(Stock Exchange Release)
The shareholders’ Nomination Committee of Kemira Oyj has decided to propose to the Annual General Meeting to be held on April 16, 2007, that Kemira’s current Board of Directors be re-elected for the next term of office, and that the Board’s Chairman and Vice-chairman be re-elected. The proposed composition of the board is thus as follows:
Anssi Soila (Chairman of the board), Eija Malmivirta (Vice chairman of the board), Elizabeth Armstrong, Heikki Bergholm, Ove Mattsson, Kaija Pehu-Lehtonen and Markku Tapio.
The nomination committee has further decided to propose to the Annual General Meeting that the remuneration of members of the Board remain at its current level as follows:
Monthly fees: EUR
Chairman 4,500.00
Vice Chairman 3,250.00
Other members 2,550.00
Fees per meeting: EUR
Members living in Finland 600.00
Members living elsewhere in Europe 1,200.00
Members living outside Europe 2,400.00
For further information, please contact:
Ministry of Trade and Industry
Pekka Timonen, Chairman of the Nomination Committee, Chief Counsellor, tel. +358 (0)50 5822 284
Kemira Oyj
Jukka Hakkila, Secretary of the Nomination Committee, tel. +358 (0)10 862 1690
Timo Leppä, Executive Vice President, Group Communications, tel. +358 (0)10 862 1700
Kemira is a chemicals group made up of four business areas: pulp and paper chemicals, water treatment chemicals, performance chemicals and paints. Kemira is a global group of leading chemical businesses with a unique competitive position and a high degree of mutual synergy.
In 2005, Kemira recorded revenue of around EUR 2 billion and had a payroll of 8,000 employees. Kemira operates on all continents, in 40 countries.