Resolutions of Marimekko Corporation’s Annual General Meeting and the Board of Directors’ constitutive meeting


Marimekko Corporation, Stock Exchange Release, 14 April 2021 at 4 p.m.

Resolutions of Marimekko Corporation’s Annual General Meeting and the Board of Directors’ constitutive meeting

At Marimekko Corporation’s Annual General Meeting, held today, and at the subsequent constitutive meeting of the Board of Directors, the following resolutions were passed.


Adoption of the financial statements

Marimekko Corporation’s income statement and balance sheet and the consolidated income statement and balance sheet for 2020 were adopted.

Payment of dividend

As proposed by the Board of Directors, the AGM authorized the Board to decide on the payment of a maximum dividend of EUR 1.00 per share in one or several instalments at a later stage. The authorization is valid until the next AGM. The company will publish the possible decision on dividend payment separately and, at the same time, confirm the pertinent record and payment dates.

Discharge from liability

The members of the Board of Directors and the President and CEO of the company were discharged from liability for the financial year 1 January–31 December 2020.

Adoption of the remuneration report for governing bodies

The AGM adopted the remuneration report for governing bodies.

Remuneration of the members of the Board of Directors

The AGM resolved that the annual remuneration payable to the members of the Board be as follows: EUR 48,000 to the Chairman, EUR 35,000 to the Vice Chairman and EUR 26,000 to the other Board members. It was further resolved that a separate remuneration be paid for committee work to persons elected to a committee as follows: EUR 2,000 per meeting to Chairman and EUR 1,000 per meeting to members. The fees payable to the members of the Board are unchanged from 2020.

In accordance with the resolution by the AGM, approximately 40% of the annual remuneration of the members of the Board of Directors will be paid in Marimekko Corporation’s shares acquired from the market and the rest in cash. The shares will be acquired directly on behalf of the Board members within two weeks from the release of the interim report for 1 January–31 March 2021 or if this is not possible due to insider rules, as soon as possible thereafter. The annual remuneration will be paid entirely in cash, if a Board member on the date of the AGM, 14 April 2021, holds the company´s shares worth more than EUR 1,000,000.

Board of Directors

The AGM resolved that the company’s Board of Directors consist of seven members. Elina Björklund, Mika Ihamuotila, Mikko-Heikki Inkeroinen and Catharina Stackelberg-Hammarén were re-elected to the Board and Carol Chen, Jussi Siitonen and Tomoki Takebayashi were elected as new members of the Board of Directors. The Board’s term of office ends at the conclusion of the next AGM.

Election and remuneration of the auditor

It was decided to re-elect KPMG Oy Ab, Authorized Public Accountants, as the company’s auditor, with Virpi Halonen, Authorized Public Accountant, as the auditor with principal responsibility. It was also resolved that the auditor’s fee will be paid as per invoice approved by the company.

Authorization of the Board of Directors to decide on the acquisition of the company´s own shares

The AGM authorized the Board of Directors to decide on the acquisition of a maximum of 100,000 of the company´s own shares, which represents approximately 1.2% of the total number of the company´s shares at the time of the proposal, in one or more instalments. The shares would be acquired with funds from the company´s non-restricted equity, which means that the acquisition would reduce funds available for distribution. The shares would be acquired otherwise than in proportion to the shareholdings of the shareholders through public trading on Nasdaq Helsinki Ltd at the market price prevailing at the time of acquisition and in accordance with the rules and regulations of Nasdaq Helsinki Ltd. The shares would be acquired to be used as a part of the company´s incentive compensation program, to be transferred for other purposes or to be cancelled. The Board of Directors is authorized to decide on all of the other terms and conditions of the acquisition of the shares. The authorization is valid until 14 October 2022, and it supersedes the authorization granted by the 2020 AGM.

Authorization of the Board of Directors to decide on issuance of new shares and transfer of the company´s own shares

The AGM authorized the Board of Directors to decide on the issuance of new shares and the transfer of the company´s own shares in one or more instalments. The total number of shares to be issued or transferred pursuant to the authorization may not exceed 120,000 new or treasury shares, which represents approximately 1.5% of the total number of the company´s shares at the time of the proposal. Pursuant to the authorization, the Board may decide on a directed share issue in deviation from the shareholders´ pre-emptive rights for a weighty financial reason, such as the company´s incentive compensation plan, developing the company´s capital structure, using the shares as consideration in possible company acquisitions or carrying out other business transactions. The share issue may be subject to a charge or free. A directed share issue can be free of charge only if there is a particularly weighty financial reason for the company and taking into account the interests of all of the company’s shareholders. The subscription price of the new shares and the amount paid for the company´s own shares would be recorded in the company’s reserve for invested non-restricted equity. The Board of Directors is authorized to decide on all of the other terms and conditions of the share issue. The authorization is valid until 14 October 2022, and it supersedes the authorization granted by the 2020 AGM.


From among its members, the Board of Directors elected Mika Ihamuotila as Chairman of the Board and Elina Björklund as Vice Chairman of the Board. The Board also elected Elina Björklund as Chairman and Mikko-Heikki Inkeroinen, Jussi Siitonen and Catharina Stackelberg-Hammarén as members of the Audit and Remuneration Committee. All members of the committee are independent of the company and its significant shareholders.


The minutes of the AGM can be viewed on the company’s website at under Investors/Management/General Meeting as of 28 April 2021 at the latest.

Corporate Communications

Anna Tuominen
Tel. +358 40 5846944

Nasdaq Helsinki Ltd
Key media

Marimekko is a Finnish lifestyle design company renowned for its original prints and colors. The company’s product portfolio includes high-quality clothing, bags and accessories as well as home décor items ranging from textiles to tableware. When Marimekko was founded in 1951, its unparalleled printed fabrics gave it a strong and unique identity. Marimekko products are sold in about 40 countries. In 2020, brand sales of the products worldwide amounted to EUR 285 million and the company's net sales were EUR 124 million. Roughly 150 Marimekko stores serve customers around the globe. The key markets are Northern Europe, the Asia-Pacific region and North America. The Group employs about 420 people. The company’s share is quoted on Nasdaq Helsinki Ltd.

About GlobeNewswire

One Liberty Plaza - 165 Broadway
NY 10006 New York

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Marimekko and UNIQLO announce a new spearhead collaboration collection celebrating summer6.5.2021 09:00:00 CEST | Press release

Marimekko Corporation, Press release, 6 May 2021 at 10.00 a.m. Marimekko and UNIQLO, a Japanese global apparel retailer, are happy to announce a new limited edition capsule collection for Spring/Summer 2021. The UNIQLO x Marimekko collection, celebrating midsummer traditions, represents one of the spearhead collaborations for UNIQLO in 2021, and will be available from 19 May onward. The new capsule is inspired by the joy and optimism of Nordic midsummer. The collection features dresses and other timeless wardrobe staples as well as accessories for women and children in iconic, summery Marimekko patterns by Fujiwo Ishimoto, Maija Isola, Maija Louekari and Annika Rimala. Following the success of the earlier limited edition UNIQLO x Marimekko collaborations, the capsule combines Marimekko’s colorful and cheerful prints with UNIQLO’s high-quality, functional and accessible LifeWear made for all. The collection will be available in all UNIQLO markets except Japan, Indonesia, and India. Most

Van Lanschot Kempen completes share buy-back programme6.5.2021 08:30:00 CEST | Press release

Amsterdam/’s-Hertogenbosch, the Netherlands, 6 May 2020 Van Lanschot Kempen today announced that it has successfully completed its share buy-back programme. In the last period, between 4 May 2021 and 5 May 2021, Van Lanschot Kempen repurchased 17,700 of its own shares (depositary receipts for Class A ordinary shares) at an average price of €24.21 per share for a total amount of €428,567. A total of 400,000 shares have been repurchased under the programme at an average price of €23.63 per share, representing a total amount of €9,451,734. The programme was announced on 25 February 2021. The repurchased shares will be used to cover the depositary receipts to be allocated to employees under existing remuneration policies and share plans. More information, including a detailed overview of all repurchase transactions under this programme, is available at Media Relations: +31 20 354 45 85; Investor Relations: +31 20

HOYLU AB: NUMBER OF USERS INCREASED 9% IN APRIL6.5.2021 08:30:00 CEST | Press release

Stockholm, Sweden, May 6, 2021 – Hoylu, a leader in visual collaboration solutions for distributed teams, today announced user numbers and Annual Recurring Revenue (“ARR)” as of the end of April 2021. The report for April 2021 is attached to this press release and is available on Hoylu's web site: ( For more information, please contact: Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email: Karl Wiersholm, CFO at Hoylu +1 425 829 2316 Email: About Hoylu Hoylu’s mission is to empower distributed teams to collaborate easily and seamlessly while always staying in sync. Hoylu’s Connected Workspaces™ helps enterprises as well as small and medium companies run projects, programs, and initiatives across time zones and continents with the same level of engagement and clarity as if everyone were working in the same room. For more information: Try Hoylu for free: Ticker

HOYLU AB: ANTAL ANVÄNDARE ÖKADE MED 9% I APRIL6.5.2021 08:30:00 CEST | Pressemelding

Stockholm, Sverige, 6 maj 2021 – Hoylu, ledande inom visuella samarbetslösningar för distribuerade team, presenterade idag antal användare och Årliga återkommande intäkter (ARR) från och med slutet av april 2021. Rapporten för april 2021 bifogas detta pressmeddelande och finns tillgänglig på bolagets hemsida: ( För mer information kontakta: Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email: Karl Wiersholm, CFO at Hoylu +1 425 829 2316 Email: Om Hoylu Hoylus uppdrag är att ge distribuerade team möjlighet att samarbeta enkelt och sömlöst samtidigt som de alltid håller sig synkroniserade. Hoylus Connected Workspaces™ hjälper företag såväl stora som små att driva projekt, program och initiativ över olika tidszoner och kontinenter med samma engagemang och tydlighet som om alla arbetade i samma rum. För mer information: Testa Hoylu gratis: Kortnamn: Hoylu Markna

Statkraft AS: Result for the first quarter6.5.2021 08:00:00 CEST | Press release

Record-high operating result (Oslo, 6 May 2021) Higher power prices and increasedgeneration resulted in a record-high underlying operating result. Statkraft continued to deliver on its strategy and initiated new renewable projects in the quarter. The underlying EBIT was NOK 7.2 billion in the quarter, an increase of NOK 3.1 billion from the first quarter last year. “The underlying operating result was the best ever achieved in a single quarter, following higher Nordic power prices and successful energy management”, says CEO Christian Rynning-Tønnesen. The average Nordic system price was 42.3 EUR/MWh, an increase of 26.9 EUR compared with the low price in the first quarter of 2020. Total power generation increased by 16 per cent to 20.6 TWh. A strengthening of NOK against EUR had a positive effect on net financial items, which ended at NOK 1.5 billion. Net profit was NOK 4.8 billion, an increase of NOK 6.7 billion compared with the result in the first quarter last year. Cash flow from o

Bayport Management Limited Appointment of Board Chairperson6.5.2021 08:00:00 CEST | Press release

APPOINTMENT OF BOARD CHAIRPERSON The Board of Bayport Management Ltd (“BML” or the “Company”) wishes to apprise its shareholders and the general public that Nicholas Haag has been appointed as the Chairperson of the Board of the Company, from April 2021. Mr. Haag has served as an Independent Non-Executive Director of the Company since 2016. Mr. Haag has had a 30- year career in the finance industry with various institutions including Barclays, ABN AMRO and the Royal Bank of Scotland. Most recently, Mr. Haag was a member of the Boards of TBC Bank Group PLC and Citadele Bank Group. Mr. Haag holds a First-Class Honours Degree from the University of Oxford. By order of the Board 6 May 2021 For additional information, please contact: David Rajak Investor Relations Executive ( / +27 11 236 7300) This information is information that Bayport Management Ltd is obliged to make public in accordance with the EU Market Abuse Regulation. The information was submitted for p

Statkraft AS: Resultat for første kvartal6.5.2021 08:00:00 CEST | Pressemelding

Rekordhøyt driftsresultat (Oslo, 6.mai 2021) Høyere kraftpriser og -produksjon ga Statkraft et rekordhøyt underliggende driftsresultat. Statkraft fortsetter å levere på strategien, og initierte flere nye fornybarprosjekter i kvartalet. Underliggende driftsresultat var 7,2 milliarder kroner i kvartalet, en forbedring på 3,1 milliarder kroner sammenlignet med samme kvartal i fjor. - Det underliggende driftsresultatet er det beste i et enkeltstående kvartal noensinne og er et resultat av høyere nordiske kraftpriser og vellykket energidisponering, sier konsernsjef Christian Rynning-Tønnesen. Den gjennomsnittlige nordiske systemprisen var 42,3 EUR/MWh. Det er en økning på 26,9 EUR/MWh sammenlignet med de lave prisene i første kvartal 2020. Samlet kraftproduksjon var 20,6 TWh, en økning på 16 prosent. En styrking av norske kroner mot euro hadde en positiv effekt på netto finansposter som endte på 1,5 milliarder kroner. Resultat etter skatt endte på 4,8 milliarder kroner, en forbedring på 6,7