Raute Corporation Appoints Shareholders' Nomination Board Members

Raute Corporation announced on August 3, 2026, the composition of its Shareholders' Nomination Board. This board is responsible for preparing proposals for the company's Annual General Meeting concerning the election of board members and their compensation.

The members of the Nomination Board are appointed based on nominations from Raute's three largest shareholders, as determined by their holdings on the last business day of July 2026. This process ensures that significant shareholders have a voice in the nomination of board candidates.

Pekka Suominen has been appointed to the Nomination Board, representing both direct and indirect ownership through proxies. Other members, including Göran [add surname if available], have also been appointed to represent shareholder interests.

The Chairperson of Raute's Board of Directors requested the largest shareholders to appoint their representatives. The Nomination Board's activities are a key component of Raute Corporation's corporate governance framework, aiming to ensure board continuity and expertise.