Composition of Betolar Plc’s Shareholders’ Nomination Board
Betolar Plc
Company Release
20 Aug 2024 at 3:45 P.M. EEST
Composition of Betolar Plc’s Shareholders’ Nomination Board
The Shareholders’ Nomination Board of Betolar Plc consists of four members. The right to appoint members representing the shareholders belongs to the four shareholders who hold the largest share of the votes represented by all shares in the Company on the first working day of August preceding the Annual General Meeting. In addition, the Chairperson of the Board of Directors is an expert member of the Nomination Board.
The representative of the largest shareholder shall be selected as the Chairperson of the Nomination Board, unless the Nomination Board decides otherwise.
The composition of the Shareholders’ Nomination Board of Betolar was determined based on holdings on 1 August 2024. The following members have been nominated to Betolar’s Shareholders’ Nomination Board:
- Alexander Ehrnrooth, Chairperson of the Shareholders’ Nomination Board, representing shareholder Nidoco AB
- Juha Leppänen, shareholder
- Olli-Pekka Kallasvuo, representing shareholder Ajanta Innovations Oy
- Andreas Ahlström, representing shareholder Ahlstrom Invest B.V.
In addition, Ilkka Salonen, Chairperson of the Board of Betolar is an expert member of the Nomination Board.
The purpose of the Nomination Board is to annually prepare and present to the Annual General Meeting, and to Extraordinary General Meeting, when necessary, the proposals for the composition of the Board of Directors and for the renumeration. In addition, the Nomination Board’s duty is to look for successor candidates for the Board Members and to prepare the Board of Directors’ principles regarding diversity.
The Nomination Board will give its proposal to the Company’s Board of Directors for the 2025 Annual General Meeting at latest on January 31, 2025.
Betolar Plc
Further enquiries:
Ilkka Salonen, Chairperson of the Board of Directors, tel. +358 45 359 4434
Certified Advisor:
Aktia Alexander Corporate Finance Oy, tel. +358 50 520 4098
About Betolar Plc
Betolar Plc is a pioneering Finnish materials technology company driving the green transition in mining and construction. Betolar’s mission is to help reduce CO₂ emissions and the use of virgin natural resources.
Betolar develops low-carbon and waste-free solutions for the mining and metals industries, and its Geoprime® solution produces i.a. the world's lowest-emission hollow-core slabs. Betolar’s AI-powered Data Platform turns industrial side streams into value, accelerates solution development and builds global markets for side streams.
Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market. For more information, visit www.betolar.com