Investors

Proposals by the Shareholders' Nomination Board

Deciding the remuneration of the members of the Board of Directors

The Shareholders’ Nomination Board proposes to the AGM that the annual remuneration paid to the Chair of the Board of Directors, the Vice Chair, and the other members of the Board for their term of office lasting until the conclusion of the next AGM shall remain unchanged, in other words that the Chair will receive EUR 66,000 a year, the Vice Chair EUR 49,200 a year, and other members EUR 35,400 a year each.

In addition, members of the Board of Directors would receive an attendance payment of EUR 600 for each Board or Committee meeting held in the member’s home country and 1,200 EUR for each Board or Committee meeting held in another country, plus compensation for expenses in accordance with the Company's travel policy. The meeting fee for telephone meetings will be paid according to the fee payable for meetings held in each member's home country.

Deciding the number of members of the Board of Directors

The Shareholders’ Nomination Board proposes to the AGM that the number of Board members shall be confirmed at seven.

Election of the Chair, the Vice Chair, and the members of the Board of Directors

The Shareholders’ Nomination Board proposes to the AGM that the following members Mr. Jorma Eloranta, Ms. Maija-Liisa Friman, Ms. Laura Raitio, Mr. Jean-Baptiste Renard, Mr. Willem Schoeber, Ms. Kirsi Sormunen and Mr. Marco Wirén be re-elected to sit until the conclusion of the next AGM.  

The Shareholders’ Nomination Board proposes that Mr. Jorma Eloranta continue as Chair and Ms. Maija-Liisa Friman as Vice Chair.

All the above individuals have given their consent to the duties mentioned, and all information relevant to their work on the Board of Directors related to the nominated candidates is presented on the company website, www.neste.com

Espoo, 25 January 2016
Shareholders' Nomination Board
of Neste Corporation

Read the press release