Tieto (TIETO) AGM 2024 summary

Opening remarks and agenda

• Held on 13 March 2024 in Espoo, with a webcast option; 601 shareholders represented 76,343,271 shares and votes.

Board and executive committee updates

• The AGM set the Board at nine members and re-elected Bertil Carlsén, Elisabetta Castiglioni, Tomas Franzén, Liselotte Hägertz Engstam, Harri-Pekka Kaukonen, Katharina Mosheim, Gustav Moss, Endre Rangnes and Petter Söderström; Tomas Franzén remains Chair.

• Employee representatives elected Anders Palklint and Thomas Slettemoen as members, with Ilpo Waljus and Tommy Sander Aldrin as deputies, through the close of the next AGM.

• Annual Board fees set at EUR 137,500 for the Chair, EUR 73,500 for the Deputy Chair and EUR 55,600 for members; committee chairs receive EUR 20,000 and members EUR 10,000 annually.

• AGM-elected Board members receive EUR 800 per Board or committee meeting; employee representatives receive annual fees of EUR 15,300 as members and EUR 7,650 as deputies.

Dividend announcements

• Approved a total dividend of EUR 1.47 per share for FY2023, paid in two EUR 0.735 instalments; first payment begins 3 April 2024 and second begins 3 October 2024.

• Record dates are 15 March and 23 September 2024; Sweden-registered shares are paid in Swedish crowns and VPS-registered shares in Norwegian crowns.