Published: 2019-05-16 15:20:00 CEST
Componenta Oyj
Decisions of general meeting
Resolutions of the Annual General Meeting of Componenta
Componenta Corporation Stock Exchange Release on 16 May 2019 at 16.20

Annual General Meeting of Componenta Corporation, held on 16 May 2019,
the financial statements and the consolidated financial statements for
financial period from 1 January to 31 December 2018 and discharged the
of the Board of Directors and the CEO from liability concerning the

Dividend payout

In accordance with the proposal of the Board of
Directors, the General Meeting
resolved that no dividend shall be distributed
for the financial period ended on
31 December 2018.

Board of Directors

General Meeting resolved that the annual remuneration payable to the
of the Board shall be 50,000 euro and the remuneration payable to other
of the Board of Directors shall be 25,000 euro. In addition, the members
possible committees of the Board of Directors will be paid an
remuneration of 5,000 euro. Travel expenses of the members of the Board
Directors shall be compensated in accordance with the Company’s travel

The number of the members of the Board of Directors was resolved to be
four (4).
The General Meeting resolved to re-elect Anne Leskelä, Asko Nevala
and Petteri
Walldén, all currently members of the Board Directors, and to elect
Harri Pynnä
as a new member of the Board of Directors.

In its organizational
meeting immediately following the Annual General Meeting,
the Board of
Directors elected Petteri Walldén as the Chairman of the Board and
Anne Leskelä
as the Vice Chairman of the Board.


The General Meeting elected
Authorised Public Accountants PricewaterhouseCoopers
Oy as the company’s
auditor. The Auditor with principal responsibility is APA
Samuli Perälä. The
auditor is remunerated according to the invoice approved by

Amendment of the Articles of Association

The General Meeting
resolved to amend the Articles of Association of the company
so that general
meetings may be held, in addition to the domicile of the
company, alternatively
in Vantaa, Espoo or Karkkila.

After the amendment, Section 8 of the Articles
of Association reads as follows:

“8. Notice of General Meeting

The notice of
the General Meeting shall be delivered by releasing the notice of
meeting on
the company’s webpage and as stock exchange release no more than
three (3)
months and no less than three (3) weeks prior to the General Meeting,
always at least nine (9) days prior to the record date of the General
The Board of Directors may in addition decide to announce the notice of
in other ways.

A shareholder wishing to participate in the General Meeting
shall register
his/her participation as required in the notice of meeting and
at the latest on
the date stated in the notice, which date may be no earlier
than ten (10) days
before the meeting.

The general meeting of shareholders may
be held either at the company's domicile
or in Vantaa, Espoo or

Minutes of the meeting

The minutes of the General Meeting will be
available on Componenta’s website at as of 30 May 2019, at
the latest.


Harri Suutari
President and CEO

further information, please contact:

Harri Suutari
President and CEO
tel. +358
10 403 2200

Marko Karppinen
tel. + 358 10 403 2101

Componenta is an
international technology company. Componenta specializes in
supplying cast and
machined components to its global customers, who are
manufacturers of vehicles,
machines and equipment. The company’s share is listed
on Nasdaq Helsinki.