General Meeting of Shareholders

The ultimate decision-making power in Evli Bank is vested in the General Meeting, at which shareholders participate in the steering and supervision of the company. General Meetings are held at least once a year. The Annual General Meeting (AGM) is held upon completion of the annual financial statements, at a place and on a date designated by the Board of Directors no later than the end of June. An extraordinary general meeting will be convened if needed.

Matters within the shareholders’ decision-making power

Matters falling within the shareholders’ decision-making power are defined in the Articles of Association and in the Limited Liability Companies Act. The AGM decides on the following matters, among others:

  • The adoption of the financial statements
  • Decide on the use of profit shown on the adopted balance sheet
  • Decide on the discharge of the members of the Board of Directors and the CEO from liability
  • Decide on the remuneration of the members of the Board of Directors and the auditor
  • Decide on the number of members of the Board of Directors
  • Amendments to the Articles of Association and the raising of the share capital or the granting of the necessary authorization for that.

In addition, the AGM elects the members of the Board of Directors and auditors. The Annual General Meeting also deals with other possible issues, and the company's annual report and the auditor's report are presented.

Notice of the General Meeting

A notice of a General Meeting and the documents related to the General Meeting are published on www.evli.com and as a stock exchange release at the earliest 3 months before the record date for the General Meeting and at the latest 3 weeks before the General Meeting, provided it is at least 9 days before the record date for the General Meeting. The Board of Director can also decide to publish a notice of the General Meeting in one or more newspapers.

The minutes of the general meeting including potential voting results and appendices relating to the resolutions of the general meeting will be made available for shareholders’ review on www.evli.com within 2 weeks from the general meeting.

Annual General Meetings (AGM)

AGM 2019

Show content

Evli Bank Plc's Annual General Meeting 2019 was held on March 12, 2019 at 9:00 a.m. at the Helsinki Music Centre in Helsinki.

Registration and the right to participate

In order to attend and vote at the Annual General Meeting, shareholders:

  • must be registered in the company's shareholder register kept by Euroclear Finland Ltd by the record date February 28, 2019; and
  • must have registered for the Annual General Meeting no later than on March 4, 2019 at 4.00 pm.

In connection with the registration, the name of the shareholder, personal identification number/business ID, address, telephone number and the name of any assistant, authorized representative or legal representative, as well as the personal identification number of the representative shall be indicated. The personal information provided by shareholders to Evli is used only in connection with the General Meeting and the processing of the necessary registrations.

Data Protection Notice

Shareholders may attend the meeting themselves or through their authorized representative. The representative must present a letter of authorization or must otherwise reliably prove that he/she is entitled to represent the shareholder.

Shareholders can exercise their right to participate in a General Meeting and vote at a General Meeting personally or through an authorized representative. Each of the company’s A shares entitles the holder to twenty (20) votes, and each of the company’s B shares to one (1) vote at a General Meeting.

AGM materials and Notice to the AGM

Proposals to the AGM

Dividend

The Board of Directors proposes to the Annual General Meeting that a dividend of EUR 0.61 per series A and series B share be distributed. The dividend shall be paid to a shareholder who on the dividend record date March 14, 2019 is registered in the shareholders’ register of the company held by Euroclear Finland Ltd. The Board of Directors proposes that dividend be paid on March 21, 2019.

Proposed Board of Directors

Shareholders who represent approximately 75 percent of the company's voting shares propose that the following people be re-elected to the Board of Directors:

Henrik Andersin, born 1960
  • Member of the Board of Directors of Evli Bank Plc since 1985, Chairman of the Board since 2006. CEO of Evli Bank Plc 1994–2006
  • One of Evli Bank’s founding partners and main owners.
  • Chairman of the Board of Directors of Nokian Panimo Oy
  • M.Sc. (Econ.)
Robert Ingman, born 1961
  • Member of the Board of Directors of Evli Bank Plc since 2010
  • Chairman of the Boards of Directors of Ingman Group Oy Ab, Ingman Finance Oy Ab, Ingman Development Oy Ab, Digia Oyj, Etteplan Oy, Halti Oy, M-Brain Oy and Qt Group Ltd
  • M.Sc. (Tech.), M.Sc. (Econ. and Business Administration)
Mikael Lilius, born 1949
  • Member of the Board of Directors of Evli Bank Plc since 2010
  • Previously served as a Senior Advisor at Fortum Corporation
  • President and CEO of Fortum Corporation 2000–2009, and before this held various supervisory positions in the industry sector
  • Chairman of the Boards of Directors of Metso Oyj, Wärtsilä Oyj and Ahlström Capital Oy
  • B.Sc. (Econ. and Business Administration)
Teuvo Salminen, born 1954
  • Member of the Board of Directors of Evli Bank Plc since 2010
  • Various supervisory positions in Pöyry Plc 1985–2009
  • Chairman of the Board of Directors of Glaston Oyj and Havator Oy, Vice Chairman of the Board of Pöyry Oyj, Member of the Boards of Directors of Cargotec Oyj and 3Step It Group Oy
  • M.Sc. (Econ. and Business Administration)

In addition, shareholders who represent approximately 75 percent of the company's voting shares propose that the following people be elected as new members of the Board of Directors:

Fredrik Hacklin, born 1978
  • Professor of Entrepreneurship at Vlerick Business School, associate professor at ETH Zurich
  • Previous positions at Booz Allen Hamilton, Harvard University, Ericsson
  • Advised multinationals and governments on entrepreneurship, strategy and technology management
  • Ph.D. (Management), M.Sc. (Engineering)
Sari Helander, born 1967
  • Posti Group Corporation, Senior Vice President, Logistics Solutions
  • Previous positions: CFO for Posti Group Corporation. Vice President, Business Reporting & Control Nokia Corporation
  • Member of the Board of Directors of Oy Samlink Ab, Deputy Member of the Board of Directors of East Office and Member of the Supervisory Board of LocalTapiola General Mutual Insurance Company
  • M.Sc. (Econ.)

Instructions for Holders of Nominee-registered Shares

A holder of nominee registered shares has the right to participate in the General Meeting by virtue of such shares, based on which he/she on the record date of the General Meeting, i.e. on February 28, 2019, would be entitled to be registered in the shareholders’ register of the company held by Euroclear Finland Ltd. The right to participate in the General Meeting requires, in addition, that the shareholder based on such shares has been registered into the temporary shareholders’ register held by Euroclear Finland Ltd. no later than March 7, 2019 at 10 am. As regards nominee registered shares this constitutes due registration for the General Meeting.

A holder of nominee registered shares is advised to request without delay necessary instructions regarding the registration in the temporary shareholder's register of the company, the issuing of proxy documents and registration for the General Meeting from his/her custodian bank.

AGM 2018

Show content

Evli Bank Plc's Annual General Meeting 2018 was held on March 12, 2018 at 9:00 a.m. at Finlandia Hall in Helsinki.

Registration and the right to participate

In order to attend and vote at the Annual General Meeting, shareholders

  • must be registered in the company's shareholder register kept by Euroclear Finland Ltd by the record date February 28, 2018; and
  • must have registered for the Annual General Meeting no later than on March 5, 2018..

AGM materials

Proposals to the AGM

Dividend

The Board of Directors proposes to the Annual General Meeting that a dividend of EUR 0.52 per series A and series B share be distributed, totaling approximately EUR 12,183,818.40. The Board of Directors proposes that dividend be paid on March 21, 2018.

Proposed Board of Directors

Shareholders who represent approximately 75 percent of the company's voting shares propose that the following people be elected to the Board of Directors:

  • Henrik Andersin
  • Robert Ingman
  • Johanna Lamminen
  • Mikael Lilius
  • Teuvo Salminen

Instructions for Holders of Nominee-registered Shares

A holder of nominee registered shares has the right to participate in the General Meeting by virtue of such shares, based on which he/she on the record date of the General Meeting, i.e. on February 28, 2018, would be entitled to be registered in the shareholders' register of the company held by Euroclear Finland Ltd. The right to participate in the General Meeting requires, in addition, that the shareholder on the basis of such shares has been registered into the temporary shareholders' register held by Euroclear Finland Ltd. no later than March 7, 2018 at 10 a.m. As regards nominee registered shares this constitutes due registration for the General Meeting. A holder of nominee registered shares is advised to request without delay necessary instructions regarding the registration in the temporary shareholder's register of the company, the issuing of proxy documents and registration for the General Meeting from his/her custodian bank.