Minutes of Extraordinary General Meeting of Vaahto Group Plc Oyj June 4, 2010
VAAHTO GROUP PLC OYJ
Time June 4, 2010 1:00pm
Place Sibelius Hall, Ankkurikatu 7, Lahti
Present Those present or represented at the meeting were the shareholders indicated in the list of votes approved during the meeting.
Also present were Johan Aalto, Chairman of the Board Seppo Jaatinen, CEO Anssi Klinga, auditor Panu Juonala, member of the Board Martti Unkuri, Rainer Häggblom and Reijo Järvinen (who ran for Board membership), and some technical personnel.
1. Opening of the meeting
The meeting was opened by Seppo Jaatinen, Chairman of the Board.
2. Calling of the meeting to order
Attorney Johan Aalto was elected chairman of the meeting. The chairman invited Anssi Klinga to keep the minutes.
The chairman explained the procedures for handling matters on the agenda of the meeting.
3. Election of the persons to confirm the minutes and to supervise the counting of votes
Ritva Koivisto and Heikki Vaahto were elected to confirm the minutes and to supervise the counting of votes.
4. Recording the legal convening of the meeting and establishment of a quorum
It was noted that the notice of the meeting had been published in Helsingin Sanomat on May 13, 2010. In addition, the notice had been published as a stock exchange release on May 11, 2010, and on the company’s Web site. The notice of the meeting was provided with the minutes as Appendix 1.
It was noted that the meeting had been convened as described in the Articles of Association and the companies Act, and that the convening was therefore valid and a quorum was established.
5. Recording of the attendance at the meeting and adoption of the list of votes
It was noted that, according to the list of votes, 8 shareholders were present at the beginning of the meeting, either in person or represented by a legal or authorized representative. According to the list of votes, 22,582,368 votes were represented at the meeting, constituting 75.7% of the company’s shares and votes.
The list of votes was approved (see Appendix 2).
6. Resolution on the number of Board members
In accordance with the proposal included in the notice of the meeting, the decision was made to confirm the number of Board members as six.
7. Election of Board members
In accordance with the proposal included in the notice of the meeting, the decision was made to elect the following persons as Board members, in addition the present Board members, for the term that ends at the end of the first full Annual General Meeting after the election: Rainer Häggblom and Reijo Järvinen.
8. Closing of the meeting
It was noted that all decisions had been made unanimously.
It was noted that, in keeping with the Companies Act, the minutes of the Annual General Meeting would be made available on the company’s Web site by June18, 2010, at the latest.
The chairman closed the meeting at 1:15pm.
examiner of the minutes
examiner of the minutes
1. Notice of the meeting
2. List of votes