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Suominen Adds Two Nomination Board Members

Largest shareholders choose representation

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By: Karen McIntyre

Editor, Nonwovens Industry

Suominen’s three largest registered shareholders Ahlstrom Capital B.V., Etola Group Oy and Oy Etra Invest Ab have nominated the two members to the Shareholders’ Nomination Board. Lasse Heinonen, president & CEO of A. Ahlström Oy, will join as a member appointed by Ahlstrom Capital B.V., and Mikael Etola, CEO, Etola-Yhtiöt, will join as a member appointed by Etola Group Oy and Oy Etra Invest Ab

Jaakko Eskola, chair of Suominen’s board of directors, serves as the third member of the Nomination Board. The shareholders entitled to appoint members to the Nomination Board were determined on the basis of the registered holdings in the company’s shareholders’ register on September 1, 2023. In its organizing meeting on September 4, 2023 the Nomination Board has elected Heinonen as the Chair of the Nomination Board. The Nomination Board decided to invite Peter Seligson, Chair of the Board of Directors of A. Ahlström Oy, to attend the Nomination Board’s meetings as an advisor.

The Shareholders’ Nomination Board prepares the proposals on the number, composition, and remuneration of the members of the Board of Directors to the Annual General Meeting. The Nomination Board shall submit its proposals to the Board of Directors no later than February 1 prior to the Annual General Meeting.

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