HELSINKI--(BUSINESS WIRE)--Regulatory News:
Tieto (HEX:TIE1V) (STO:TIEN)
Tieto Corporation STOCK EXCHANGE RELEASE 14 September 2015, 2 pm EET
Tieto’s Shareholders' Nomination Board comprises four members annually nominated by the largest shareholders and the Chairman of the Board of Directors of the company.
The largest shareholders were determined on the basis of the shareholdings registered in the Finnish and Swedish book-entry systems on 31 August 2015. The shareholders who wished to participate in the work of the Shareholders’ Nomination Board have nominated the following members: Martin Oliw, Partner, Cevian Capital AB, Kari Järvinen, Managing Director, Solidium Oy, Timo Ritakallio, President and CEO, Ilmarinen Mutual Pension Insurance Company, Timo Sallinen, Head of Listed Securities, Varma Mutual Pension Insurance Company and Markku Pohjola, Chairman of the Board of Directors, Tieto Corporation.
The representative of the largest shareholder shall act as Chairman unless otherwise decided by the Shareholders' Nomination Board.
The Annual General Meeting 2010 of Tieto Corporation decided to establish a Shareholders’ Nomination Board for the time being. The Nomination Board prepares proposals for the election and remuneration of the chairman and members of the Board of Directors to the Annual General Meeting. The charter of the Nomination Board is available on the company’s website at http://www.tieto.com/investors/tietos-governance/shareholders-nomination-board.
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Tieto is the largest IT services company in the Nordics providing full lifecycle IT services. We also provide global product development services for companies in the communications and embedded technologies arena. Through industry insight, technology vision, and innovative thinking, Tieto proactively strives to inspire and engage our customers in finding new ways of accelerating their business.
Building on a strong Nordic heritage, Tieto combines global capabilities with local presence. Headquartered in Helsinki, Finland, Tieto has over 13 000 experts in more than 20 countries. Turnover is approximately EUR 1.5 billion. Tieto’s shares are listed on NASDAQ in Helsinki and Stockholm. www.tieto.com
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