It makes decisions in matters assigned to it in the Companies Act and the company’s Articles of Association. For example, it:
adopts annual financial statements;
decides on the distribution of dividends;
discharges members of the Board of Directors as well as the President and CEO and his or her Deputy from liability for the financial year;
elects members of the Board of Directors, an auditor as well as a sustainability auditor, and decides on their remuneration; and
reviews the Remuneration report and makes an advisory resolution on the Remuneration policy every fourth year at minimum.
Posti’s Annual General Meeting is held at least once a year, no later than by the end of June. If needed, the company may also hold Extraordinary General Meetings. According to the company’s Articles of Association, the notice convening a General Meeting of Shareholders shall be delivered to the shareholders by publishing it on the company’s website no more than two (2) months and no less than three (3) weeks before the meeting, however, at least nine (9) days before the record date of the General Meeting of Shareholders.