The General Meeting is the Company’s highest decision-making body, at which the shareholders exercise their voting rights. At the General Meeting decisions are taken regarding matters such as the annual accounts, dividend, election of the Board of Directors and auditor and remuneration to Board members and auditor.
General Meetings are held in Helsinki.
The Annual General Meeting is held yearly before the end of May.
Every shareholder has the right to attend the General Meeting and propose matters to be dealt with at the General Meeting. The last date to make such a proposal to the Board of Directors will be announced on this website at the latest on 31 December.
A shareholder who is present at the General Meeting has the right to request information on matters to be considered at the meeting.
The notice convening a General Meeting is issued to shareholders on this website not earlier than three months prior to and not later than three weeks prior to the General Meeting. Decisions at the General Meeting are made by simple majority of votes, unless other majority requirements are set out in the Finnish Companies Act.
Each share in Nordea entitled to one vote. At General Meetings, each shareholder is entitled to vote for the full number of shares that he or she owns or represents. Nordea is not entitled to vote for its own shares at General Meetings.
Updated: September 2019
Nordea Bank Abp’s Shareholders’ Nomination Board was established with the task of presenting to the Annual General Meeting proposals concerning election of members of the Board of Directors, the chair of the Board of Directors and the remuneration to the board members and auditor.
The Nomination Board is constituted yearly on the basis of the shareholdings on 31 August the year preceding the annual general meeting. The mandate is valid until a new Nomination Board has been constituted.
The four largest shareholders in terms of votes who wish to participate in the nomination board are entitled to appoint one member each. In addition, the chair of the Board of Directors participates in the nomination board.
The composition of the Nomination Board:
- Kari Stadigh, appointed by Sampo Group
- Lars Ingemann Nielsen, Executive Vice President and CFO, Nordea-fonden
- Mikael Wiberg, Portfolio Manager, Alecta
- Christer Gardell, Managing Partner and co-founder, Cevian Capital AB
- Torbjörn Magnusson, Chair of the Board of Directors of Nordea Bank Abp
Kari Stadigh was appointed chairman of the Nomination Board.
Updated: September 2019