The 2012 Annual General Meeting decided to establish a Nomination Board consisting of the shareholders or the representatives of the shareholders to prepare annually a proposal for the next AGM concerning the composition and remuneration of the Board of Directors.
The Nomination Board consists of the representatives of the four largest shareholders of Kemira Oyj based on the situation on May 31 preceding the AGM, and the Chair of Kemira Oyj’s Board of Directors acts as an expert member. The Group General Counsel acts as the Secretary of the Nomination Board.
Based on the ownership status of Kemira Oyj as of May 31, 2024, the shareholders represented in the Nomination Board are Oras Invest Oy, Varma Mutual Pension Insurance Company, Impax Asset Management plc and Ilmarinen Mutual Pension Insurance Company.
The representatives of the four largest shareholders in the Nomination Board are:
- Ville Kivelä, Chief Investment Officer, Oras Invest Oy
- Hanna Kaskela, Senior Vice-President, Sustainability and Communications, Varma Mutual Pension Insurance Company
- Lisa Beauvilain, Global Head of Sustainability & Stewardship, Executive Director, Impax Asset Management plc
- Annika Ekman, Head of Equities, Ilmarinen Mutual Pension Insurance Company
and as an expert member Matti Kähkönen, Chair of Kemira’s Board of Directors.
The Nomination Board has a Charter approved by the General Meeting that defines more precisely the process to elect its members and Chair as well as its tasks and meeting routines.