STOCK EXCHANGE RELEASE
December 1, 2009 at 5.10 pm EET
Outokumpu's Annual General Meeting of March 24, 2009 decided to
establish a Shareholders' Nomination Committee to prepare proposals
on the composition of the Board of Directors along with director
remuneration for the following Annual General Meeting.
The Annual General Meeting also decided that the Shareholders'
Nomination Committee consists of the representatives of Outokumpu's
three largest shareholders, registered in the Finnish book-entry
securities system on November 2, 2009, which accept the assignment.
The Shareholders' Nomination Committee of Outokumpu consists of the
following three shareholders: Solidium Oy, The Social Insurance
Institution of Finland and Ilmarinen Mutual Pension Insurance
Company.
These shareholders have nominated the following persons as their
representatives on the Shareholders' Nomination Committee: Kari
Järvinen, CEO (Solidium Oy); Jorma Huuhtanen, Director General (The
Finnish Social Insurance Institution) and Harri Sailas, CEO
(Ilmarinen Mutual Pension Insurance Company). The Chairman of the
Outokumpu Board of Directors Ole Johansson and member of the Board
Evert Henkes serve as expert members.
The Committee has today in its first meeting elected Kari Järvinen as
Chairman among its members.
The Shareholders' Nomination Committee is required to submit its
proposals to the Board of Directors of the company latest on February
1, 2010.
OUTOKUMPU OYJ
Corporate Management
Outokumpu is a global leader in stainless steel. Our vision is to be
the undisputed number one in stainless, with success based on
operational excellence. Customers in a wide range of industries use
our stainless steel and services worldwide. Being fully recyclable,
maintenance-free, as well as very strong and durable material,
stainless steel is one of the key building blocks for sustainable
future. Outokumpu operates in some 30 countries and employs some 8
000 people. The Group's head office is located in Espoo, Finland.
Outokumpu has been listed on the NASDAQ OMX Helsinki since 1988.
www.outokumpu.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.