Nathalie Ahlström is proposed to be elected new member of the Board.
Peter Seligson is not available for re-election.
The Nomination Board recommends that Jaakko Eskola is elected chairman of the Board of Directors and Elisabet Salander Björklund is elected vice chairman of the Board of Directors.
Nathalie Ahlström (born 1974), Finnish Citizen, Master of Science in Technology / Industrial Economy and Paper Technology / Åbo Akademi University, is since 2018 EVP Confectionery, member of GMT at Fazer Group. Prior to joining Fazer Group, Ahlström held senior positions at Amcor Ltd (VP & GM, High Performance Laminates, 2016-2018, director Strategy and M&A, 2014 –2016, VP & GM Indonesia, Singapore and India / VP Strategy South and Southeast Asia, 2012-2014). During 2005-2012, Ahlström held several roles within strategy and sourcing at Huhtamäki. Ahlström started her career at Pöyry Management Consulting where she held analyst and consultancy positions between 1999 and 2005.
Ahlström was a member of the board of Ahlstrom Corporation in 2012. She is independent of the company and its significant shareholders.
The members of the Board of Directors are elected for the period ending at the close of the next Annual General Meeting. All the nominees are considered independent of the company and of the significant shareholders of the company, except for Lasse Heinonen and Alexander Ehrnrooth who are not independent of significant shareholders of the company. Heinonen is not independent of the company’s significant shareholder AC Invest Five B.V. in the parent company of which, Ahlström Capital Oy, he is the president and CEO. Ehrnrooth is not independent of the company’s significant shareholder Viknum AB, in the parent company of which, Virala Corporation, he is the president and CEO and a member of the Board of Directors.
The nominees have given their consent to the election.