Correction regarding the Stock exchange release September 16, 2020 at 3:30 pm
local time (EET). All decisions of the AGM were not made unanimously.
Biohit Oyj Decisions of the Annual General Meeting September 16, 2020
The Annual General Meeting (AGM) of Biohit Oyj held on Wednesday September 16,
2020 approved the financial statements of the parent company and the
consolidated financial statements, and discharged the members of the Board of
Directors and the President and CEO from liability for the financial year 2019.
The remuneration policy for the company’s members of the Board of Directors and
President & CEO presented to the Annual General Meeting was approved by the
Annual General Meeting.
Distribution of dividends
The AGM resolved in accordance with the proposal of the Board of Directors that
no dividend is paid for the financial period ended on December 31, 2019.
Members of the Board of Directors
The AGM resolved that seven (7) members are elected to the Board of Directors
and that professor Osmo Suovaniemi, CEO Franco Aiolfi, emeritus professor Matti
Härkönen, Commercial Counsellor Eero Lehti, Ph.D. Lea Paloheimo, CEO Liu Feng
and professor Timo Joensuu are elected as members of the Board of Directors
until the end of the next AGM.
Additionally, the AGM resolved that the Chairman of the Board of Directors and
the other Board members are paid a meeting fee of EUR 1,500.
Election of the Auditor and remuneration for the Auditor
The AGM elected authorized public accountants PricewaterhouseCoopers Oy as the
company’s auditor until the end of the next AGM and that the auditor is paid
remuneration according to invoice presented by the auditor.
Authorization of the Board of Directors to decide on the issue of shares and to
issue special rights entitling the receipt of shares
The AGM resolved to authorise the Board of Directors to decide on the issue of
shares and to issue special rights referred to in Chapter 10, section 1 of the
Limited Liability Companies Act entitling the receipt of shares with the
following terms and conditions:
The maximum number of new Series B shares to be issued pursuant to the special
rights is 3,000,000, which corresponds to approximately 24.9% of the company’s
all existing Series B shares.
The authorisation includes the Board of Directors’ entitlement to decide on all
terms and conditions regarding the issue of special rights. The share issue and
the issue of special rights entitling to the receipt of shares can occur in
derogation from the pre-emptive subscription right of the shareholders (direct
share issue).
The authorisation remains valid for two (2) years from the resolution of the
AGM. This authorisation replaces the former authorisations.
The minutes of the AGM will be available for review by shareholders by September
21, 2020 on the company’s website (www.biohithealthcare.com/investors) and at
the corporate headquarters of Biohit Oyj, located at Laippatie 1, 00880
Helsinki.
Additional information:
CEO Semi Korpela, Biohit Oyj
tel. +358 9 773 861
investor.relations@biohit.fi
www.biohithealthcare.com