Kemira Oyj Transfer of the company’s own shares

Kemira Oyj Transfer of the company’s own shares

May 9, 2018 Off By Sebastian Reisig

Based on the decision of the Annual General Meeting of Kemira Oyj on March 21, 2018 Kemira Oyj has transferred on May 8, 2018 10,710 shares to the members of the Board of Directors as part of remuneration of the Board.

The share price of the transferred shares is EUR 11.02 which is the average quotation of the Kemira Oyj share on May 7, 2018.

After the transfer the company holds a total of 2,828,897 shares.

The Annual General Meeting decided on March 21, 2018 that the annual fee for the Board of Directors is paid as a combination of the company’s shares and cash in such a manner that 40% of the annual fee is paid in company’s shares owned by the company or, if this is not possible, shares purchased from the market, and 60% is paid in cash. According to the decision the shares will be transferred to the members of the Board of Directors and, if necessary, acquired directly on behalf of the members of the Board of Directors within two weeks from the release of Kemira’s January-March 2018 Interim Report.