The Shareholders’ Nomination Board consists of major shareholders of Altia Plc or persons appointed by such shareholders.

In Altia, the election and composition of the Board of Directors is also guided by the principle of diversity to ensure that the Company has a skilled, competent, experienced and effective Board.

The Executive Management Team assists the CEO in the implementation of Group strategy and in operational management.

The CEO is responsible for the day-to-day executive management of the Company in accordance with the instructions and orders given by the Board.

Altia's Board of Directors has two committees, the Audit Committee and the Human Resources Committee.

The remuneration of the members of the Board and the Board committees is decided by the General Meeting of Shareholders of the Company based on a proposal by the Nomination Board.

The Board of Directors is responsible for Altia's administration and the appropriate organisation of its operations.

The Board of Directors of Altia Plc (the “Company”) have adopted these Corporate Governance Principles, that are presented in the Governance section of Altia’s website. The Board also adopts instructions and operating policies supplementing the Corporate Governance Principles, which provide a framework for Altia Group's effective management and steering in accordance with good corporate governance. The Board annually assesses that the Corporate Governance Principles are up-to-date.