The Annual General Meeting of Patria Oyj on 14 April 2010
The Annual General Meeting adopted the Financial Statements and the Consolidated Financial Statements for the financial period 1 January to 31 December 2009. It was also decided to discharge the members of the Board of Directors and the President from liability for the financial period of 2009. Furthermore, the Annual General Meeting decided according to the Board of Directors’ proposal not to pay any dividend from the distributable funds at the disposal of the Annual General Meeting, but to place the remaining distributable funds in the retained earnings.
In connection of the Annual General Meeting the owners of Patria have decided to establish Patria Holding Oyj to which all the Patria Oyj shares will be transferred. Patria Holding Oyj acts as the parent company in the Patria Group, which consists of the wholly owned subsidiaries as well as 55% majority of Millog Oy and 50% of the Norwegian Nammo AS.
The owners have appointed the Patria Holding Oyj Board of Directors. Christer Granskog, MSc (Eng.) has been elected as the Chairman, and Anneli Tuominen, former Chief Financial Officer, was elected as the Vice Chairman. As members of the Board of Directors were elected Yvonne Eisele, Chief Financial Officer, Integrated Systems, EADS, Ilkka Hollo, Lieutenant General (r.), Arto Honkaniemi, Senior Financial Counsellor, Prime Minister’s Office, Ownership Steering Department and Jussi Itävuori, Executive Vice President, Human Resources and Member of the EADS Executive Committee, EADS. The former members of the Board of Directors Risto Virrankoski and Hervé Guillou had informed that they were not available for re-election.
Furthermore, Patria Holding Oyj Consultative Committee was appointed. Mikaela Nylander, M.P., was elected as the Chairman, Reijo Laitinen, M.P., was elected as the Vice Chairman and as members were elected Juha Hakola, M.P., Jussi Karimäki, Equipment Assembler, Patria, Markku Koli, Lieutenant General, Chief of Defence Command Finland, Markku Korpela, Work Planner, Patria, Tuija Nurmi, M.P., Eero Reijonen, M.P., Kari Ruokolahti, Composite Fitter, Patria, Ari Viiala, Real Estate Manager, Patria and Eeva-Liisa Virkkunen, Industrial Counsellor, Ministry of Employment and the Economy.
Heikki Allonen MSc (Eng.) acts as the President and CEO of the company.
Further information: Patria’s structure to be re-aligned
Contact persons:
Mr Heikki Allonen, President and CEO
Phone: +358 20 469 2002
Mr Olli Happonen, Senior Vice President, General Counsel
Mobile: +358 40 869 2006
Patria is a defence, security and aerospace group with international operations delivering its customers competitive solutions based on own specialist know-how and partnerships. Patria is owned by the State of Finland and the European Aeronautic Defence and Space Company EADS N.V.
