Framery Group Plc: Proposals of the Shareholders’ Nomination Board to the Annual General Meeting 2026

The Shareholders’ Nomination Board of Framery Group Plc presents the following proposals to the Annual General Meeting planned to be held on April 27, 2026: 

Number of members of the Board of Directors

The Nomination Board proposes that the number of members of the Board of Directors shall be six. 

Proposals for members of the Board of Directors

The Nomination Board proposes that the current members of the Board of Directors, Mika Sutinen, Timo Toikkanen, Gregory Bylsma, Ville Koskenvuo, and Pipsa Loimijoki be re-elected for a term beginning at the close of the Annual General Meeting and ending at the close of the next Annual General Meeting.

In addition, the Nomination Board proposes that Susan Repo be elected as a new member of the Board of Directors. 

Susan Repo, b. 1967, is an experienced international board professional and corporate executive with an exceptionally strong background in leadership roles within global technology and growth companies in Silicon Valley and Europe. 

Ms. Repo previously served as the Chief Financial Officer (CFO) of the Finnish space technology company ICEYE, where she played a key role in the company's international scaling. Prior to her career at ICEYE, Ms. Repo held CEO and Chief Operating Officer roles at private companies in Silicon Valley and served as Corporate Treasurer and VP of Finance at Tesla and CFO of Tesla Financial Services, responsible for the company’s global financial strategy and global business and operational expansion during its period of most intensive growth.
 
Currently, Ms. Repo serves on the board of Nasdaq-listed company Mitek Systems as well as on the board of General Motors Financial Bank, among others. She has also previously served as Audit Chair and member of the Board of Directors of Matterport, which was listed on the Nasdaq at the time. Most recently, Ms. Repo served as Audit Chair and member of the Board of Directors of Fiskars Corp. Repo holds a Juris Doctor (JD) degree and a business degree in finance.

The Nomination Board recommends that the Board of Directors would elect Mika Sutinen as its Chair and Ville Koskenvuo as its Deputy Chair.

All proposed persons have given their consent to the appointment. All proposed members are independent of the company and its major shareholders, with the exception of the representatives of Vaaka Partners Oy, Ville Koskenvuo and Pipsa Loimijoki, who are not independent of the company’s major shareholder. 

The Shareholders’ Nomination Board has considered the composition of the Board of Directors in terms of its overall structure, as well as the individual members’ versatile and mutually complementary professional expertise and experience. The Shareholders’ Nomination Board therefore recommends that the Board of Directors be elected as a whole.

Remuneration of the members of the Board of Directors

The Nomination Board proposes that the remuneration for the members of the Board of Directors remains at the level effective since December 1, 2025. The remuneration is proposed as follows: 

• Monthly fees: 
  • The Chair of the Board of Directors is paid EUR 6,000 per month. 
  • Each member of the Board of Directors is paid EUR 4,000 per month. 
  • No board remuneration is paid to the representatives of Vaaka Partners Oy. 

The fees are paid semi-annually. The board fees for December 2025 have been paid by Framery Group Plc. 

• Meeting fees:
  The Nomination Board proposes that the members of the Board of Directors be paid a separate meeting fee of EUR 4,000 for meetings held on a different continent than the member's home country, provided that the member travels to the meeting outside their home country. In other cases, no separate meeting fees are paid.
  
• Reimbursement of expenses:
  Reasonable travel expenses and other costs incurred by the Chair and the members of the Board of Directors will be reimbursed against receipts in accordance with the company’s travel policy.
  

The Shareholders’ Nomination Board

The Nomination Board made the above-mentioned proposals unanimously. The members of the Nomination Board are: 

• Ville Koskenvuo (Vaaka Partners Oy), Chair 
• Samu Hällfors 
• Tommi Walther (Varma Mutual Pension Insurance Company) 
• Niko Syrjänen (Elo Mutual Pension Insurance Company) 

In addition, Mika Sutinen, Chair of the Board of Directors of Framery Group Plc, serves as an expert member of the Nomination Board.

The proposals of the Nomination Board will be included in the notice to the 2026 Annual General Meeting, which will be published at a later date.

Further information: 
Samu Hällfors, CEO, Framery Group Plc, tel. +358 50 410 5133, samu.hallfors@framery.com

Distribution: 
Nasdaq Helsinki Ltd 
Main media 
framery.com

Framery in Brief
Framery enables people to focus on what truly matters and to get things done. With its soundproof smart pods and smart office solution, Framery turns ordinary offices into places people love. This is why Framery is an essential part of a successful workday for millions of workers in over a hundred countries and within many of the world’s leading companies.