S-Bank Plc
Decisions of general meeting
10 April 2025 at 10.15 EET
Resolutions of S-Bank Plc's Annual General Meeting 2025
The Annual General Meeting (AGM) of S-Bank Plc was held on Thursday 10 April 2025 in Helsinki. The AGM made the following resolutions:
Adoption of the financial statements and consolidated financial statements
The AGM adopted the company’s financial statements and consolidated financial statements for the financial year that ended on 31 December 2024.
Use of the profit shown on the balance sheet
The AGM decided that the profit for the financial period of EUR 130 338 557.65 will be entered in retained earnings and that a dividend of EUR 2.20 per share, totalling EUR 20 072 082.80, will be paid from the parent company’s distributable assets.
Discharge from liability of the members of the Board of Directors and the CEO
The AGM discharged from liability the members of the Board of Directors and the CEO .
Remuneration of the members of the Board of Directors, the auditors and the sustainability partners
The AGM decided that
- a member of the Board of Directors will be paid a monthly fee of EUR 2 475; and
- the Chairman of the Board of Directors will be paid a monthly fee of EUR 3 712.50;
- in addition, an attendance fee will be paid as follows:
- EUR 550 for Board meetings;
- EUR 550 for Risk Committee meetings;
- EUR 275 for Audit Committee meetings;
- EUR 275 for Compensation and Nomination Committee meetings;
- EUR 275 for meetings of the Committee of Independent Members; and
- no attendance fees will be paid for e-mail meetings or training events.
The AGM also decided that the auditor and the sustainability partner will be compensated in accordance with a reasonable invoice.
Number and election of the members and deputy members of the Board of Directors
The AGM decided that eight ordinary members and one deputy member will be elected to the Board. The AGM elected Jari Annala, Tom Dahlström, Kati Hagros, Veli-Matti Liimatainen, Hillevi Mannonen, Tarja Tikkanen, Jorma Vehviläinen and Niklas Österlund as members of the Board of Directors and Mikko Junttila as deputy member.
Taking up their position new member and deputy member of the Board will be subject to completion of assessment of suitability by Financial Supervisory Authority.
Number and election of auditors
The AGM resolved to elect one auditor, and elected Authorised Public Accounting firm (KHT) KMPG Oy Ab as the auditor, with Petri Kettunen, APA, as the principally responsible auditor.
Number and election of sustainability reporting assurer
The AGM decided to appoint one sustainability reporting assurer. Authorised sustainability audit firm KPMG Oy Ab was selected as the sustainability reporting assurer. Petri Kettunen, Authorised Sustainability Auditor, will be the key sustainability partner.
Helsinki 10 April 2025
S-Bank Plc
Board of Directors
Contacts
- Jussi Sokka, SVP, Legal and Governance, S-Pankki Oyj, jussi.sokka@s-pankki.fi
- S-Pankin viestintä, S-Bank Communications, +358 10 767 9300, viestinta@s-pankki.fi
About S-Bank Plc
S-Bank is a Finnish bank and part of S Group. We exist to give everyone the possibility of a little more wealth. We have more than three million customers and we know their day-to-day life. We bring convenience and value to our customers through our easy-to-use digital services, for example. Being a full-service bank, we offer support to our customers every day and at the turning points in their lives. s-pankki.fi