Kojamo summons to Annual General Meeting - dividend proposed at EUR 0.39 per share

Helsinki – Real estate company Kojamo plc, also known for its Lumo housing, has invited its shareholders to an Annual General Meeting to be held on Thursday, March 16, 2023, at 10:00 a.m. in Pikku-Finlandia, Helsinki. The meeting will approve the 2022 financial statements, and the Board of Directors proposes a dividend of EUR 0.39 per share.

The meeting will also review the adoption of the financial statements for 2022 as proposed by the board. The Board recommends that EUR 37,110,542 of the company's distributable funds, totaling EUR 251,059,319, be paid out as a dividend, amounting to EUR 0.39 per share. The proposed record date for dividend payment is March 20, 2023, with payments scheduled for April 5, 2023.

Further agenda items include a resolution on granting discharge of liability for the members of the Board of Directors and the CEO for the financial year 2022. The Board also proposes the approval of the remuneration report for governing bodies, though this resolution is advisory.

The Shareholders' Nomination Board has put forward proposals regarding the number of board members, their remuneration, and their election. The Nomination Board suggests maintaining the current board size at seven members. Proposed annual fees include EUR 72,500 for the Chairman of the Board, EUR 43,000 for the Vice Chairman, and EUR 36,000 for other members. A meeting attendance fee of EUR 700 per meeting is also proposed.

Shareholders have the option to follow the Annual General Meeting via a webcast. Advance voting is also available, with detailed instructions provided on the company's website. However, the webcast will not allow for questions, counter-proposals, or participation in voting.