DoD tests AI models that make it easy to switch from vendors like Palantir
HELSINKI - Sampo Oyj, the Finnish financial services group, announced the decisions made at its Annual General Meeting (AGM) held today. The AGM approved a dividend of €0.34 per share for the fiscal year 2024 and granted discharge from liability to the board members and CEO for the same period.
The AGM also authorized the board to decide on the repurchase of the company’s shares. Representing approximately 64.91% of all shares and 64.96% of all votes, shareholders present at the meeting or represented by proxy endorsed all proposals made by the board and its committees.
Dividend payments are scheduled to be made to shareholders registered in the shareholder’s list held by Euroclear Finland Oy, VP Securities A/S in Denmark, and Euroclear Sweden AB for Swedish depositary receipt holders. The payments will be executed on May 6, 2025, for shareholders and May 8, 2025, for depositary receipt holders.
In board elections, the number of members was reduced by one to eight. Christian Clausen, Steve Langan, Risto Murto, Antti Mäkinen, Markus Rauramo, Astrid Stange, and Annica Witschard were re-elected, while Sara Mella joined as a new member. Georg Ehrnrooth and Jannica Fagerholm did not stand for re-election. Antti Mäkinen was elected as chairman and Risto Murto as vice-chairman.
The board members, deemed independent according to the Securities Market Association’s Corporate Governance Code 2025, will receive increased remuneration until the next AGM. The chairman will receive €243,000 (previously €235,000), the vice-chairman €140,000 (previously €135,000), and other members €108,000 (previously €104,000), with additional fees for committee chairs and members.
Board members are required to purchase Sampo Oyj’s A-series shares worth 50% of their net annual remuneration after taxes and statutory charges, unless they already own shares worth at least double their gross annual remuneration. The company will cover any transfer taxes from share purchases.
The AGM reappointed Deloitte Oy as the company’s auditor and sustainability reporting verifier for the fiscal year 2025, with Jukka Vattulainen continuing as the principal auditor.
The AGM also approved the executive remuneration report in an advisory vote and granted the board authority to repurchase up to 250 million A-series shares, approximately 9.29% of all issued A-series shares, to be potentially canceled. This authorization is valid until the next AGM or for a maximum of 18 months from the AGM decision.
Details of the AGM decisions and the remuneration report are available on Sampo’s website, and the minutes of the meeting will be accessible to shareholders by May 7, 2025.
This article is based on a press release statement from Sampo Oyj.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.