Anora Group Oyj clarifies articles of association details

Helsinki, Finland – Anora Group Oyj has clarified its articles of association, outlining the foundational rules for its governance and operations. The company's name is Anora Group Plc in English, Anora Group Oyj in Finnish, and Anora Group Abp in Swedish. The registered office is located in Helsinki, Finland.

The company's line of business encompasses the manufacturing, import, and sale of alcoholic beverages, other drinks, and ethanol. Operations also extend to biotechnical products, cosmetic and detergent products, agricultural food and feed components, and products made from renewable resources. Additionally, Anora offers training, technology sales, and laboratory services related to these industries.

The articles of association also detail the structure of Anora's Board of Directors, which must comprise at least three and a maximum of eight members. The term of office for board members ends at the close of the first Annual General Meeting following their election. The Board elects its Chairman and Vice Chairman from among its members. The company is represented by board members and the CEO jointly, or by designated individuals.

Anora's financial year aligns with the calendar year. The company will have one auditor, which must be an approved auditing firm. General Meetings are convened by publishing a notice on the company's website no more than three months and no less than three weeks before the meeting date. While General Meetings are typically held in Helsinki, they can also be organized remotely using telecommunication and technical means.

Key decisions addressed at the Annual General Meeting include the adoption of financial statements, the distribution of profits, and the discharge of liability for the Board of Directors and CEO. The meeting also elects the members of the Board and the auditor.