Key Decisions from Valmet Oyj's Recent Annual General Meeting and Board Organization

Key Decisions from Valmet Oyj's Annual General Meeting and Board Organization

Valmet Oyj, a prominent player in the technology sector, recently convened its Annual General Meeting (AGM) in Helsinki on March 25, 2026, where several pivotal decisions were made. This meeting was not only instrumental in shaping Valmet's operational roadmap but also provided insights into the company’s governance and financial strategies.

Adoption of Financial Statements and Discharge of Liability

During the AGM, the Financial Statements for the fiscal year 2025 were adopted. The assembly acknowledged the performance of the Board of Directors and the President and CEO, acquitting them of liability related to their duties for that financial year.

Dividend Announcement

A highlight of the AGM was the decision to distribute a dividend of €1.35 per share for the financial year ending December 31, 2025. The dividend will be issued in two installments: the first installment of €0.68 per share will be accessible to shareholders on record dated March 27, 2026, with payments commencing on April 9, 2026. The second installment of €0.67 per share is scheduled for October 2026, contingent upon the shareholders' record, which will be confirmed in a meeting on September 29, 2026.

Board Composition and Director Remuneration

The AGM reaffirmed the structure of the Board of Directors, setting its membership at eight. Pekka Vauramo was re-elected as Chair, with Annika Paasikivi serving as Vice-Chair. Other board members maintaining their positions include Anu Hämäläinen, Pekka Kemppainen, Annareetta Lumme-Timonen, Monika Maurer, Bernd Eikens, and Jonas Gustavsson. The current term for these board members will extend until the next AGM in 2027.

Regarding remuneration, the board has set new compensation benchmarks: the Chair will receive €163,000, the Vice-Chair will earn €90,000, and each board member will be compensated €71,000 annually. Additional fees for committee roles have also been structured, along with travel allowances for board members participating in meetings.

Share Repurchase and Issuance Authorizations

In a move reflecting confidence in its market position, Valmet's AGM approved a proposal to repurchase up to 9.2 million of its own shares, equating to around 5.0% of total shares, using the company's unrestricted equity. The Board was also authorized to issue a total of 18.5 million shares, equating to about 10.0% of total shares, providing flexibility for strategic growth and funding.

Amendments to the Charter of the Nomination Board

Additionally, adjustments were made to the Charter of the Nomination Board, promptly setting the technical date for identifying shareholders eligible for designating board members to June 1, aligning other associated dates accordingly.

Conclusions and Future Steps

The decisions taken during this AGM not only reflect Valmet's robust governance but also its commitment to delivering shareholder value and navigating the evolving market landscape effectively. With the incoming dividends and share repurchase programs, shareholders can anticipate a prominent return on investment.

For further inquiries, interested parties may contact Rasmus Oksala, General Counsel, or Pekka Rouhiainen, VP of Investor Relations, for additional context or specifics regarding these determinations.

This AGM underscores Valmet's strategy to solidify its market positioning while maintaining a robust governance framework. As the company prepares for its future, these decisions will undoubtedly play a crucial role in enhancing shareholder engagement and trust.