1 februari, 2007
16:15 CET
Proposals of Rautaruukki's Nomination Committee regarding composition of the Board of Directors and board remunerations
Rautaruukki Oyj Stock Exchange Release 1 Feb 2007 at 17.15
The Shareholders' Nomination Committee of Rautaruukki has decided to propose to
the Annual General Meeting convening on 20 March 2007 that the number of Board
members remains unchanged at eight.
The Committee proposes that Mr Jukka Viinanen, Mr Christer Granskog, Ms Pirkko
Juntti, Ms Maarit Aarni-Sirviö, Mr Kalle J. Korhonen and Mr. Reino Hanhinen be re-
elected for a further term of office lasting one year. Moreover, the Committee
proposes that Mr Jukka Härmälä, President & CEO of Stora Enso Corporation, and Ms
Liisa Leino, Chairman of the Board of Leinovalu Oy, be appointed as new members
to the Board.
The Nomination Committeee further proposes that Mr Jukka Viinanen be re-elected
to continue as chairman of the Board of Directors and that Mr Reino Hanhinen be
elected deputy chairman.
Additionally, the Nomination Committee proposes that the remunerations of Board
members be as follows:
Monthly fees:
Chairman EUR 4,400
Deputy chairman EUR 3,000
Members EUR 2,400
The meeting fee is EUR 500 and is also paid for meetings of Board of Directors'
committees. Travel expenses are reimbursed in accordance with the company's
travel rules.
For further information, please contact:
Markku Tapio, Director General, Chairman of the Shareholders' Nomination
Committee, tel. +358 9 1606 3598
Rautaruukki Corporation
Taina Kyllönen
VP, Corporate Communications
Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and mechanical engineering industries. The company has a wide
selection of metal products and services. Rautaruukki has operations in 23
countries and employs 13,000 people. Net sales in 2005 totalled EUR 3.7 billion.
The company's share is quoted on the Helsinki Exchanges (Rautaruukki Oyj: RTRKS).
The Corporation has used the marketing name Ruukki since 2004.
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