RESOLUTIONS OF MARIMEKKO CORPORATION’S ANNUAL GENERAL MEETING
Marimekko Corporation, Stock exchange release, 23 April 2013, at 3:25 PM
The following resolutions were passed at Marimekko Corporation’s Annual General Meeting held today.
Adoption of the financial statements
Marimekko Corporation’s income statement and balance sheet and the consolidated income statement and balance sheet for 2012 were adopted.
Use of the profit
The General Meeting approved the Board of Directors’ proposal to pay a dividend of EUR 0.25 per share for the 2012 financial year. The dividend will be paid to shareholders who are registered on the dividend payout record date of 26 April 2013 in the company’s Shareholder Register kept by Euroclear Finland Ltd. The dividend payout date is 7 May 2013.
Discharge from liability
Company’s members of the Board of Directors and the President and CEO were discharged from liability for the 2012 financial year.
Remuneration of Board members
It was approved that the annual remuneration payable to the members of the Board would remain unchanged from 2012 and be as follows: EUR 30,000 to the Chairman and EUR 20,000 to the other members of the Board. According to the resolution by the Annual General Meeting, approximately 40% of the annual remuneration 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 January 1 - March 31, 2013 or if this is not possible taken into account the insider rules, as soon as possible thereafter. It was also resolved that the President and CEO of the company will not receive any remuneration for his Board membership.
Board of Directors
The General meeting resolved that the company’s Board of Directors consist of six members. Elina Björklund, Arthur Engel, Ami Hasan, Mika Ihamuotila, Joakim Karske and Pekka Lundmark were re-elected to the Board of Directors until the conclusion of the next Annual General Meeting. The Board is chaired by Pekka Lundmark and vice-chaired by Mika Ihamuotila.
Election and remuneration of the auditor
It was decided that PricewaterhouseCoopers Oy, Authorised Public Accountants, will continue as the company’s auditor. It was also resolved that the auditor’s fee will be paid as per invoice. Kim Karhu, Authorised Public Accountant, will continue as main responsible auditor.
Minutes of the Annual General Meeting
The minutes of the Annual General Meeting can be viewed on the company’s website at company.marimekko.com under Investors/Annual General Meeting as of 7 May 2013 at the latest.
MARIMEKKO CORPORATION
Corporate Communications
Merja Paulamäki
Tel. +358 9 758 7473
merja.paulamaki@marimekko.fi
DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key media
Marimekko is a Finnish textile and clothing design company renowned for its original prints and colours. The company designs and manufactures high-quality interior decoration items ranging from furnishing fabrics to tableware as well as clothing, bags and other accessories. When Marimekko was founded in 1951, its unparalleled printed fabrics gave it a strong and unique identity. Marimekko products are sold in approximately 40 countries. In 2012, brand sales of Marimekko products worldwide amounted to approximately EUR 187 million and the company's net sales were EUR 88 million. The number of Marimekko stores totalled 108 at the year end. The key markets are North America, Northern Europe and the Asia-Pacific region. The Group employs around 500 people. The company’s share is quoted on NASDAQ OMX Helsinki Ltd. www.marimekko.com
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