Election and Terms of Office
of Board Members
According to Sampo's Articles of Association, the company's Board of Directors comprises no fewer than three and no more than ten members elected by shareholders at the Annual General Meeting.
The Annual General Meeting of 2011 decided that the Board would consist of eight members until the close of the Annual General Meeting to be held in 2012. The term of office of the Board members ends at the close of the Annual General Meeting that first follows their election. The members of the Board elect a Chairman and Vice Chairman from among their members at their first meeting following the Annual General Meeting.
The Board convened 10 times in 2011. The average attendance of Board members at meetings was 93.8 per cent.