Annual General Meeting

KoskiRent’s shareholders exercise their control over KoskiRent at General Meetings. The shareholders participate in KoskiRent’s governance and management through decisions made at General Meetings. The company’s shares are divided into class A and class B shares. Class B shares differ from class A shares in that class B shares do not entitle to voting rights or dividends.

Under the company’s Articles of Association, the Board of Directors convenes the General Meeting.

There are no specific requirements regarding the number of participants for the quorum of the General Meeting of shareholders in the Limited Liability Companies Act or the company’s Articles of Association.

The Limited Liability Companies Act, and the company’s Articles of Association define the matters to be discussed at the Annual General Meeting.

The Annual General Meeting decides on the following, among other matters:

• the adoption of the income statement and balance sheet.
• measures to which the profit according to the adopted balance sheet or the defeat is justified.
• discharge from liability to the members of the Board of Directors and the Managing Director if selected.
• the number of ordinary members of the Board of Directors.
• the number of auditors and deputy auditors, if selected.
• the members of the Board of Directors and the Chairman if selected.

In other respects, the company complies with the provisions of the current Limited Liability Companies Act.