The following members have been appointed to Wärtsilä’s Shareholders’ Nomination Board:
Petra Hedengran, General Counsel, Head of Corporate Governance, Investor AB, appointed by Invaw Invest AB
Markus Aho, Chief Investment Officer, Varma Mutual Pension Insurance Company
Mikko Mursula, Deputy CEO, Investments, Ilmarinen Mutual Pension Insurance Company
Carl Pettersson, CEO, Elo Mutual Pension Insurance Company
Tom Johnstone, Chairman of the Board of Directors of Wärtsilä
Wärtsilä’s Shareholders’ Nomination Board consists of five members. Four representatives are nominated by the company’s four largest shareholders, with the fifth member being the Chairman of Wärtsilä’s Board of Directors. The four largest shareholders are determined on the basis of the shareholders’ register maintained by Euroclear Finland Ltd. as of 1 June preceding the Annual General Meeting of shareholders.
The Shareholders’ Nomination Board prepares and presents to the General Meeting proposals relating to the composition and remuneration of the Board of Directors. In addition, the Nomination Board reviews and adjusts the diversity principles of the Board of Directors, as necessary, and does successor planning of the directors.