Shareholders' Nomination Committee

LapWall Oyj's Shareholders' Nomination Committee is a body established by the AGM, consisting of shareholders or their representatives. Its task is to annually (or as otherwise needed) prepare and present to the AGM proposals for the number of Board members, the composition of the Board, the Chairperson and Vice Chairperson of the Board, and the remuneration of the Board members.

The Nomination Committee shall be convened annually so that the three largest shareholders of the Company, who, at the end of the October preceding the AGM, have been registered in the shareholder register of the Company maintained by Euroclear Finland Oy as shareholders, are each invited to appoint one Member to the Nomination Committee. Nominee-registered shareholders are considered when determining the composition of the Nomination Committee if the nominee-registered shareholder submits a written request to this effect to the Company’s Board of Directors by the end of October preceding the AGM.

The term of office of the members of the Nomination Committee ends when the next Nomination Committee is appointed in accordance with the Rules of Procedure.
The Nomination Committee is convened by the Chairperson of the Board and the Nomination Committee elects a Chairperson from among its members.

Members of the Shareholders’ Nomination Committee 2023-2024:

1. Jarmo Pekkarinen
2. Timo Pekkarinen
3. Pohjanmaan Arvo Sijoitusosuuskunta*

*Pohjanmaan Arvo Sijoitusosuuskunta has announced that they will not exercise their right to participate and appoint. In accordance with the rules of procedure of LapWall’s Shareholders’ Nomination Committee, the right to participate and nominate was transferred to the fourth largest shareholder, Tuomas Ahola,on 31 October 2024.

Download the Rules of Procedure of the Shareholders’ Nomination Committee here