Notice to the Annual General Meeting of Stora Enso Oyj
Stora Enso has announced its Annual General Meeting (AGM) to be held on March 20, 2025, at Marina Congress Center in Helsinki, Finland. Key points include:
The Board proposes a dividend of EUR 0.25 per share, to be paid in two installments: EUR 0.13 on April 2, 2025, and EUR 0.12 on October 2, 2025. The company's distributable capital as of December 31, 2024, was EUR 1.44 billion.
The Shareholders' Nomination Board proposes increasing Board members' remuneration by 3%, with the Chair to receive EUR 221,728, Vice Chair EUR 125,186, and members EUR 85,933. The Board will have nine members, with Elena Scaltritti and Antti Vasara proposed as new members.
The Board seeks authorization to repurchase up to 2,000,000 R shares (approximately 0.25% of all shares) for incentive and remuneration schemes.
Stora Enso ha annunciato la sua Assemblea Generale Annuale (AGM) che si terrà il 20 marzo 2025, presso il Marina Congress Center di Helsinki, Finlandia. I punti principali includono:
Il Consiglio propone un dividendo di 0,25 EUR per azione, che sarà pagato in due rate: 0,13 EUR il 2 aprile 2025 e 0,12 EUR il 2 ottobre 2025. Il capitale distribuibile della società al 31 dicembre 2024 era di 1,44 miliardi di EUR.
Il Consiglio di Nomina degli Azionisti propone un aumento del 3% della remunerazione dei membri del Consiglio, con il Presidente che riceverà 221.728 EUR, il Vice Presidente 125.186 EUR, e i membri 85.933 EUR. Il Consiglio avrà nove membri, con Elena Scaltritti e Antti Vasara proposti come nuovi membri.
Il Consiglio richiede l'autorizzazione per riacquistare fino a 2.000.000 di azioni R (circa lo 0,25% di tutte le azioni) per schemi di incentivazione e remunerazione.
Stora Enso ha anunciado su Junta General Anual (AGM) que se llevará a cabo el 20 de marzo de 2025, en el Marina Congress Center de Helsinki, Finlandia. Los puntos clave incluyen:
La Junta propone un dividendo de 0,25 EUR por acción, a pagar en dos plazos: 0,13 EUR el 2 de abril de 2025 y 0,12 EUR el 2 de octubre de 2025. El capital distribuible de la compañía al 31 de diciembre de 2024 era de 1,44 millones de EUR.
La Junta de Nombramientos de Accionistas propone un aumento del 3% en la remuneración de los miembros de la Junta, con el Presidente recibiendo 221.728 EUR, el Vicepresidente 125.186 EUR, y los miembros 85.933 EUR. La Junta estará compuesta por nueve miembros, siendo Elena Scaltritti y Antti Vasara propuestos como nuevos miembros.
La Junta busca autorización para recomprar hasta 2.000.000 acciones R (aproximadamente el 0,25% de todas las acciones) para esquemas de incentivos y remuneraciones.
Stora Enso는 2025년 3월 20일 핀란드 헬싱키의 마리나 컨그레스 센터에서 열릴 예정인 연례 주주 총회를 발표했습니다. 주요 사항은 다음과 같습니다:
이사회는 주당 0.25 유로의 배당금을 제안하며, 이는 두 차례에 걸쳐 지급됩니다: 2025년 4월 2일 0.13 유로, 2025년 10월 2일 0.12 유로. 2024년 12월 31일 기준 회사의 분배 가능 자본은 14억 4천만 유로였습니다.
주주 추천 위원회는 이사회의 보수를 3% 인상할 것을 제안하며, 의장은 221,728 유로, 부의장은 125,186 유로, 이사는 85,933 유로를 받게 됩니다. 이사회는 9명으로 구성되며, 엘레나 스칼트리티와 안티 바사라가 새로운 이사로 제안되었습니다.
이사회는 인센티브 및 보상 계획을 위해 최대 2,000,000개의 R주식을 재매입할 수 있는 권한을 요청합니다 (모든 주식의 약 0.25%).
Stora Enso a annoncé sa prochaine Assemblée Générale Annuelle (AGM) qui se tiendra le 20 mars 2025, au Marina Congress Center à Helsinki, Finlande. Les points clés incluent :
Le Conseil propose un dividende de 0,25 EUR par action, à verser en deux tranches : 0,13 EUR le 2 avril 2025 et 0,12 EUR le 2 octobre 2025. Le capital distribuable de l'entreprise au 31 décembre 2024 s'élevait à 1,44 milliard d'EUR.
Le Comité de nomination des actionnaires propose d'augmenter la rémunération des membres du Conseil de 3 %, avec le Président recevant 221.728 EUR, le Vice-Président 125.186 EUR, et les membres 85.933 EUR. Le Conseil comptera neuf membres, avec Elena Scaltritti et Antti Vasara proposés comme nouveaux membres.
Le Conseil souhaite obtenir l'autorisation de racheter jusqu'à 2.000.000 d'actions R (environ 0,25 % de toutes les actions) pour des programmes d'incitation et de rémunération.
Stora Enso hat seine Jahreshauptversammlung (AGM) für den 20. März 2025 im Marina Congress Center in Helsinki, Finnland, angekündigt. Zu den wichtigsten Punkten gehören:
Der Vorstand schlägt eine Dividende von 0,25 EUR pro Aktie vor, die in zwei Raten gezahlt wird: 0,13 EUR am 2. April 2025 und 0,12 EUR am 2. Oktober 2025. Das ausschüttbare Kapital des Unternehmens betrug am 31. Dezember 2024 1,44 Milliarden EUR.
Der Nominierungsausschuss schlägt eine Erhöhung der Vergütung der Vorstandsmitglieder um 3% vor, wobei der Vorsitzende 221.728 EUR, der stellvertretende Vorsitzende 125.186 EUR und die Mitglieder 85.933 EUR erhalten werden. Der Vorstand wird aus neun Mitgliedern bestehen, wobei Elena Scaltritti und Antti Vasara als neue Mitglieder vorgeschlagen werden.
Der Vorstand bittet um Erlaubnis, bis zu 2.000.000 R-Aktien (ca. 0,25% aller Aktien) für Anreiz- und Vergütungsprogramme zurückzukaufen.
- Dividend payment of EUR 0.25 per share proposed
- Company has EUR 1.44 billion in distributable capital
- 2024 profit of EUR 57.3 million
- None.
STORA ENSO OYJ STOCK EXCHANGE RELEASE 11 February 2025 at 8:30 a.m. EET
The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Thursday 20 March 2025.
Shareholders can also exercise their voting rights by voting in advance. Instructions for advance voting are presented in this notice under section C. Instructions for the participants in the AGM.
The AGM will be conducted in the Finnish language. Simultaneous translation will be available in the meeting room into the English and, when relevant, Finnish languages.
Before the AGM, at 2:30-3:30 p.m. Finnish time, Stora Enso's President and CEO Hans Sohlström and CFO Niclas Rosenlew will be available in Marina Congress Center to discuss with the shareholders. The event is not part of the AGM and will be held in Finnish with simultaneous translation into English. In connection with the event, shareholders can present questions to the Company's management, but the event will not be a forum for decision-making. Questions presented at the event are thus not questions referred to in Chapter 5, Section 25 of the Finnish Companies Act.
A. Matters on the agenda of the AGM
At the AGM, the following matters will be considered:
1. Opening of the meeting
2. Calling the meeting to order
3. Election of persons to confirm the minutes and to supervise the counting of votes
4. Recording the legality of the meeting
5. Recording the attendance at the meeting and adoption of the list of votes
6. Presentation of the annual accounts, the report of the Board of Directors and the auditor's report for the year 2024
- President and CEO's report
Stora Enso's annual accounts, the report of the Board of Directors (including the Sustainability Statement), the auditor's report and assurance report on the sustainability statement will be available on the Company's website at storaenso.com/agm as of 13 February 2025.
7. Adoption of the annual accounts
8. Resolution on the use of the profit shown on the balance sheet and the distribution of dividend
The parent company's distributable capital as at 31 December 2024 was
The Board of Directors proposes to the AGM that a dividend of
The first dividend instalment,
The second dividend instalment,
If the payment of the dividend is prevented due to applicable law, regulation or unexpected circumstances, the Board of Directors will resolve, as soon as practically possible, on a new record date and payment date.
Dividends payable for Euroclear Sweden registered shares will be forwarded by Euroclear Sweden AB and paid in Swedish crowns. Dividends payable to ADR holders will be forwarded by Citibank N.A. and paid in US dollars.
9. Resolution on the discharge of the members of the Board of Directors and the CEO from liability for the financial period 1 January 2024-31 December 2024
10. Adoption of the Remuneration Report
The Board of Directors proposes that the AGM adopts the Remuneration Report for the financial year 2024. The resolution by the AGM on the adoption of the Remuneration Report is advisory.
The Remuneration Report will be available on the Company's website at storaenso.com/agm as of 13 February 2025.
11. Adoption of the Remuneration Policy
The Board of Directors proposes that the AGM adopts the updated Remuneration Policy. The Remuneration Policy was previously presented to the Annual General Meeting on 15 March 2022.
The updated Remuneration Policy is available on the Company's website at storaenso.com/agm and published as an attachment to this notice. The resolution by the AGM on the adoption of the updated Remuneration Policy is advisory.
12. Resolution on the remuneration for the members of the Board of Directors
The Shareholders' Nomination Board proposes to the AGM as announced on 12 December 2024 that the annual remuneration for the Chair, Vice Chair and other members of the Board of Directors be increased by
Board of Directors
Chair | |
Vice Chair | |
Members |
The Shareholders' Nomination Board also proposes that the annual remuneration for the members of the Board of Directors be paid in Company shares and cash so that
The Shareholders' Nomination Board further proposes that the annual remuneration for the members of the Financial and Audit Committee, the People and Culture Committee and the Sustainability and Ethics Committee be increased by
Financial and Audit Committee
Chair | |
Members |
People and Culture Committee
Chair | |
Members |
Sustainability and Ethics Committee
Chair | |
Members |
13. Resolution on the number of members of the Board of Directors
The Shareholders' Nomination Board proposes to the AGM as announced on 12 December 2024 that the Board of Directors shall have nine (9) members.
14. Election of Chair, Vice Chair and other members of the Board of Directors
The Shareholders' Nomination Board proposes to the AGM as announced on 12 December 2024 that of the current members of the Board of Directors, Håkan Buskhe, Helena Hedblom, Astrid Hermann, Kari Jordan, Christiane Kuehne, Richard Nilsson and Reima Rytsölä be re-elected members of the Board of Directors until the end of the following AGM and that Elena Scaltritti and Antti Vasara be elected new members of the Board of Directors for the same term of office.
Elisabeth Fleuriot has announced that she is not available for re-election to the Board of Directors.
The Shareholders' Nomination Board proposes that Kari Jordan be elected Chair and Håkan Buskhe be elected Vice Chair of the Board of Directors.
Elena Scaltritti, born in 1972, Italian citizen with an Executive MBA degree and a Bachelor of Science degree in Organic Chemistry, has extensive experience in the chemical and technology industries from various global companies focusing on innovation and sustainable development. Currently, since 2022, she is the Chief Commercial Officer of the Danish energy transition solutions company Topsoe. Previously, she served as the Executive Vice President (2019-2022), and held several other leadership roles, in the chemical company SONGWON (2011-2022). Elena Scaltritti is independent of the Company and of its shareholders. Currently, she does not own shares in Stora Enso.
Antti Vasara, born in 1965, Finnish citizen with a Doctor of Science (Technology) in Engineering Physics has extensive experience in the technology and telecommunications industries, from research and development to business leadership and innovation. Currently, since 2015, he is the President and Chief Executive Officer of the Finnish technology research and development organisation VTT. Currently, he is also a member of the Supervisory Board of Ilmarinen (since 2024), the Board of Directors of Jane and Aatos Erkko Foundation (since 2018), the Board of Directors of Elisa (since 2017), and the Research and Innovation Council of
With regard to the selection procedure for the members of the Board of Directors, the Shareholders' Nomination Board recommends that shareholders take a position on the proposal as a whole at the AGM. This recommendation is based on the fact that at Stora Enso, in line with a good Nordic governance model, the Shareholders' Nomination Board is separate from the Board of Directors. The Shareholders' Nomination Board, in addition to ensuring that individual nominees for membership of the Board of Directors possess the required competences, is also responsible for making sure that the proposed Board of Directors as a whole has the best possible expertise and experience for the Company and that the composition of the Board of Directors also meets other requirements of the Finnish Corporate Governance Code for listed companies.
All candidates and the evaluation regarding their independence have been presented on the Company's website at storaenso.com/agm.
15. Resolution on the remuneration for the auditor
On the recommendation of the Financial and Audit Committee, the Board of Directors proposes to the AGM that the remuneration for the auditor be paid based on an invoice approved by the Financial and Audit Committee.
16. Election of the auditor
On the recommendation of the Financial and Audit Committee, the Board of Directors proposes to the AGM that Authorised Public Accountants PricewaterhouseCoopers Oy be elected as the auditor until the end of the Company's next AGM. PricewaterhouseCoopers Oy has notified the Company that, in the event it will be elected as the auditor, Panu Vänskä, APA, will act as the principally responsible auditor.
The recommendation of the Financial and Audit Committee concerning the auditor election is available on the Company's website at storaenso.com/agm. The Financial and Audit Committee confirms that its recommendation on the election of the auditor is free from influence by any third party and that no clause as set out in Article 16, Section 6 of the EU Audit Regulation (537/2014) restricting the choice by the AGM or the Company's free choice to propose an auditor for election has been imposed on the Company.
17. Resolution on the remuneration for the sustainability reporting assurer
On the recommendation of the Financial and Audit Committee, the Board of Directors proposes to the AGM that the remuneration for the sustainability reporting assurer be paid based on an invoice approved by the Financial and Audit Committee.
18. Election of the sustainability reporting assurer
On the recommendation of the Financial and Audit Committee, the Board of Directors proposes to the AGM that Authorised Sustainability Audit Firm PricewaterhouseCoopers Oy be elected as the sustainability reporting assurer of the Company until the end of the Company's next AGM. PricewaterhouseCoopers Oy has notified the Company that, in the event it will be elected as the sustainability reporting assurer, Panu Vänskä, APA, authorised sustainability auditor (ASA), will act as the principally responsible sustainability reporting assurer.
19. Authorising the Board of Directors to decide on the repurchase of the Company's own shares
The Board of Directors proposes to the AGM that the Board of Directors be authorised to decide on the repurchase of Stora Enso R shares as follows:
The amount of R shares to be repurchased based on this authorisation shall not exceed 2,000,000 R shares, which corresponds to approximately
Own R shares may be repurchased primarily in order to use the shares as part of the Company's incentive and remuneration scheme. The repurchased R shares may be held for reissue, cancelled, or transferred further.
The Board of Directors decides on all other matters related to the repurchase of own R shares. The authorisation is effective until the beginning of the next AGM, however, no longer than until 31 July 2026 and it revokes the authorisation given by the AGM on 20 March 2024.
20. Authorising the Board of Directors to decide on the issuance of shares
The Board of Directors proposes that the AGM authorise the Board of Directors to decide on the issuance of Stora Enso R shares as follows:
The amount of R shares to be issued based on this authorisation shall not exceed a total of 2,000,000 R shares, corresponding to approximately
The issuance of R shares may be carried out in deviation from the shareholders' pre-emptive rights for the purpose of using the R shares as part of the Company's incentive and remuneration scheme.
The Board of Directors shall decide on other terms and conditions of a share issue. The authorisation is effective until the beginning of the next AGM, however, no longer than until 31 July 2026 and it revokes the authorisation given by the AGM on 20 March 2024.
21. Amendment of the Articles of Association
The Board of Directors proposes that the Articles of Association of the Company be amended as set out below:
4 §: The Board proposes to delete reference to Corporate Governance Policy from the article 4 as obsolete as the Company is required to publish Corporate Governance Statement pursuant to applicable law.
5 and 6 §: The Board proposes to delete reference to the Deputy CEO as unnecessary since the Company no longer has a Deputy CEO.
Title of section IV and 8 §: Stora Enso is required to appoint a sustainability reporting assurer following the implementation of the Corporate Sustainability Reporting Directive. The Board proposes to include this obligation and the term of office of the sustainability reporting assurer into the article 8, and amend the title of section IV of the Articles of Association accordingly. The Board also proposes that the terminology concerning the auditor be changed to reflect currently valid legislation.
11 §: The Board proposes to clarify the meeting place in case a General Meeting is held virtually pursuant to the current article 9 of the Articles of Association.
13 §: The Board proposes to amend article 13 so that the Annual General Meeting shall also decide, in addition to the items currently listed, on the adoption of the remuneration policy, when necessary, and on the adoption of the remuneration report, and that the numbering of the current sub-items 7-11 of article 13 be changed accordingly. The Board also proposes to amend article 13 by adding a reference to the remuneration of the sustainability reporting assurer and by adding a requirement to elect a sustainability reporting assurer.
The current and proposed new wordings of the above-mentioned articles of the Articles of Association are available on the Company's website at storaenso.com/agm.
22. Decision making order
23. Closing of the meeting
B. Documents of the AGM
The proposals for decisions relating to the agenda of the AGM, this notice and the amended Remuneration Policy are available on Stora Enso's website at storaenso.com/agm. Stora Enso's annual accounts, the report of the Board of Directors (including the Sustainability Statement), the auditor's report, the assurance statement on the sustainability reporting, and the Remuneration Report for the financial year 2024 will be available on Stora Enso's website at storaenso.com/agm as of 13 February 2025. The proposals for decisions and the other above-mentioned documents will also be available at the AGM. The minutes of the AGM will be available on Stora Enso's website at storaenso.com/agm as of 3 April 2025 at the latest.
C. Instructions for the participants in the AGM
1. Registration for the AGM
a) Shareholders with shares registered with Euroclear Finland Oy in Finland
Each shareholder, who is registered on 10 March 2025 in the shareholders' register of the Company maintained by Euroclear Finland Oy, has the right to participate in the AGM. A shareholder, whose shares are registered on the shareholder's personal Finnish book-entry account, is registered in the shareholders' register of the Company.
The registration period for the AGM commences on 13 February 2025 at 12:00 noon Finnish time. A shareholder, who is registered in the Company's shareholders' register and who wishes to participate in the AGM, must register for the AGM by giving a prior notice of participation no later than on 14 March 2025 at 11:59 p.m. Finnish time, by which time the registration must be received. Such notice of registration can be given:
- electronically via the Company's website at storaenso.com/agm. Electronic registration requires strong identification of the shareholder or his/her legal representative or proxy representative with a banking ID or mobile certificate.
- by e-mail to agm@innovatics.fi
- by telephone: Calling +358 10 2818 909 on weekdays between 9:00 a.m. and 12:00 p.m. and 1:00 p.m. and 4:00 p.m. Finnish time. Registration by telephone is available in English and Finnish languages. When registering by phone, a shareholder cannot vote in advance.
- by regular mail: Innovatics Oy, AGM/Stora Enso Oyj, Ratamestarinkatu 13 A, FI-00520
Helsinki, Finland .
Shareholders registering by e-mail or regular mail shall submit the registration form available on the Company's website at storaenso.com/agm or equivalent information. The registration form will be available on the Company's website on 13 February 2025 at the latest.
When registering, shareholder and their representative shall provide requested information, such as the shareholder's name, date of birth or Business ID, address, telephone number, e-mail address and the name of any assistant or proxy representative, and the date of birth, phone number and e-mail address of any proxy representative. The personal data provided to Stora Enso Oyj will be used only in connection with the AGM and with the processing of related necessary registrations.
Shareholders or their authorised representatives or proxy representatives must be able to prove their identity and/or right of representation at the meeting venue.
Further information on registration and advance voting is available in English and Finnish languages by telephone during the registration period of the AGM from the number at +358 10 2818 909 on weekdays from 9:00 a.m. to 12:00 p.m. and from 1:00 p.m. to 4:00 p.m. Finnish time.
b) Holders of nominee-registered shares
A holder of nominee-registered shares has the right to participate in the AGM by virtue of such shares, based on which they on the record date of the AGM, 10 March 2025, would be entitled to be registered in the shareholders' register of the Company held by Euroclear Finland Oy. The right to participate in the AGM requires, in addition, that the shareholder on the basis of such shares has been temporarily registered in the shareholders' register held by Euroclear Finland Oy no later than on 17 March 2025 by 10:00 a.m. Finnish time. As regards nominee-registered shares this constitutes due registration for the AGM.
A holder of nominee-registered shares is advised to request without delay necessary instructions from their custodian bank regarding the temporary registration in the shareholders' register of the Company, the issuing of proxy authorisation documents and voting instructions as well as the registration and attendance for the AGM and advance voting. The account manager of the custodian bank shall temporarily register the holder of nominee-registered shares, who wishes to participate in the AGM, into the shareholders' register of the Company at the latest by the time stated above, and, if necessary, take care of advance voting on behalf of the holder of nominee-registered shares prior to the end of the registration period concerning holders of nominee-registered shares.
For the sake of clarity, instructions for shareholders whose shares are nominee-registered in
Further information on these matters can also be found on the Company's website at storaenso.com/agm.
c) Shareholders with shares registered with Euroclear Sweden AB in
Each shareholder, who is registered on 10 March 2025 in the shareholders' register of the Company maintained by Euroclear Sweden AB, has the right to participate in the AGM. Such shareholders are re-registered in the shareholders' register maintained by Euroclear Finland Oy provided that the shareholder has notified the Company thereof in accordance with the instructions set out below.
The registration period for the AGM commences on 13 February 2025 at 12:00 noon. Finnish time. Notification of participation shall be made no later than by 11:59 p.m. Finnish time on 12 March 2025, by which time the registration must be received. Such notice of registration can be given:
- electronically via the Company's website at storaenso.com/agm. Electronic registration requires strong identification of the shareholder or his/her legal representative or proxy representative with a banking ID or mobile certificate.
- by e-mail to agm@innovatics.fi
- by telephone: Calling +358 10 2818 909 on weekdays between 9:00 a.m. and 12:00 p.m. and 1:00 p.m. and 4:00 p.m. Finnish time. Registration by telephone is available in English and Finnish languages. When registering by phone, a shareholder cannot vote in advance.
- by regular mail: Innovatics Oy, AGM/Stora Enso Oyj, Ratamestarinkatu 13 A, FI-00520
Helsinki, Finland .
Shareholders registering by e-mail or regular mail shall submit the registration form available on the Company's website at storaenso.com/agm or equivalent information. The registration form will be available on the Company's website on 13 February 2025 at the latest.
Shareholders whose shares are nominee-registered in
Further information on registration and advance voting is available in English and Finnish languages by telephone during the registration period of the AGM from the number at +358 10 2818 909 on weekdays from 9:00 a.m. to 12:00 p.m. and from 1:00 p.m. to 4:00 p.m. Finnish time.
2. Proxy representative and powers of attorney
A shareholder of the Company may participate in the AGM and exercise their shareholders' rights at the AGM by way of proxy representation. A proxy representative may also vote in advance as described in this notice. Proxy representatives shall produce a dated proxy document or otherwise in a reliable manner demonstrate their right to represent the shareholder at the AGM. Proxy representatives registering electronically for the AGM must identify themselves personally through strong electronic authentication, after which they can register on behalf of the shareholder they represent. The same applies to voting in advance electronically.
If a shareholder participates in the AGM by means of several proxy representatives representing the shareholder with shares in different securities accounts, the shares in respect of which each proxy representative represents the shareholder shall be identified in connection with the registration for the AGM.
Proxy document templates are available on the Company's website at storaenso.com/agm on 13 February 2025 at the latest.
Any proxy documents are requested to be submitted preferably as an attachment with the electronic registration or alternatively by mail to Innovatics Oy, AGM/Stora Enso Oyj, Ratamestarinkatu 13 A, FI-00520
The right of representation can be demonstrated by using the suomi.fi e-Authorizations service available in the electronic registration service. For more information, see suomi.fi/e-authorizations.
3. Advance voting
Shareholders may also vote in advance on certain agenda items of the AGM in accordance with the following instructions.
a) Shareholders with shares registered with Euroclear Finland Oy in
Each shareholder who is registered in the shareholders' register of the Company maintained by Euroclear Finland Oy as described in subsection C.1 a) above may vote in advance during the period between 13 February 2025 at 12:00 noon - 14 March 2025 at 11:59 p.m. Finnish time in the following manners:
- electronically on the Company's website at storaenso.com/agm. The service is accessed in the same way as described in the registration process outlined in section C.1 a) of this notice.
- by e-mailing the advance voting form to agm@innovatics.fi, or
- by regular mail by sending the advance voting form to: Innovatics Oy, AGM/Stora Enso Oyj, Ratamestarinkatu 13 A, FI-00520
Helsinki, Finland .
Shareholders voting in advance by email or regular mail shall submit the advance voting form available on the Company's website at storaenso.com/agm or equivalent information. The advance voting form will be available on the Company's website on 13 February 2025 at the latest.
Advance votes must be received by the end of the registration period. Submitting advance votes in this way before the end of registration and advance voting is considered registration for the AGM, as long as the above-mentioned information required for registration is provided.
A representative or proxy representative of the shareholder must in connection with delivering the advance voting form produce a dated proxy document or otherwise in a reliable manner demonstrate his/her right to represent the shareholder at the AGM.
Further information on registration and advance voting is available in English and Finnish languages by telephone during the registration period of the AGM from the number at +358 10 2818 909 on weekdays from 9:00 a.m. to 12:00 p.m. and from 1:00 p.m. to 4:00 p.m. Finnish time.
b) Holders of nominee-registered shares
For holders of nominee-registered shares, advance voting is carried out via the account manager of their custodian. The account manager may cast advance votes on behalf of the holders of nominee-registered shares that they represent in accordance with the voting instructions provided by the holders of nominee-registered shares during the registration period for the nominee-registered shares.
For the sake of clarity, instructions for shareholders whose shares are nominee-registered in
c) Shareholders with shares registered with Euroclear Sweden AB in
Each shareholder who is registered in the shareholders' register of the Company maintained by Euroclear Sweden AB as described in subsection C.1 c) above may vote in advance during the period between 13 February 2025 at 12:00 noon - 12 March 2025 at 11:59 p.m. Finnish time in the following manners:
- electronically on the Company's website at storaenso.com/agm. The service is accessed in the same way as described in the registration process outlined in section C.1 c) of this notice.
- by e-mailing the advance voting form to agm@innovatics.fi, or
- by regular mail by sending the advance voting form to: Innovatics Oy, AGM/Stora Enso Oyj, Ratamestarinkatu 13 A, FI-00520
Helsinki, Finland .
Shareholders voting in advance by email or regular mail shall submit the advance voting form available on the Company's website at storaenso.com/agm or equivalent information. The advance voting form will be available on the Company's website on 13 February 2025, at the latest.
A legal representative or proxy representative of the shareholder must in connection with delivering the advance voting form produce a dated proxy document or otherwise in a reliable manner demonstrate his/her right to represent the shareholder at the AGM. If a shareholder participates in the AGM by delivering votes in advance to Innovatics Oy, the delivery of advance votes shall constitute due registration for the AGM, as long as the above-mentioned information required for registration is provided. Advance votes must be received within the registration period.
Shareholders whose shares are nominee-registered in
Further information on registration and advance voting is available in English and Finnish languages by telephone during the registration period of the AGM from the number at +358 10 2818 909 on weekdays from 9:00 a.m. to 12:00 p.m. and from 1:00 p.m. to 4:00 p.m. Finnish time.
d) Other matters related to advance voting
Shareholders who have voted in advance and who wish to exercise their right to ask questions, demand a vote at the AGM or vote on a possible counterproposal under the Finnish Companies Act must participate in the AGM at the meeting venue in person or by way of proxy representation.
A proposal subject to advance voting is considered to have been presented without amendments at the AGM.
Instructions regarding the advance voting will also be available on the Company's website at storaenso.com/agm on 13 February 2025 at the latest.
4. ADR holders
ADR holders intending to vote at the AGM shall notify the depositary bank, Citibank, N.A., of their intention and shall comply with the instructions provided by Citibank, N.A. to each ADR holder.
5. Other information
The information concerning the AGM required under the Finnish Companies Act and the Finnish Securities Markets Act is available on the Company's website at storaenso.com/agm. Pursuant to Chapter 5, Section 25 of the Finnish Companies Act, a shareholder who is present at the AGM has the right to request information with respect to the matters to be considered at the AGM.
On the date of this notice to the AGM the total number of Stora Enso Oyj A shares is 175,663,629 conferring a total of 175,663,629 votes and the total number of R shares is 612,956,358, conferring a total of at least 61,295,635 votes. Each A share and every ten (10) R shares entitle the holder to one vote. Each shareholder shall, however, have at least one vote. On the date of this notice, the Company does not hold any of its own shares.
The privacy notice is available on the Company's website at storaenso.com/agm.
Changes in shareholding occurring after the record date of the AGM, 10 March 2025, will not affect the right to participate in the AGM or the number of votes of such shareholder at the AGM.
For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691
The forest is at the heart of Stora Enso, and we believe that everything made from fossil-based materials today can be made from a tree tomorrow. We are the leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world. In 2024, Stora Enso had approximately 19,000 employees, and the Group sales were
STORA ENSO OYJ
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The following files are available for download:
https://mb.cision.com/Public/13589/4103493/b9f5cbcf64c68c22.pdf | 0211 E AGMnotice |
https://mb.cision.com/Public/13589/4103493/ba6d25d2600422df.pdf | Stora Enso Remuneration Policy 2025 |
View original content:https://www.prnewswire.com/news-releases/notice-to-the-annual-general-meeting-of-stora-enso-oyj-302373187.html
SOURCE Stora Enso Oyj
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