Resolutions of the Constitutive Meeting of the Board of Directors of Raute Corporation
Raute Corporation, Stock Exchange Release 15 April 2025 at 18:15 EEST
Resolutions of the Constitutive Meeting of the Board of Directors of Raute Corporation
Raute Oyj's new Board of Directors convened on Tuesday 15 April 2025 after the Annual General Meeting.
The Annual General Meeting elected Laura Raitio, Licentiate of Science (Technology), as the Chair of the Board of Directors and Joni Bask, M.Sc. (Tech.), as the Vice-Chair of the Board of Directors and Ari Harmaala, Engineer (Construction Technology), Ari Piik, B.Sc. (Econ.), Mikko Kettunen, M.Sc. (Econ.), Julius Manni, M.Sc. (Econ.) and Jenni Virnes, M.Sc. (Eng.) as members of the Board of Directors.
At its constitutive meeting, the Board of Directors elected Mikko Kettunen as the Chair of the Audit Committee and Jenni Virnes, Joni Bask and Julius Manni were elected as members of the Audit Committee.
Laura Raitio was elected as a Chair of the People Committee and Ari Harmaala and Ari Piik as members of the People Committee.
The composition of the committees remained unchanged.
The Board of Directors has also assessed the independence of its members. Joni Bask is assessed to be dependent on the company after more than 10 years on the Board of Directors, but he is independent of the company's significant shareholders. All other members of the Board of Directors are independent of the company and of the company's significant shareholders.
FURTHER INFORMATION:
Laura Raitio, Chair of Board of Directors tel. +358 50 386 0004
DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com
RAUTE IN BRIEF – Making Wood Matter
Raute acts as a partner for a sustainable future for the wood products industry. Our technologies cover various production processes as well as supporting digital and analyzer solutions for industrially manufactured wood products. In addition, we offer comprehensive service concepts from spare parts to regular maintenance and production modernizations. Our innovative technologies, software and service concepts are designed to support the efficient use of natural resources in our customers' production. Raute is the only turnkey supplier in the world that offers mill-wide technology solutions for veneer, plywood and LVL production. Raute's head office and largest production plant is located in Lahti. Our other production facilities are located in Kajaani, Vancouver, Canada, Changzhou, China and Pullman, Washington State, USA. In 2024, Raute's net sales were EUR 204.6 million The Group’s headcount at the end of 2024 was 783. More about Raute: www.raute.com.