Citycon (CTY1S) AGM 2020 summary

Opening remarks and agenda

• AGM held in Espoo on 17 March 2020.

Financial performance review

• FY2019 financial statements adopted; Board members and the CEO discharged from liability for the financial year.

Board and executive committee updates

• Eight directors re-elected through the close of the next AGM: Chaim Katzman, Arnold de Haan, Alexandre (Sandy) Koifman, David Lukes, Andrea Orlandi, Per-Anders Ovin, Ofer Stark and Ariella Zochovitzky.

• Annual fees set at €160,000 for the Chair, €70,000 for Deputy Chairs and €50,000 for other directors; committee chairs receive an additional €5,000 annually.

• Meeting fees set at €800 for committee meeting chairs and €600 for other Board and committee members; the Board Chair receives no meeting fees.