Nokia Corporation's Annual General Meeting approved all Board proposals, including dividend authorization up to EUR 0.14 per share, Board composition changes, share repurchase and issuance authorizations, and re-elected Deloitte as auditor.
Key takeaways
AGM approved no dividend from AGM but authorized Board to distribute up to EUR 0.14 per share from retained earnings or invested equity with preliminary dates through February 2027.
Board re-elected nine members and added Meredith Whittaker; Timo Ihamuotila as Chair, Thomas Saueressig as Vice Chair.
Board committees appointed with specified chairs and members including Audit, Personnel, Technology, Strategy, and Governance.
Annual Board fees set at EUR 440k for Chair, EUR 210k for Vice Chair, EUR 185k per member, plus committee fees; 40% in shares.
Authorized Board to repurchase up to 550 million shares and issue up to 550 million shares or special rights until October 2027.
Deloitte Oy re-elected as auditor and sustainability assurer for 2027.