The General Meeting

The General Meeting

The General Meeting is the highest decision-making body of Bittium, where the shareholders participate in the supervision and control of Bittium by using their right to speak and vote. The most important tasks of the General Meeting are, among others, the election of the Board of Directors and the adoption of the Annual Accounts. Other tasks of the General Meeting appear from the Articles of Association of the company and from the Finnish Companies Act. The company shall convene one Annual General Meeting for each financial period. An Extraordinary General Meeting shall be convened when necessary.

The Annual General Meeting 2026

The Annual General Meeting of Bittium Corporation was held on 22 April 2026, in Helsinki.

Decisions of Bittium Corporation´s Annual General Meeting

The Annual General Meeting approved the financial statements and the consolidated financial statements for the year 2025, discharged the company’s members of the Board of Directors and the CEO from liability for the financial year ended 31 December 2025, and gave an advisory resolution on the approval of the remuneration report for governing bodies.
The Annual General Meeting resolved that, based on the balance sheet for the financial year 1 January – 31 December 2025, a dividend of EUR 0.15 per share will be distributed. The dividend will be paid to a shareholder who, on the record date for the dividend payment, 24 April 2026, is registered in the shareholders’ register maintained by Euroclear Finland Ltd. The dividend will be paid on 4 May 2026.
Furthermore, the Annual General Meeting authorized the Board of Directors to decide, at its discretion, on the payment of an extraordinary dividend of EUR 0.15 per share, by 30 September 2026. The Board of Directors expects that this discretionary extraordinary dividend will be paid, unless there is a significant change in the business environment during the year 2026. The company will publish any possible decisions on dividend payment by the Board of Directors separately and will simultaneously confirm the dividend record and payment dates.
The Annual General Meeting confirmed that the Board of Directors shall comprise six (6) members. Erkki Veikkolainen, Riitta Tiuraniemi, Veli-Pekka Paloranta, Pekka Kemppainen, Jukka Harju, and Raimo Jyväsjärvi, were re-elected as members of the Board of Directors for a term of office expiring at the end of the next Annual General Meeting.
At its organizing meeting held on 22 April 2026, the Board of Directors elected [Erkki Veikkolainen] as the Chairman of the Board of Directors. Further, the Board of Directors resolved that it will continue to have an Audit Committee. [Riitta Tiuraniemi (Chairman of the Committee), Veli-Pekka Paloranta, and Jukka Harju] were elected as members of the Audit Committee
The Annual General Meeting resolved that the remunerations be increased and that the following monthly remuneration be paid to the elected members of the Board of Directors (previous remuneration in parentheses): EUR 4,400 (EUR 3,150) to the Chairman of the Board of Directors and EUR 2,500 (EUR 1,800) to the other members of the Board of Directors. In addition, the members of the Board of Directors are entitled to a fee for attending Board meetings as follows: Chairman of the Board EUR 1,000 (EUR 875) per meeting and other members of the Board of Directors EUR 600 (EUR 500) per meeting. In addition, the members of the Board of Directors are entitled to a fee for attending the meetings of the Board committees as follows: the Chairman of the Committee EUR 750 (EUR 600) per meeting and the other members of the Committee EUR 500 (EUR 400) per meeting.
50% of the total monthly remuneration of the members of the Board of Directors will be paid in a single instalment through a share issue of the company’s treasury shares, directed to the members of the Board of Directors six business days after the publication of the company’s business review for 1 January – 30 September 2026 and the valuation of which is based on the five trading-day volume-weighted average price of the Bittium Oyj share on Nasdaq Helsinki following the publication of the company’s business review for 1 January – 30 September 2026.
The audit firm PricewaterhouseCoopers Oy was elected auditor of the company for a term of office ending at the end of the next Annual General Meeting. PricewaterhouseCoopers Oy has notified that APA Sami Posti will continue as the principal auditor.
The audit firm PricewaterhouseCoopers Oy was elected for the assurance of the corporate sustainability reporting for a term ending at the end of the next Annual General Meeting. PricewaterhouseCoopers Oy has announced that APA Tiina Puukkoniemi will continue as the principal assurer. The election of the sustainability reporting assurer was made conditionally, so that the election shall only become effective if the Company is, pursuant to the applicable legislation at the end of the financial year 2026, obligated to prepare a sustainability report for the financial year 2026 and to obtain assurance thereof.
The General Meeting authorized the Board of Directors to decide on the repurchase of the company’s own shares as follows.
The General Meeting authorized the Board of Directors to decide on the issuance of shares and special rights entitling to shares referred to in Chapter 10, section 1 of the Finnish Limited Liability Companies Act as follows.