The Annual General Meeting is held annually before the end of June, either in Raseborg or Helsinki. The Annual General Meeting decides on matters stipulated in the Companies Act and the Articles of Association, such as the approval of the financial statements, the distribution of profits, discharging the members of the Board of Directors and the CEO from liability, as well as the election of the members of the Board of Directors and the Company’s Auditors and remuneration for said Board members and Auditors.
In accordance with the Articles of Association, notices regarding the Shareholders’ Meetings are published on the Company’s website and, if deemed necessary by the Board of Directors, in an alternative manner. In 2012, notices were published in the Helsingin Sanomat, Hufvudstadsbladet and Västra Nyland newspapers in addition to the notice published on the Company’s website.
Any shareholder wishing to submit a matter for inclusion on the agenda of the Annual General Meeting should submit a request in writing to the Board of Directors. To be included in the notice of the Annual General Meeting and in the agenda of the Annual General Meeting, the request should be sufficiently concise and the matter must fall within the authority of the Annual General Meeting, as defined in the Limited Liability Companies Act. Instructions on and the deadline for submitting requests to the Board of Directors are published on the Company’s website. In 2012, no such requests were submitted to the Board of Directors.
Fiskars held its Annual General Meeting for 2012 on March 15, 2012. The meeting approved the financial statements, discharged the members of the Board and the CEO from liability, and decided on the dividend to be paid for the 2011 financial year. The Meeting also decided on the remunerationto be paid to the Board and elected the members, who will serve until the end of the Annual General Meeting in 2013. The Company’s auditors were also elected,and remuneration was decided upon. The Meeting authorized the Board to acquire Fiskars’ own shares and make decisions about conveying them in accordance with separately agreed conditions.
Fiskars held an Extraordinary General Meeting on September 12, 2012. Following the divestment of part of the Company’s holding in Wärtsilä, the meeting decided on an extradividend to be paid for the 2011 financial year.