Annual General Meeting 12.12.2011

The Annual General Meeting of Vaahto Group Plc Oyj on December 12, 2011

The Annual General Meeting of Vaahto Group Plc Oyj, held December 12, 2011, has decided to accept the Board of Directors’ proposal that no dividend for the fiscal period September 1, 2010 – August 31, 2011 be paid.

In the meeting the company accounts were adopted, the CEO and the members of the Board of Directors were released from liability for the fiscal year.

To the Board of Directors the Annual General Meeting elected Rainer Häggblom, Reijo Järvinen, Topi Karppanen and Mikko Vaahto. CPA Corporation Ernst & Young Oy with Panu Juonala, CPA as the chief auditor was elected to act as company’s auditors.

The Annual General Meeting resolved in accordance with the Board of Directors’ proposal to authorize the Board to decide on an issue of maximum 1,000,000 new shares.

All decisions in the meeting were unanimous.

The Board of Directors of Vaahto Group Plc Oyj has December 12, 2011 elected Reijo Järvinen as the Chairman of the Board and Rainer Häggblom as vice-chairman of the Board.