Raute Corporation’s Shareholders’ Nomination Board has proposed maintaining a seven-member Board of Directors for the term beginning after the Annual General Meeting on April 15, 2025. Laura Raitio is recommended to continue as Chair, with Joni Bask serving as Vice Chair, supported by five other re-elected members: Ari Harmaala, Mikko Kettunen, Julius Manni, Ari Piik, and Jenni Virnes. All nominees have consented to their candidacy, as detailed in the Nomination Board’s stock exchange release dated January 23, 2025.

Revised remuneration for the board is also proposed. The Chair would receive Euro 55,000 and members Euro 27,000 annually, along with committee meeting fees of Euro 1,000 for Audit Committee Chairs and Euro 500 for other committee roles. Travel expense reimbursement would follow the company’s current policy. Additionally, Euro 500 per meeting is proposed for Nomination Board work, subject to an amendment of its charter.