Decision Making Procedure

Corporate Governance

Decision-making Procedure Concerning the Remuneration

Decisions on the remuneration payable for Technopolis Plc’s Board members for Board and Committee work are made annually by the company’s Annual General Meeting (AGM) on the basis of a proposal prepared by the Shareholders’ Nomination Board.

The company’s Board of Directors ratifies the principles applied to the remuneration of the personnel and incentive schemes and decides on the company’s short-term and long-term remuneration schemes. Decisions on the remuneration of the CEO and other members of the Group Management Team are made by the Board of Directors of Technopolis. The Board is supported by the Remuneration and HR Committee whose key tasks include preparing and developing the principles pertaining to the remuneration of the personnel and the company’s remuneration schemes, as well as monitoring the transparency, expediency and competitiveness of the remuneration schemes.

Authorizations Granted to the Board of Directors Concerning Remuneration

The AGM held on 20 March 2018 authorized the Board to decide on the issuance of shares as well as the issuance of special rights entitling to shares. More information on the authorizations is available in the stock exchange release regarding the decisions of the Annual General Meeting 2018.

Last updated 11.7.2018