The Extraordinary General Meeting was held without a meeting venue using remote connection in real time, in accordance with Section 11 of the Articles of Association of the Company and Chapter 5, Section 16 Subsection 3 of the Finnish Limited Liability Companies Act.
Based on the Board of Directors’ proposal, the General Meeting resolved that the net amount of the annual fees of the members of the Board of Directors and the Chairmen of the Board of Directors’ Committees after deduction of taxes and charges, resolved upon at the Annual General Meeting 2024, shall be paid in Citycon Oyj shares, which are either new shares or treasury shares held by the Company.
For the sake of clarity, the amount of the annual fees and meeting fees of the Chairman and Deputy Chairmen of the Board of Directors, the Chairmen of the Board of Directors’ Committees and the ordinary members of the Board of Directors, resolved upon at the Annual General Meeting 2024, will remain unchanged. The conveyance of the remuneration shares takes place twice a year in two equal instalments. If any portion of the annual fee cannot be paid in shares due to legal or other regulatory restrictions or other reason attributable to the Company or a member of the Board, such portion of the annual fee shall be paid in full in cash.
Citycon Oyj’s Extraordinary General Meeting took place on 18 June 2024