Stora Enso's Shareholders' Nomination Board composition

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Stora Enso (OTC:SEOAY) has announced the composition of its Shareholders' Nomination Board, which will continue to operate until further notice. The board includes four key members: Kari Jordan (Chair of Stora Enso's Board), Håkan Buskhe (Vice Chair), Jouko Karvinen (representing Solidium Oy), and Marcus Wallenberg (representing FAM AB), with Wallenberg elected as the Nomination Board's Chair.

The Nomination Board, representing Stora Enso's two largest shareholders as of August 31, 2025 - Solidium Oy and FAM AB - is responsible for preparing proposals for the Annual General Meeting regarding Board member election, remuneration, and appointments of the Chair and Vice Chair positions.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 5 September 2025 at 14:00 EEST

HELSINKI, Sept. 5, 2025 /PRNewswire/ -- The Stora Enso Shareholders' Nomination Board has been established to exist until otherwise decided. The Shareholders' Nomination Board annually prepares proposals for Stora Enso Oyj's Annual General Meeting concerning the election and remuneration of members of the Stora Enso Board of Directors and Board committees, as well as the appointments of the Chair and the Vice Chair of the Board of Directors. The Shareholders' Nomination Board consists of the Chair of Stora Enso's Board of Directors, the Vice Chair of the Board of Directors, and two members appointed by the two largest shareholders (one each) as of 31 August each year.

Stora Enso's two largest shareholders on 31 August 2025 were Solidium Oy and FAM AB.

The Shareholders' Nomination Board has been appointed and consists of the following members: Kari Jordan (Chair of Stora Enso's Board of Directors), Håkan Buskhe (Vice Chair of Stora Enso's Board of Directors), Jouko Karvinen (Chair of the Board of Directors of Solidium Oy), and Marcus Wallenberg (Chair of the Board of Directors of FAM AB).

The Shareholders' Nomination Board has elected Marcus Wallenberg as its Chair.

For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349 

Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061

The forest is at the heart of Stora Enso, and we believe that everything made from fossil-based materials today can be made from a tree tomorrow. We are the leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world. Stora Enso has approximately 19,000 employees and our sales in 2024 were EUR 9 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA on OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349 

Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/stora-enso-oyj/r/stora-enso-s-shareholders--nomination-board-composition,c4230347

 

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SOURCE Stora Enso Oyj

FAQ

Who are the members of Stora Enso's (SEOAY) Shareholders' Nomination Board in 2025?

The board consists of four members: Kari Jordan (Board Chair), Håkan Buskhe (Vice Chair), Jouko Karvinen (Solidium Oy), and Marcus Wallenberg (FAM AB, also serving as Nomination Board Chair).

What is the role of Stora Enso's Shareholders' Nomination Board?

The board prepares proposals for the Annual General Meeting regarding Board member election, remuneration, and appointments of the Chair and Vice Chair positions.

Who are the largest shareholders of Stora Enso as of August 31, 2025?

The two largest shareholders are Solidium Oy and FAM AB, each represented on the Nomination Board.

Where are Stora Enso (SEOAY) shares traded?

Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV), Nasdaq Stockholm (STE A, STE R), and trade in the USA on OTC Markets (SEOAY, SEOFF, SEOJF).