Decisions made at Elo’s Annual General Meeting

Elo’s Annual General Meeting, held on 23 April 2018, elected new members to the Supervisory Board and appointed the company’s auditor. The Annual General Meeting approved the financial statements and the consolidated financial statements, decided on the disposal of the profit in accordance with the proposal of the Board of Directors, and released from liability the members of the Supervisory Board and the Board of Directors, and the Managing Director. Additionally, the Annual General Meeting decided on changes to be made to Elo's Articles of Association.

CEO Antti Rantalainen (Rantalainen Group Oy) and Vice Chair Lasse Laurikainen (Union of Professional Engineers in Finland) were elected as new members of the Supervisory Board for the term of 2018–2021. Additionally, Chairman of the Board Nanna Hietala (MSK Group) and Managing Director Tommi Sova (Intrum Justitia Oy) were elected to serve as members of the Supervisory Board until the Annual General Meeting in 2020, and EVP Esa Neuvonen (YIT Group) until the Annual General Meeting in 2021.

The following members whose term expired were re-elected: Ilkka Brotherus, Antti Hakala, Maija Hjelt, Sauli Huikuri, Kalle Kujanpää, Veli-Matti Kuntonen, Timo Mäki-Ullakko, Jukka Tikka, Pentti Virtanen, Jaana Ylitalo and Satu Yrjänen.

The Annual General Meeting decided that there will be no changes to the annual fees payable to the Chairman and Deputy Chairmen of the Supervisory Board, or to the meeting fees payable to the members. More detailed information about the fees has been published in the salary and remuneration report on Elo’s website.

The KHT audit firm Ernst & Young Oy was appointed as the auditor for Elo.