Metso Nomination Board Proposes Changes to Board Composition and Remuneration
The Shareholders’ Nomination Board of Metso Corporation has proposed changes to the composition of the Board of Directors and adjustments to director remuneration. Two current board members will not seek re-election.
Metso Corporation's Shareholders’ Nomination Board has put forward proposals for changes in the Board of Directors' composition and remuneration for the upcoming Annual General Meeting (AGM). The AGM, scheduled for April 22, 2026, will consider a proposal to maintain the Board at nine members.
The Nomination Board proposes the re-election of seven existing members. However, Brian Beamish and Reima Rytsölä have announced they will not be available for re-election. Matts Rosenberg and Petra Sundström are proposed as new members to fill these vacancies. Kari Stadigh is proposed for re-election as Chair, and Klaus Cawén as Vice Chair.
Accompanying these changes are proposed increases in the fixed annual remuneration for Board members. The Chair's remuneration is proposed to increase to EUR 181,000 from EUR 176,500, the Vice Chair's to EUR 89,500 from EUR 88,300, and other members' to EUR 72,500 from EUR 71,500. Remuneration for committee chairs and members is also slated for an increase.
Furthermore, the Nomination Board proposes that Board members be required to purchase Metso shares using a portion of their remuneration, ranging from 20% to 40% of their fixed annual compensation. This purchase is to be executed within two weeks following the publication of the interim report for the first quarter of 2026. Meeting fees are proposed to remain unchanged. The Board of Directors will include these proposals in the notice for the 2026 AGM.