Resolutions by the Annual General Meeting of Municipality Finance Plc held on 26 March 2013
The Annual General Meeting of Municipality Finance Plc held on 26 March 2013 adopted the company’s financial statements and discharged the members of the Board of Directors and the CEO from liability for the financial year 2012. The Annual General Meeting decided that no dividend will be distributed.
Board of Directors and remuneration
The number of Board members was confirmed at seven instead of the previous eight members. Eva Liljeblom (Chairman) Fredrik Forssell (Vice Chairman), Teppo Koivisto, Sirpa Louhevirta, Asta Tolonen and Juha Yli-Rajala were re-elected as Board members and Tuula Saxholm was elected as a new member. Additional information on the Board members can be found on the company website atwww.munifin.fi.
The Annual General Meeting confirmed the fees payable to Board members for the term 2013–2014. The fees correspond with the fees paid for the previous term: annual remuneration of a Board member EUR 15,000, annual remuneration of the Vice Chairman of the Board EUR 18,000, annual remuneration of the Chairman of the Board EUR 30,000 and a meeting fee of EUR 500 per Board and committee meeting to members and EUR 800 per meeting to the chairmen.
Election of the auditor and fees
The Annual General Meeting re-elected KPMG Oy Ab as the company’s auditor for a term starting at the end of the Annual General Meeting and ending at the close of the next Annual General Meeting. It was decided that the auditor’s fee will be paid against invoice.
Additional information on the company’s operations in 2012 is available in the company’s Annual Report, which can be downloaded in PDF format from the company website at www.munifin.fi.
Municipality Finance Plc
President and CEO
Tel. +358 500 406 856