Annual report 2016

General Meeting of the Shareholders

Posti’s highest decision-making body is the General Meeting of Shareholders. It resolves the issues as defined for General Meetings in the Companies Act and the company’s Articles of Association, among other things.

  • approving the financial statements
  • deciding on the distribution of dividends
  • discharging the members of the Supervisory Board, Board of Directors and CEO from liability for the financial year
  • electing the members of the Supervisory Board and Board of Directors as well as the auditors and deciding on their remuneration

A General Meeting of Posti Group Corporation is held at least once a year, at no later than the end of April. If needed, the company may also hold Extraordinary General Meetings. The invitation to the General Meetings of Shareholders is sent by the Board of Directors latest eight days before the meeting. Posti Group Corporation does not publish its Shareholders’ General Meeting invitations on the company’s website, as it has only one shareholder, as previously described.

Annual General Meeting 2016

Posti’s Annual General Meeting (AGM) was held on 23 March 2016. All 40,000,000 shares and votes were present. The AGM approved the financial statements and discharged the members of the Supervisory Board, Board of Directors and the company’s President & CEO from liability for the financial year 2015. The AGM approved the Board of Directors’ proposal to pay a dividend of EUR 18.0 million. The dividend was paid on 4 April 2016.

Representatives of the State of Finland, the Chair of the Board of Directors, company management and the auditor were present at the AGM.

Extraordinary General Meeting 2016

Posti held an Extraordinary General Meeting on 27 October 2016. All 40,000,000 shares and votes were present. The meeting elected Juha Pylväs as a new member of the Supervisory Board to replace Marisanna Jarva, who had resigned.