The AGM 2019 decided to establish a permanent Shareholders' Nomination Board to prepare proposals for the Annual General Meeting -- and, if necessary, for an Extraordinary General Meeting -- for the election and remuneration of the members of the Board of Directors and to identify potential Board member candidates.
According to the decision of the AGM, the Shareholders' Nomination Board comprises one member appointed by each of the four largest shareholders of Konecranes Plc. The shareholders entitled to appoint a member are determined on the basis of the shareholders' register of the Company maintained by Euroclear Finland Ltd. on 31 August each year.
The following members were appointed to Konecranes’ Shareholders Nomination Board for the term 2019-2020:
- Peter Therman, Deputy Chairman of the Board of Directors of Hartwall Capital, appointed by HC Holding Oy Ab with 7,901,238 shares
- Antti Mäkinen, CEO of Solidium, appointed by Solidium Oy with 5,832,256 shares
- Risto Murto, CEO of Varma Mutual Pension Insurance Company, appointed by Varma Mutual Pension Insurance Company with 2,634,951 shares, and
- Stig Gustavson, appointed by Stig Gustavson and family with 2,366,157 shares.
In addition, Christoph Vitzthum, the Chairman of the Board of Directors of Konecranes, serves as an expert in the Nomination Board without being a member.
The now appointed Nomination Board will forward its proposals for the 2020 Annual General Meeting to the Board of Directors by 31 January 2020.
The Charter of the Shareholder's Nomination Board can be consulted through this link.