SATO Oyj - Decisions of general meeting

Decisions taken by the annual general meeting of SATO Corporation

SATO Corporation, 3 March 2016 at 1:25 pm

Adoption of financial statements and discharge from liability
On 3 March 2016 the Annual General Meeting of SATO Corporation adopted the
Company's financial statements for the financial year of 1 Januaryto 31 December
2015and discharged the members of the Board of Directors and the President and
CEO from liability for the 2015 financial year.

Board of Directors
A decision was made to set the number of members of the Board of Directors of
SATO Corporation at seven.

The Annual General Meeting elected Erik Selin to serve as Chairman of the Board.
Members Andrea Attisani, Jukka Hienonen, Esa Lager, Tarja Pääkkönen and Timo
Stenius were re-elected to the Board, andMarcus Hansson was elected to the Board
as a new member.

Auditor
KPMG Oy Ab, a firm of authorised public accountants, was re-elected auditor,
with Lasse Holopainen, APA, serving as the auditor in charge.

Authorisation of the Board of Directors to decide on one or more directed share
issues against payment
The Board of Directors was authorised by the Annual General Meeting to decide on
one or more directed share issues against payment such that the combined total
number of new shares to be issued will not exceed 3,000,000, which corresponds
to around 5.9% of all shares in the Company on the date of AGM invitation,
9 February 2016.On the basis of this authorisation, the Board of Directors may
decide on the share issue according to the terms mentioned in the law directed
i.e. deviated from the shareholders' pre-emptive rights.The Board of Directors
may use the directed share issue for acquisition of assets relating to the
Company's business operations or to finance or execute company acquisitions.The
Board of Directors was authorised to decide on the other terms of the share
issue.The authorisation remains in effect until and inclusive of 28 February
2017.

The authorisation decision does not revoke the authorisation given by the Annual
General Meeting on 3 March 2015 whereby the Board of Directors may decide on one
or more directed share issues concerning a maximum of 160,000 treasury shares
held by the Company.

Authorisation of the Board of Directors to decide on a share issue against
payment
Furthermore, the Board of Directors was authorised by the Annual General Meeting
to decide on a share issue of the maximum of 5,200,000 new shares to the
shareholders for subscription in the proportion of their existing shareholdings
in the Company.The authorised maximum amount corresponds to about 10.2% of the
Company's shares on 9 February 2016.The Board of Directors was authorised to
decide on the other terms of the share issue.The authorisation remains in effect
until and inclusive of 28 February 2017.

The authorisation decision does not revoke the above-mentioned share issue
authorisation or the authorisation given by the annual general meeting on 3
March 2015 whereby the Board of Directors may decide on one or more directed
share issues concerning a maximum of 160,000 treasury shares held by the
Company.

Dividend distribution
The Annual General Meeting decided, in accordance with the proposal of the Board
of Directors, on the payment of a dividend of €0.50 per share for 2015,
totalling €25,420,921.00.The dividends will be paid to shareholders who at the
date of record for the payment, 7 March 2016, are entered as shareholders in the
Company's register of shareholders maintained by Euroclear Finland Ltd.The date
of payment for will be Tuesday, 22 March 2016.



For more information please contact:
Saku Sipola, President and CEO, phone +358 201 34 4001 or +358 40 5515 953
Esa Neuvonen, CFO, phone +358 201 34 4005 or +358 40 500 1003

www.sato.fi



SATO is one of Finland's leading rental housing providers. SATO's aim is to
offer comprehensive alternatives in rental housing and an excellent customer
experience. All told, SATO holds roughly 23,600 rental homes in Finland's
largest growth centres and in St Petersburg.


In our operations, we promote sustainable development and initiative-taking, and
work in open interaction with our stakeholders to create added value. We operate
profitably and with a long-term view. We increase the value of our housing
property through investments, divestments and repair work.

SATO Group's net sales in 2015 were €323.4 million, operating profit €196.5
million and profit before taxes €159.4 million. SATO's investment properties
have a value of roughly €2.8 billion.



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