General meeting of shareholders
Lemminkäinen's AGM is held annually within six months of the end of the previous financial year on a date determined by the Board of Directors. An Extraordinary General Meeting may be held if the Board of Directors deems it necessary, or if one is legally required.
The AGM decides on matters as required in the provisions of the Companies Act, such as adoption of the year-end financial statements, profit distribution, and the granting of discharge from liability to the members of the Board of Directors and to the President and CEO. The AGM also elects the members of the Board of Directors and the auditors and decides on the fees that will be paid to them.
The notice to the General Meeting is published on the Company's website no earlier than three months and no later than three weeks prior to the General Meeting. In addition, a summary of the notice may be published in one or more newspapers.
The right to attend a general meeting of shareholders is restricted to those shareholders who are registered on the Company's list of shareholders kept by Euroclear Finland Oy at least ten days prior to the meeting and who have registered for the meeting no later than on the date mentioned in the notice of a general meeting of shareholders. Nominee-registered shareholders can be included on the Company's list of shareholders temporarily for the purpose of attending a general meeting of shareholders. More detailed instructions for those nominee-registered shareholders who wish to attend a general meeting of shareholders can be found in the notice of a general meeting of shareholders. Lemminkäinen has one share class, and each share carries one vote at a general meeting of shareholders.
Lemminkäinen's Board of Directors is responsible for ensuring that the shareholders are provided in advance with adequate information on the matters to be dealt with at a general meeting of shareholders. This information is given in the notice of the general meeting, in other bulletins and releases, and on the Company's website.
The minutes of a general meeting of shareholders, including the voting results and the appendices of the minutes that are part of a decision made by the meeting, shall be posted on Lemminkäinen's website within two weeks of the general meeting.
Updated 9 November 2016