Betolar Plc
Company Release
29 January 2026 at 3:15 p.m. EET
Betolar Plc’s Shareholders’ Nomination Committee’s proposals to the General Meeting 2026
Betolar Plc’s (“Betolar”) Annual General Meeting is planned to be held on Wednesday 18 March 2026. Betolar’s Shareholders’ Nomination Committee has resolved to make the following proposals to the Annual General Meeting:
Number of members of the Board of Directors
The Shareholders’ Nomination Committee proposes to the Annual General Meeting that the number of the members of the Board of Directors would be six (6) (6 members in 2025).
The Remuneration of the members of the Board of Directors
The Shareholder’s Nomination Committee proposes to the Annual General Meeting that the remuneration payable to the members of the Board of Directors remain unchanged, and the remuneration be paid for the next term, as follows:
In addition, it is proposed to pay the following fees to the members of the committees founded by the Board of Directors:
It is further proposed that the travel expenses of the members of the Board of Directors be reimbursed in accordance with the maximum amount of the respective travel allowance base approved by the Tax Administration.
Election of the members of the Board of Directors
The Shareholders’ Nomination Committee proposes to the Annual General Meeting that Anders Dahlblom, Jan-Elof Cavander, Kalle Härkki, Juha Leppänen and Inka Mero be re-elected as members of the Board of Directors and Eeva Ruokonen as a new member.
The current member of the Board Soile Kankaanpää has announced that she is no longer available for selection as members of the Board of Directors.
Candidate, Doctor of Science (Technology, Aalto University) Eeva Ruokonen has over 35 years of experience in the mining and metallurgical industry. Until 2015, Ruokonen held various management positions (Talvivaara, ABB, Boliden and Outokumpu). Today, she works as an independent consultant and board professional. Ruokonen is a member of Endomines Oyj’s Board of Directors and chair of the ESG committee (2021-), member of Arvo Metals Oy’s Board of Directors (2024-), member of Arvo Lithium Ltd’s Board of Directors (2025-), and a member of Nordic Talc’s Advisory Board (2020-). Previously she was a member of Finnish Minerals Group Oy’s Board of Directors and chair of the Corporate Responsibility Committee (2018 – 2024). She brings to Betolar extensive expertise on metals and minerals industry and strong technical understanding of the entire value chain, as well as strong knowledge in sustainable mining.
The Shareholders’ Nomination Committee proposes to the Board of Directors that it elects Anders Dahlblom as Chairman of the Board of Directors.
All the proposed Board Members are considered to be independent of the Company and its significant shareholders, except for Juha Leppänen who is not independent of the Company and is the Company’s major shareholder and Jan-Elof Cavander as well as Anders Dahlblom who are not independent of the Company’s major shareholder.
The term of the members of the Board of Directors ends at the close of the Annual General Meeting in 2027.
With regard to the selection procedure for the members of the Board of Directors, the Shareholders' Nomination Committee recommends that shareholders take a position on the proposal as a whole at the General Meeting. This recommendation is based on the fact that at Betolar, the Shareholders' Nomination Board is separate from the Board of Directors. The Shareholders’ Nomination Board, in addition to ensuring that individual nominees for membership of the Board of Directors possess the required competences, is also responsible for making sure that the proposed Board of Directors as a whole also has the best possible expertise and experience for the Company.
The Shareholders’ Nomination Committee made all resolutions unanimously.
The Shareholders' Nomination Committee has been composed of Alexander Ehrnrooth (Nidoco AB) as Chairman, and Juha Leppänen, Olli-Pekka Kallasvuo (Ajanta Innovations Oy), and Karoliina Lindroos (Keskinäinen Eläkevakuutusyhtiö Ilmarinen) as members. The Nomination Committee also includes Anders Dahlblom, Chairman of the Board of Directors of Betolar, as an expert member.
The proposals of the Nomination Committee will be included in the notice of the Annual General Meeting to be published later.
Betolar Plc
More information
Soila Söderström, SVP & General Counsel, +358 400 609 659
Certified Adviser
Aktia Alexander Corporate Finance Oy, +358 50 520 4098
About Betolar
Betolar is a circular economy and materials technology company that transforms industrial sidestreams into low-carbon, cement-free solutions for the mining, metals, and construction industries.
Our mission is to accelerate industrial decarbonization by reducing CO₂ emissions and minimizing the use of virgin resources through breakthrough innovations. These include our proprietary metal extraction technology, which recovers valuable metals from mine tailings and unused industrial sidestreams, turning waste into new revenue streams while reducing environmental liabilities. Alongside this, our Geoprime® geopolymer solution replaces cement in concrete products with low-carbon binders derived from industrial sidestreams, and our AI-driven analytics optimize material performance and enable predictive modelling for sustainable production. By building circular value chains and enabling environmentally responsible industrial ecosystems worldwide, Betolar delivers measurable benefits for both industry and society.
Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market, and its shares are also traded in the United States on the OTCQX International marketplace. For more information www.betolar.com.