Proposals by Anora's Shareholders' Nomination Board to the Annual General Meeting 2023
Anora's Shareholders' Nomination Board has submitted its proposals to the Annual General Meeting, which is planned to be held on
The Shareholders' Nomination Board proposes to the Annual General Meeting that the number of members of the Board of Directors would be seven.
Further, the Nomination Board proposes that the current members Kirsten Ægidius,
The Nomination Board has assessed that
Current Board members
With regard to the election procedure for the proposed composition of the Board of Directors, the Shareholders' Nomination Board recommends that shareholders take a position on the proposal as a whole at the Annual General Meeting. At Anora, the Shareholders' Nomination Board established by the General Meeting of Shareholder is, in line with good corporate governance, separate from the Board of Directors. The Shareholders' Nomination Board shall, in addition to ensuring that individual nominees for membership of the Board of Directors possess the required level of expertise, knowledge and competence, also pay attention to that the proposed Board of Directors as a whole have a good and balanced diversity and the required competences and that the composition of the Board of Directors also meets other requirements of the Finnish Corporate Governance Code for listed companies.
Further, the Nomination Board proposes that
In addition to the Board members elected by the Annual General Meeting, Anora's employees have, in accordance with the agreement on employee participation between Anora and the special negotiating body of the employees, elected two members and their deputies to the Board of Directors. As announced earlier,
The Shareholders' Nomination Board proposes to the Annual General Meeting that the remuneration to be paid to the Board members elected by the Annual General Meeting will be an annual fee as follows:
EUR 65,000 , Chairperson (currentEUR 60,000 )EUR 46,500 , Vice Chairperson (currentEUR 45,000 )EUR 31,000 , member (currentEUR 30,000 )
In addition to these annual fees, the following annual fees are proposed to Board members elected by the Annual General Meeting who are appointed by the Board as members of the Board's permanent Committees:
Audit Committee:
EUR 10,000 , Chairperson (currentEUR 10,000 )EUR 5,000 , member (currentEUR 5,000 )
EUR 8,000 , Chairperson (currentEUR 8,000 )EUR 4,000 , member (currentEUR 4,000 )
In addition to the annual fees, the Board members elected by the Annual General Meeting would receive a meeting fee for the Board of Directors and Board Committee meetings of
The Shareholders' Nomination Board is of the opinion that shareholding by the Board members in Anora benefit all shareholders. The Shareholders' Nomination Board therefore proposes that part of the annual remuneration may be paid in Anora's shares purchased from the market. A Board member elected by the Annual General Meeting may, at his/her discretion, choose from the following five alternatives:
- no cash 100% in shares
- 25% in cash 75% in shares
- 50% in cash 50% in shares
- 75% in cash 25% in shares
- 100% in cash no shares
To the extent fees would be payable in Anora's shares, such shares will be acquired directly on behalf of or otherwise delivered to the Board members after the release of Anora's interim report 1 January-
As announced on
Stein Erik Hagen ,Canica AS , Chairman of the Shareholders' Nomination Board-
Petter Söderström,
Solidium Oy Anne Lise E. Gryte ,Geveran Trading Co. Limited
In addition,
For more information on the Shareholders' Nomination Board, please refer to https://anora.com/en/investors/governance/shareholders-nomination-board
Further information:
Contacts:
Petra Gräsbeck, Corporate Communications, tel. +358 40 767 0867
Distribution:
Principal media
www.anora.com
Anora is a leading wine and spirits brand house in the Nordic region and aglobalindustry forerunner in sustainability. Our market-leading portfolio consists of our own iconic Nordic brands and a wide range of prominent international partner wines and spirits. We export to over 30 markets globally.
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