Board Committees

Audit Committee

The Audit Committee assists the Board in supervising the Company’s governance, accounting, financial reporting and internal control systems and in monitoring the activities of the external audit. The Audit Committee prepares for the Board matters that fall under its areas of responsibility, but it does not have autonomous decision-making power unless the Board resolves otherwise on certain individual matters.

The Chair and members of the Audit Committee are elected annually by the Board from among its members. The Committee comprises at least three members. The majority of the members of the Audit Committee must be independent of the Company, and at least one member must also be independent of the Company’s significant shareholders.

Audit Committee in 2025

The Audit Committee in 2025 consisted of Nina Linander (Chair), Andreas Ahlström, Laura Remes and Maija Joutsenkoski (member from April 25, 2025).

In 2025 the Audit Committee convened six times. The attendance rate at the meetings was 91.7%. The participation of each individual member is presented in the following table.

Audit Committee in 2026

The Audit Committee in 2026 consists of Nina Linander (Chair), Laura Remes and Maija Joutsenkoski.

Personnel and Remuneration Committee

The Personnel and Remuneration Committee assists the Board by reviewing remuneration and appointment matters concerning the Company’s CEO and other members of the Suominen Leadership Team. The Committee prepares for the Board matters that fall under its areas of responsibility, but it does not have independent decision-making power unless the Board resolves otherwise on certain individual matters.

The Chair and members of the Personnel and Remuneration Committee are elected annually by the Board from among its members. The Committee comprises at least three members. The majority of the members of the Personnel and Remuneration Committee must be independent of the Company.

Personnel and Remuneration Committee in 2025

The Personnel and Remuneration Committee in 2025 consisted of Björn Borgman (Chair, from June 30, 2025 onwards), Gail Ciccione (member from April 25, 2025 onwards) and Andreas Ahlström (member from June 30, 2025 onwards). Aaron Barsness acted as a member of the Personnel and Remuneration Committee until April 25, 2025 and Charles Héaulmé acted as the Chair of the Personnel and Remuneration Committee until June 29, 2025.

In 2025 the Personnel and Remuneration Committee convened five times. The attendance rate at the meetings was 93.3%. The participation of each individual member is presented in the following table.

Personnel and Remuneration Committee in 2026

The Personnel and Remuneration Committee in 2026 consists of Ville Vuori (Chair), Andreas Ahlström and Gail Ciccione. 

Strategy Committee

In its organizing meeting held on April 15, 2026, the Board decided to discontinue the temporary Strategy Committee established by the Board on December 13, 2023.

Strategy Committee in 2025

The Strategy Committee was established to support and advise the Board and the Company’s management in strategic decisions and initiatives and in other matters pertaining to the Company’s strategy. The Committee’s role was advisory, and it had no decision-making power with respect to strategic decisions.

The Chair and members of the Strategy Committee were elected annually by the Board from among its members. The Committee comprised at least three members.

The Strategy Committee in 2025 consisted of Laura Remes (Chair), Andreas Ahlström and Maija Joutsenkoski.

In 2025 the Strategy Committee convened two times. The attendance rate at the meetings was 100%. The participation of each individual member is presented in the following table.