Neste (NESTE) AGM 2022 summary

Opening remarks and agenda

• AGM held at the Espoo headquarters under special arrangements, without shareholders or proxy representatives at the venue due to COVID-19; participation, voting, counter-proposals and questions were handled in advance.

Financial performance review

• 2021 revenue was EUR 15.1 billion; the AGM adopted the 2021 Financial Statements and Consolidated Financial Statements.

Board and executive committee updates

• Board set at nine members; Matti Kähkönen, John Abbott, Nick Elmslie, Martina Flöel, Jari Rosendal, Johanna Söderström and Marco Wirén were re-elected; Just Jansz and Eeva Sipilä were elected.

• Matti Kähkönen was re-elected Chair and Marco Wirén Vice Chair, each to serve until the end of the next AGM.

• Annual fees: Chair EUR 78,100; Vice Chair and Audit Committee Chair EUR 54,400; other Board members EUR 37,900. 40% of fixed annual fees will be paid in shares, remainder in cash.