Neste (NESTE) AGM 2023 summary

Opening remarks and agenda

• AGM held at Messukeskus, Helsinki; adopted the 2022 Financial Statements and Consolidated Financial Statements, approved the remuneration report, and discharged the Board and President & CEOs from liability for 2022.

Board and executive committee updates

• Board set at nine members; Matti Kähkönen, John Abbott, Nick Elmslie, Just Jansz, Jari Rosendal, Eeva Sipilä and Johanna Söderström re-elected; Heikki Malinen and Kimmo Viertola elected.

• Matti Kähkönen re-elected Chair; Eeva Sipilä elected Vice Chair, with the term running to the end of the next AGM.

Dividend announcements

• Approved dividend of EUR 1.27/share for 2022: ordinary dividend EUR 1.02 plus extraordinary dividend EUR 0.25; paid in two ordinary-dividend installments.

• First payment of EUR 0.76/share, comprising EUR 0.51 ordinary and EUR 0.25 extraordinary, scheduled for 6 April 2023; record date 30 March 2023.

• Second ordinary installment of EUR 0.51/share scheduled for 6 October 2023; record date 29 September 2023.

• Board authorized to decide on a further EUR 0.25/share extraordinary dividend by 31 October 2023; expected unless the business environment significantly deteriorates during 2023.