FINLAND (News release) -- In response to the coronavirus infection risk, Ahlstrom-Munksjö has decided to make certain changes to the practical arrangements of its Annual General Meeting at Finlandia hall, in Helsinki on March 25, 2020, at 13:00 EET.
At the same time as the Board recognizes the exceptional circumstances, it strives to maintain the corporate governance as smoothly as possible and to ensure the best interests of the company and its shareholders by organizing the Annual General Meeting according to the agreed time schedule. Ahlstrom-Munksjö will take precautionary measures at the event and reschedule CEO's review to a live webcast in Finnish for all its stakeholders following the Annual General Meeting at 16:00 EET on the same day, with the possibility to ask questions.
In light of the current situation Ahlstrom-Munksjö specifically underlines the possibility for shareholders to refrain from attending in person and instead exercise their shareholder rights by way of proxy representation. For further details relating to the proxy arrangements and how to issue a proxy, please see www.ahlstrom-munksjo.com/agm-2020.
Precautionary measures at the event: · Hand sanitizers will be available at the premises · No refreshments will be served · There will be no product exhibition · Standing microphones will be used instead of circulating microphones in the audience · Seating arrangement provides extra space between the attendees
The meeting will be kept as short as possible while fulfilling all legal requirements. Review by the CEO will be kept to a minimum. A live webcast of the meeting will be available starting from 13:00 EET on the company's website www.ahlstrom-munksjo.com for shareholders who wish to follow the meeting but choose to not to attend. It will not be possible to exercise voting rights or ask questions via the webcast.
The two largest shareholders of Ahlstrom-Munksjö, AC Invest Five B.V. and Viknum AB, have indicated that they will vote in favor of all the Board and Nomination Board proposals, which represents the required majority for valid decisions at the AGM given the current level of registrations.
Ahlstrom-Munksjö is actively following the situation and attendees are further advised to at all times follow the instructions and recommendations of the Finnish health authorities, see www.thl.fi/en.