ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE March 15, 2005 at 9:00 AM 1(2)
PROPOSAL FOR BOARD MEMBERS FOR THE ANNUAL GENERAL MEETING
The term of office of all members of the Board of Directors of Aspocomp Group
Oyj expires at the Annual General Meeting to be held on April 7, 2005. Having
turned 70 years Mr Karl Van Horn has announced that he is no longer available
when electing the members of the Board of Directors. The Board submits based on
the preparation of the Nomination Committee that the Annual General Meeting
elects five Board members and re-elects the present Board members Messrs Aimo
Eloholma, Roberto Lencioni, Tuomo Lähdesmäki, Gustav Nyberg and Anssi Soila in
accordance with their consents for a term which continues until the end of the
following Annual General Meeting.
The Board submits that the Chairman of the Board’s remuneration is EUR 35,000
per year, Vice-Chairman’s remuneration is EUR 25,000 per year and the other
Board member’s remuneration is EUR 15,000 per year. In addition, EUR 1,500 per
actual Board meeting shall be paid to the Chairman of the Board and EUR 1,000
per actual Board Meeting shall be paid to the other Board members and EUR 500
per Committee meeting shall be paid to the Committee members.
Vantaa March 15, 2005
The Board of Directors
For further information, please contact CEO Maija-Liisa Friman,
tel. +358 9 7597 0711.
ASPOCOMP GROUP OYJ
President and CEO
Aspocomp: Innovative interconnection solutions for the electronics industry
The Aspocomp Group offers and develops innovative interconnection solutions for
the electronics industry in close cooperation with its customers. We hold a
strong and recognised position as a supplier of mobile data terminal equipment
components and we aim to further strengthen our position as a supplier to the
automotive industry and data communications networks. We offer our global
customers a fast road to mass production through flexible and cost-effective
adaptation of new technologies, to which our balanced production structure in
Europe and Asia is well adapted.
We strive to offer solutions to our customers that enable increased flexibility
in their own product development. Our belief is that this advantage will bear
increasing significance for our customers as end product lifecycles continue to
The Aspocomp Group’s production facilities are located close to its customers in
Finland, China and Thailand. In 2004 Group turnover stood at around 200 million
euros with a staff of some 3,500.
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