Board Committees
The Board has two permanent committees: the Audit Committee and the Personnel and Remuneration
Committee. In its meeting on December 13, 2023, the Board established a temporary Strategy Committee, which shall remain in place until otherwise decided by the Board. All three Committees report to the Board on their activities after each Committee meeting.
Audit Committee
The Audit Committee assists the Board in supervising the Company’s governance, accounting, financial reporting and internal control systems and in monitoring the activities of the internal and external audit. The Audit Committee prepares for the Board matters that fall under its areas of responsibility, but it does not have autonomous decision-making power unless the Board resolves otherwise on certain individual matters.
The Chair and members of the Audit Committee are elected annually by the Board from among its members. The Committee comprises at least three members. The members of the Audit Committee must be independent of the Company, and at least one member must also be independent of the Company’s significant shareholders.
Audit Committee in 2024
The Audit Committee in 2024 consisted of Nina Linander (Chair), Andreas Ahlström and Laura Remes.
In 2024 the Audit Committee convened four times. The attendance rate at the meetings was 100%. The participation of each individual member is presented in the following table.
| Name | Participation | |
| Nina Linander | Chair | 4/4 |
| Andreas Ahlström | Member | 4/4 |
| Laura Remes | Member | 4/4 |
Personnel and Remuneration Committee
The Personnel and Remuneration Committee assists the Board by preparing remuneration and appointment matters concerning the Company’s CEO and other Executive Management Team members. The Committee prepares for the Board matters that fall under its areas of responsibility, but it does not have independent decision-making power unless the Board resolves otherwise on certain individual matters.
The Chair and members of the Personnel and Remuneration Committee are elected annually by the Board from among its members. The Committee comprises at least three members. The members of the Personnel and Remuneration Committee must be independent of the Company.
Personnel and Remuneration Committee in 2024
The Personnel and Remuneration Committee in 2024 consisted of Charles Héaulmé (Chair, from April 4, 2024 onwards), Aaron Barsness and Björn Borgman. Jaakko Eskola acted as the Chair of the Personnel and Remuneration Committee until April 4, 2024.
In 2024 the Personnel and Remuneration Committee convened three times. The attendance rate at the meetings was 100%. The participation of each individual member is presented in the following table.
| Name | Participation | |
| Charles Héaulmé | Chair | 3/3 |
| Aaron Barsness | Member | 3/3 |
| Björn Borgman | Member | 3/3 |
| Until April 4, 2024 | ||
| Jaakko Eskola | Chair | 0/0 |
Strategy Committee
The Strategy Committee supports and advises the Board and the Company’s management in strategic decisions and initiatives and in other matters pertaining to the Company’s strategy. The Committee’s role is advisory, and it has no decision-making power with respect to strategic decisions.
The Chair and members of the Strategy Committee are elected annually by the Board from among its members. The Committee comprises at least three members.
Strategy Committee in 2024
The Strategy Committee in 2024 consisted of Laura Remes (Chair), Andreas Ahlström and Aaron Barsness.
In 2024 the Strategy Committee convened four times. The attendance rate at the meetings was 100%. The participation of each individual member is presented in the following table.
| Name | Participation | |
| Laura Remes | Chair | 4/4 |
| Andreas Ahlström | Member | 4/4 |
| Aaron Barsness | Member | 4/4 |
Updated on April 3, 2025