Resolutions of Posti Group’s Annual General Meeting: Sanna Suvanto-Harsaae elected as Chair of the Board of Directors

14.05.2020

Posti Group Corporation’s Annual General Meeting was held in Helsinki on 14 May 2020. In line with the Board of Directors’ proposal, the Annual General Meeting decided to distribute a dividend of EUR 29.8 million based on the result in 2019.

The meeting adopted the 2019 financial statements and discharged the members of the Supervisory Board, the Board of Directors and the President and CEO from liability.

Board of Directors

Annual General Meeting decided that the following persons will continue as members of the Board of Directors:

In addition to Chair of the Board Markku Pohjola and Deputy Chair Suvi-Anne Siimes, Eero Hautaniemi, Anna Martinkari and Arja Talma were not available for re-election in the Board of Directors.

The following persons were elected as new members of the Board of Directors:

Sanna Suvanto-Harsaae was elected as the Chair of the Board of Directors and Per Sjödell as the Deputy Chair. Sanna Suvanto-Harsaae acts as the Chair of the Board of Directors of Altia Corporation and as a board member of SAS AB and several other companies. Her experience in developing logistics, retail and digital channels will be valuable in the further renewal of Posti. Biographical details of the board members are available on the company’s website at posti.com under Corporate Governance/Board of Directors.

“I’m honoured to become the new Chair of the Board of Directors at Posti Group. I am excited to join a company whose employees and customers feel passionate about the company that also plays an important role in society. At the same time Posti operates in markets that are under tremendous change and where the next 3-4 years will be crucial for Posti’s future success. I believe that my broad strategic and commercial knowledge will be valuable to Posti in this transition. I look forward to working in close collaboration with Posti’s employees, management, board, owner and other stakeholders,” says Sanna Suvanto-Harsaae, Chair of the Board of Directors of Posti Group.

“The past three years on the Board of Directors of Posti Group have offered a great perspective into the rapidly changing industry and company. Success in the transformation of the postal industry requires swift and determined renewal. Posti is well positioned to do this. I would like to extend my warmest thanks to the leadership and personnel of Posti for their commitment to the renewal and their unwavering work in implementing the required changes. I wish all Posti employees the best of success in the future. Thank you all for smooth and effective cooperation,” says Markku Pohjola.

To ensure a smooth transition, an agreement has been made with Markku Pohjola under which Pohjola will act as an advisor to the company’s Board of Directors for a brief transition period.

Supervisory Board

Annual General Meeting decided that the following persons will continue as members of the Supervisory Board:

Aki Lindén will continue as the Chair of the Supervisory Board and Atte Harjanne as the Deputy Chair of the Supervisory Board.

Board of Directors’ and Supervisory Board’s fees

The fees of the members of the Board of Directors and the Supervisory Board remained unchanged. Members of the Board of Directors will receive a monthly remuneration and a meeting fee. The meeting fee will be paid in double for the Board members residing outside Finland. No Board remuneration will be paid for the member of the Board of Directors employed by Posti Group.

Members of the Supervisory Board will receive a meeting fee.

Auditor and other issues

PricewaterhouseCoopers Oy (PwC), a firm of authorized public accountants, was elected as Posti Group Corporation’s auditor, with Authorized Public Accountant Mikko Nieminen as the principal auditor.

In addition, amendments to the Articles of Association were decided.

PHOTOS FOR MEDIA: 
http://digilibrary.posti.com/l/KZXV5kTgwQHg