Shareholders’ Nomination Board
On 6 May 2021, the Annual General Meeting (AGM) of Loihde Plc resolved to establish a Shareholders’ Nomination Board to prepare proposals on the election and remuneration of the members of the Board of Directors for the General Meeting and confirmed the rules of procedure for the Nomination Board.
The Shareholders’ Nomination Board is the governing body of the company’s shareholders or their representatives, the duty of which it is to annually prepare the proposals regarding the election and remuneration of the Chair and members of the Board of Directors for the AGM, and for the Extraordinary General Meeting when required. It is the main duty of the Nomination Board to ensure that the Board of Directors and its members have sufficient expertise, know-how and experience that correspond to the company’s needs and to prepare well-founded proposals on the matter to the General Meeting.