Aspocomp Nomination Board Presents Proposals Ahead of 2026 AGM

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The Shareholders’ Nomination Board of Aspocomp Group Plc submits the following proposals to the Annual General Meeting, planned to be held on April 29, 2026. The proposals will also be included in the Notice to the Annual General Meeting 2026 to be published at the later date.

Number of Board members

The Shareholder’s Nomination Board proposes to the Annual General Meeting that four members be elected to the Board of Directors.

Members of the Board of Directors

The Shareholder’s Nomination Board proposes to the Annual General Meeting that the current members of the Board of Directors Ms. Jenni Enroth, Ms. Kaisa Kokkonen, Mr. Anssi Korhonen and Mr. Ville Vuori be re-elected as members to the Board of Directors. In accordance with the Articles of Association of the company, the term of office of the members of the Board of Directors ends at the closing of the next Annual General Meeting following the election.

The said director nominees have given their consent to the election.

The Nomination Board has assessed the director nominees’ independence against the independence criteria of the Finnish Corporate Governance Code. According to the evaluation carried out by the Nomination Board, all director nominees are independent of the company’s significant shareholders. The Nomination Board has also assessed that all nominees are independent of the company.

Board remuneration

Shareholder’s Nomination Board proposes to the Annual General Meeting that the remuneration of the Board of Directors be increased and paid as follows: EUR 35,000 for the chairman of the Board of Directors, EUR 25,000 for the vice chairman, and EUR 20,000 for each of the other members in remuneration for their term of office.

The Shareholder’s Nomination Board further proposes to the Annual General Meeting that no voluntary earning-related pension insurance contributions be paid for the remuneration of the Board of Directors. As a result, the proposed increase in remuneration will not generate additional costs for the company compared to the current level.

The Nomination Board further proposes that EUR 1,000 be paid as remuneration per meeting to the chairman and that the other members be paid EUR 500 per meeting of the Board and its committees. The Nomination Board also proposes that the members of the Board of Directors be reimbursed for reasonable travel costs.

Composition of Shareholder’s Nomination Board

Aspocomp’s Shareholders’ Nomination Board consists of three members who represent the company’s three largest shareholders. In addition, the Chairman of the company’s Board of Directors shall serve as an expert member of the Nomination Board unless he or she is appointed as an ordinary member of the Board. The three largest shareholders are determined annually based on the ownership information registered with the company’s shareholders’ register on the first business day of September. In case a shareholder does not wish to exercise their appointment right, then the right passes to the following largest shareholder who would otherwise have no appointment right.

The Shareholder’s Nomination Board, which prepared the proposals for the Annual General Meeting 2026, includes the following members: Ms. Ville Vuori, appointed by Etola Group and Erkki Etola, Mr. Kyösti Kakkonen, appointed by Joensuun Kauppa ja Kone Oy and Mr. Mikko Montonen, Aspocomp’s fourth largest shareholder.

Ville Vuori did not participate in the decision-making concerning the remuneration of the Board members.