Proposals by Huhtamäki Oyj's Nomination Committee of Board of Directors to the Annual General Meeting of Shareholders
Composition and Remuneration of the Board of Directors
The Nomination Committee of the Board of Directors proposes that the Board of Directors shall consist of eight (8) members.
The Nomination Committee proposes that to the Board of Directors, until the end of the Annual General Meeting of Shareholders following the election, would be re-elected Ms. Eija Ailasmaa, Mr. George V. Bayly, Mr. Rolf Börjesson, Mr. Robertus van Gestel, Mr. Mikael Lilius, Mr. Anthony J.B. Simon and Mr. Jukka Suominen.
As a new member of the Board of Directors, the Nomination Committee proposes Ms. Siaou-Sze Lien to be elected.
Ms. Siaou-Sze Lien (born 1950) has been working as Senior Executive Coach in Mobley Group Pacific Ltd. since November 6, 2006. Mobley Group Pacific Ltd. is a management consulting firm focusing on assisting organizations and management teams to enhance their effectiveness, particularly in China and the Asia-Pacific region. Prior to joining Mobley Group Pacific, Ms. Lien worked for 28 years in several positions in Hewlett-Packard, her latest position was Senior Vice President, Hewlett-Packard Services Asia-Pacific. Ms. Lien holds a Master's Degree in Computer Science from the Imperial College of London, UK. She is currently pursuing her Ph.D. in Cross-Cultural Management at Cambridge University, UK. Ms. Lien's current key positions of trust are member of the Board of Trustees of Nanyang Technological University in Singapore, member of the Board of Governors of Republic Polytechnic Singapore, and Board member of Luvata Ltd. in Finland.
All the individuals proposed above have given their consent to the election.
The Annual General Meeting of Shareholders held on March 31, 2008 confirmed the following annual remuneration for the members of the Board of Directors: for the Chairman EUR 90,000, for the Vice Chairman EUR 55,000 and for other members EUR 45,000. In addition, a meeting fee of EUR 500 per meeting shall be paid to all members for the Board and Board Committee meetings they attend. Travelling expenses shall be compensated in accordance with the Company policy.
The Nomination Committee proposes the remuneration for the members of the Board of Directors to be kept unchanged.
Mr. Mikael Lilius, Chairman of the Board of Directors, Tel. +358 (0)10 452 9100