Decisions of the organising meeting of Kesko Corporation's Board of Directors
The organising meeting of Kesko Corporation's Board of Directors, held after the Annual General Meeting, decided to leave the compositions of its committees unchanged.
The members of the Board of Directors' Audit Committee are Maarit Näkyvä (Chairman), Seppo Paatelainen and Keijo Suila. The members of the Board of Directors' Compensation Committee are Heikki Takamäki (Chairman), Pentti Kalliala and Keijo Suila. The committees' terms of office always expire at the Annual General Meeting.
On the basis of the evaluation of independence carried out by the Board of Directors, all members of the Audit Committee are independent of the company and its significant shareholders.
The members of the Board of Directors elected by the Annual General Meeting held on 27 March 2006 are retailer Pentti Kalliala, Ilpo Kokkila, Executive Vice President Maarit Näkyvä, Seppo Paatelainen, Keijo Suila (Deputy Chairman), retailer Jukka Säilä and retailer Heikki Takamäki (Chairman).
The term of office of each Board member, in accordance with the Articles of Association, is three (3) years with the term starting at the close of the General Meeting electing the member and expiring at the close of the third (3rd) Annual General Meeting after the election (in 2009).
Further information is available from Corporate Secretary, Director Mika Majoinen, telephone +358 1053 22206.
Kesko Corporation
Harri Utoslahti
Communications Manager
DISTRIBUTION
Helsinki Stock Exchange
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