the company's incentive system, or otherwise to be
forwarded, to be retained by the company, or to be annulled. The Board of
Directors will decide on other matters related to the acquisition of the
company's shares. 

The authorization cancels the authorization given in the Annual General Meeting
on 18 April 2013 to repurchase the company's own shares. The authorisation is
valid for 18 months from when it was granted. 

15. Closing of the meeting

B. DOCUMENTS OF THE GENERAL MEETING

The proposals of the Board of Directors and its committee relating to the
agenda of the general meeting as well as this notice are available on Scanfil
plc's website at www.scanfil.com. Scanfil plc's annual report, the annual
accounts, the report of the board of directors and the auditor's report are
available on the abovementioned website no later than 21 March 2014. The
proposals of the Board of Directors and its committee and the annual accounts
are also available at the meeting. Copies of these documents and of this notice
will be sent to shareholders upon request. The minutes of the meeting will be
available on the abovementioned website as of 22 April 2014 at the latest. 

C. INSTRUCTIONS FOR THE PARTICIPANTS IN THE GENERAL MEETING

1. The right to participate and registration

Eligibility to attend the meeting shall be enjoyed by shareholders who were
entered by 27 March 2014 at the latest as shareholders in the register of
Scanfil plc's shareholders kept by Euroclear Finland Oy. In order to be able to
attend the Annual General Meeting, shareholders shall register with the company
by 4 p.m. on 3 April 2014 at the latest, either in writing to the address
Scanfil plc, Yritystie 6, 85410 Sievi, Finland, by telephone, on +358 8 4882
111, or by e-mail agm@scanfil.com. 

When registering by post, the letter shall have arrived before the end of the
registration period. In connection with the registration, the shareholder's
name, personal ID, address, telephone number and name and personal ID of any
assistant must be reported. The personal data given is used only in connection
with the general meeting and with the processing of related registrations. 

2. Proxy representative and powers of attorney

A shareholder may participate in the general meeting and exercise his/her
rights at the meeting by way of proxy representation. 

A proxy representative shall produce a dated proxy document or otherwise in a
reliable manner demonstrate his/her right to represent the shareholder at the
general meeting. When a shareholder participates in the general meeting by
means of several proxy representatives representing the shareholder with shares
at different securities accounts, the shares by which each proxy representative
represents the shareholder shall be identified in connection with the
registration for the general meeting. 

Possible proxy documents should be delivered in originals to Scanfil plc, Marjo
Nurkkala, Yritystie 6, 85410 Sievi, Finland before the last date for
registration. 

3. Holders of nominee registered shares

A shareholder whose shares are nominee registered and who wishes to participate
in the Annual General Meeting must be recorded in the company's shareholders'
register on the matching date of the Annual General Meeting, 27 March 2014.
Participation requires that the shares have been registered temporarily in the
company's shareholders' register on 3 April 2014 by 10 am. With regard to
nominee registered shares, this is considered a registration for the Annual
General Meeting. 

It is recommended that the holder of a nominee registered share request the
asset manager to provide the necessary instruction concerning registration in
the shareholders' register, issuance of proxies and registration for the Annual
General Meeting. 

4. Other instructions and information

On the date of this notice the total number of shares and votes in Scanfil plc
is 57,730,439 shares and votes. 



In Sievi on 11 March 2014



SCANFIL PLC

THE BOARD OF DIRECTORS





Distribution:        NASDAQ OMX Helsinki
                           Main media
                           www.scanfil.com