Valmet Oyj's Annual General Meeting: A Look Ahead

Valmet Oyj, a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries, has announced the convening of its Annual General Meeting (AGM) for 2025. The AGM is scheduled to be held on Wednesday, March 26, 2025, with the Board of Directors set to summon the meeting at a later date. The AGM will provide an opportunity for shareholders to discuss and vote on key matters related to the company's future.



As the company prepares for the AGM, it has released its financial performance for the year 2024. Valmet's net sales remained at the previous year's level, amounting to approximately EUR 5.36 billion. The company's comparable EBITA also remained steady, totaling EUR 609 million. This consistent performance demonstrates Valmet's ability to maintain its financial strength and stability in the face of market fluctuations.

One of the key agenda items for the AGM will be the election of the Board of Directors. The Nomination Board has proposed a new composition for the Board, with a focus on maintaining a balance of skills, experience, and diversity. The proposed members include:

* Jorma Eloranta (Chairman)
* Anu Hyyrynen (Vice-Chair)
* Jyrki Tervonen
* Sari Baldauf
* Jari Paasikivi
* Jari Paunio
* Jukka Hienonen

The Nomination Board has also proposed an increase in the remuneration for the members of the Board of Directors, reflecting the growing responsibilities and expectations placed on them. The proposed remuneration structure aims to balance the need for attracting and retaining top talent with the responsibility to maintain shareholder value.

Another important topic for discussion at the AGM will be the distribution of dividends. The Board of Directors has proposed a dividend of EUR 1.35 per share for 2024, with the first instalment of EUR 0.68 per share to be paid in April 2025, and the second instalment of EUR 0.67 per share to be paid in October 2025. This strategy allows Valmet to return value to shareholders while retaining a portion of the profit to invest in growth and future opportunities.

In conclusion, the convening of Valmet Oyj's Annual General Meeting marks an important milestone in the company's governance and decision-making process. Shareholders are encouraged to participate in the AGM and engage in the discussions that will shape the company's future. With a strong financial performance and a focus on attracting and retaining top talent, Valmet is well-positioned to continue its success in the global process industries.