The task of the Personnel Committee is to prepare proposals to the Board of Directors regarding the remuneration and appointment of the CEO and rest of the Group Management Team as well as the company’s remuneration principles. The Personnel Committee also prepares the Remuneration Policy and Remuneration Report for the company’s governing bodies. The Remuneration Policy is subject to advisory vote by the Annual General Meeting. The Personnel Committee is comprised of a Chairman and two members appointed annually by the Board of Directors from among its members. The members shall have appropriate experience pertaining to the terms of employment and compensation systems of senior management. The majority of the members of the Personnel Committee shall be independent of the company. The CEO or management team members shall not be appointed to the Personnel Committee. The Personnel Committee meets when necessary. The Committee’s charter is attached in the Appendix (Appendix 4).
FY 2024 The members of the Personnel Committee are Panu Routila (chair), Jari-Pekka Punkari and Kirsi Puntila.