Evaluation of Independence

 

Exel Composites' Board of Directors has reviewed the independence of Board members in accordance with Recommendation 15 of the Corporate Governance Code.  

All Board members, Petri Helsky, Heikki Hiltunen,  Matti Hyytiäinen, Reima Kerttula and Jouko Peussa  are independent Board members.

The Board was considered to comply with the Corporate Governance independency rules.

 

 

Updated 17 March 2016

Exel Oyj, Vantaa head office, Mäkituvantie 5, FI-01510 Vantaa, Finland, Tel +358 20 7541 200, Fax +358 20 7541 201