SAMPO PLC                        DECISIONS OF GENERAL MEETING      2 
June 2020 at 3:00 pm 
   Decisions of Sampo plc's Annual General Meeting 
   The Annual General Meeting of Sampo plc, held today on 2 June 2020, 
decided to distribute a dividend of EUR 1.50 per share for 2019. The 
record date for dividend payment is 4 June 2020 and the dividend will be 
paid on 11 June 2020. The Annual General Meeting adopted the financial 
accounts for 2019 and discharged the Board of Directors and the CEO from 
liability for the financial year. 
   The Annual General Meeting elected eight members to the Board of 
Directors. The following members were re-elected to the Board: Christian 
Clausen, Fiona Clutterbuck, Jannica Fagerholm, Johanna Lamminen, Risto 
Murto, Antti Mäkinen and Björn Wahlroos. Georg Ehrnrooth was 
elected as a new member to the Board. The Members of the Board were 
elected for a term continuing until the close of the next Annual General 
   At its organizational meeting, the Board elected Björn Wahlroos as 
Chairman and Jannica Fagerholm as Vice Chairperson. Christian Clausen, 
Risto Murto, Antti Mäkinen and Björn Wahlroos (Chair) were 
elected to the Nomination and Remuneration Committee as well as Fiona 
Clutterbuck, Georg Ehrnrooth, Jannica Fagerholm (Chair) and Johanna 
Lamminen were elected to the Audit Committee. 
   All the proposed Board members have been determined to be independent of 
the company and its major shareholders under the rules of the Finnish 
Corporate Governance Code 2020. The curriculum vitaes of the Board 
Members are available at 
   The Annual General Meeting decided to pay the following fees to the 
members of the Board of Directors until the close of the 2021 Annual 
General Meeting: the Chair of the Board will be paid an annual fee of 
EUR 180,000 and other members of the Board will be paid EUR 93,000 each. 
Furthermore, the members of the Board and its Committees will be paid 
the following annual fees: the Vice Chair of the Board EUR 26,000, the 
Chair of the Audit Committee EUR 26,000 and the member of the Audit 
Committee EUR 6,000. A Board member shall in accordance with the 
resolution of the Annual General Meeting acquire Sampo plc's A shares at 
the price paid in public trading for 50 per cent of his/her annual fee 
excluding taxes and similar payments. 
   The Annual General Meeting accepted Sampo plc's Remuneration Policy for 
Governing Bodies. The resolution on the Remuneration Policy is advisory. 
   Ernst & Young Oy was elected as Auditor. The Auditor will be paid a fee 
determined by an invoice approved by Sampo. Kristina Sandin, APA, will 
act as the principally responsible auditor. 
   The Annual General Meeting authorized the Board to repurchase a maximum 
of 50,000,000 Sampo A shares. The price paid for the shares repurchased 
under the authorization shall be based on the current market price of 
Sampo A shares on the securities market. The authorization will be valid 
until the close of the next Annual General Meeting, nevertheless not 
more than 18 months after AGM's decision. 
   There were altogether 320,359,477 shares (57.7 per cent of shares) and 
325,159,477 votes (58.0 per cent of all votes) in the company 
represented, including advance voting and a proxy representation, at the 
general meeting. The voting results of the AGM are available on a table 
attached to this release. 
   The proposals approved by the Annual General Meeting as well as Sampo 
plc's Remuneration Policy for Governing Bodies were published in stock 
exchange releases on 6 May 2020. The documents are available in their 
entirety at 
   The minutes of the Annual General Meeting will be available for viewing 
www.sampo.com/agm and at Sampo plc's head office at Fabianinkatu 27, 
Helsinki, Finland, by the end of 2 June 2020. 
   Jarmo Salonen 
   Head of Investor Relations and Group Communications 
   tel. +358 10 516 0030 
   Maria Silander 
   Communications Manager, Media Relations 
   tel. +358 10 516 0031 
   Mirko Hurmerinta 
   IR & Communications Specialist 
   tel. +358 10 516 0032 
   Voting results of the Annual General Meeting 
Board proposals for the AGM                For       Against     from voting 
-------------------------------------  -----------  ----------  ------------ 
                                       324,021,533      0        1,129,051 
Adoption of the Financial Statements     (99.7%)      (0.0%)       (0.3%) 
-------------------------------------  -----------  ----------  ------------ 
Resolution on the use of the 
 profit shown on the balance           319,743,404  5,414,388      1,685 
 sheet and the payment of dividend       (98.3%)      (1.7%)       (0.0%) 
-------------------------------------  -----------  ----------  ------------ 
Resolution on the discharge 
 of the members of the Board 
 of Directors and the Group 
 CEO and President from liability      318,554,928  1,114,282    5,471,036 
 for the financial year 2019             (98.0%)      (0.3%)       (1.7%) 
-------------------------------------  -----------  ----------  ------------ 
Handling of the Remuneration           293,746,087  31,394,406     10,147 
 Policy for Governing Bodies             (90.3%)      (9.7%)       (0.0%) 
-------------------------------------  -----------  ----------  ------------ 
Resolution on the remuneration 
 of the members of the Board           321,536,423  3,588,264      26,000 
 of Directors                            (98.9%)      (1.1%)       (0.0%) 
-------------------------------------  -----------  ----------  ------------ 
Resolution on the number of            323,608,052  1,531,758      9,451 
 members of the Board of Directors       (99.5%)      (0.5%)       (0.0%) 
-------------------------------------  -----------  ----------  ------------ 
Election of the members of             299,832,320  24,065,032   1,253,333 
 the Board of Directors                  (92.2%)      (7.4%)       (0.4%) 
-------------------------------------  -----------  ----------  ------------ 
Resolution on the remuneration         312,596,797  12,552,228     1,647 
 of the Auditor                          (96.1%)      (3.9%)       (0.0%) 
-------------------------------------  -----------  ----------  ------------ 
                                       305,615,094  19,526,331     9,215 
Election of the Auditor                  (94.0%)      (6.0%)       (0.0%) 
-------------------------------------  -----------  ----------  ------------ 
Authorizing the Board of Directors 
 to decide on the repurchase 
 of the company's own shares           322,320,335   2,645,093       192,039 
-------------------------------------  -----------  ----------  ------------ 
   Nasdaq Helsinki 
   London Stock Exchange 
   The principal media 
   Financial Supervisory Authority 

(END) Dow Jones Newswires

June 02, 2020 08:15 ET (12:15 GMT)

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