Decisions of the Sampo Plc Annual General Meeting
Decisions of the Sampo plc Annual General Meeting
The Annual General Meeting of Sampo plc, held today, decided to distribute a
dividend of EUR 1.20 per share for 2006. The record date for dividend payment
is 17 April, 2007. The dividend will be paid on 24 April, 2007. The Annual
General Meeting adopted the financial accounts for 2006 and discharged the
Board of Directors and the Group CEO and President from liability for the
financial year.
The following members were re-elected to the Board of Directors: Tom Berglund,
Anne Brunila, Georg Ehrnrooth, Jussi Pesonen, Jukka Pekkarinen, Christoffer
Taxell, Matti Vuoria and Björn Wahlroos. At its organisational meeting, the
Board elected Georg Ehrnrooth as Chairman and Matti Vuoria as Vice Chairman.
The Annual General Meeting decided to keep the fees payable to the members of
the Board of Directors at their present level until the close of the 2008
Annual General Meeting. Accordingly, the Chairman of the Board will be paid EUR
120,000 per year, the Vice Chairman EUR 85,000 per year and the other members
EUR 70,000 per year. An amount equivalent to 30 per cent of the annual fee will
be paid in Sampo plc A shares. No separate fee will be paid to Björn Wahlroos,
Group CEO and President, for his work on the Board of Directors.
Ernst & Young Oy was elected as Auditor. The Auditor will be payed a fee
determined by a reasonable invoice.
The Annual General Meeting authorised the Board to acquire Sampo's A shares
provided that the acquired amount would not exceed ten per cent of the total
shares of Sampo plc. It was decided that the shares can also be acquired in a
proportion differing from the proportions of shares owned by the shareholders.
The authorisation will be valid until the close of the next Annual General
Meeting.
The Annual General Meeting approved the proposed amendments to the Articles of
Association necessitated by amendments to the Finnish Companies Act and by
other technical reasons. The most significant changes were the deletion of
provisions concerning the amount of share capital and the number of shares and
the addition of a new provision that the company shall have one Auditor, which
must be a firm of Authorised Public Accountants. The proposals of the Board of
Directors approved by the Annual General Meeting were published in stock
exchange releases on 13 February 2007.
SAMPO PLC
Jarmo Salonen
Head of Investor Relations and Group Communications
For additional information, please contact:
Jarmo Salonen
Head of Investor Relations and Group Communications
Tel. +358 10 516 0030
Maria Silander
Press Officer
Tel. +358 10 516 0031
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