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