Company Releases

Composition of Betolar Plc’s Shareholders’ Nomination Board

20.8.2025

Betolar Plc
Company Release 
20 August 2025 at 8:15 a.m. EEST          

Composition of Betolar Plc’s Shareholders’ Nomination Board

The Shareholders’ Nomination Board of Betolar Plc consists of four members. The right to appoint shareholder representatives belongs to the four shareholders holding the largest number of votes of all shares in the Company on the first business day of August preceding the Annual General Meeting. In addition, the Chairperson of the Board of Directors serves as an expert member of the Nomination Board.

The representative of the largest shareholder shall be selected as the Chairperson of the Nomination Board, unless the Nomination Board decides otherwise.

The composition of the Shareholders’ Nomination Board of Betolar was determined based on holdings on 1 August 2025. The following members have been nominated to Betolar’s Shareholders’ Nomination Board:

  • Alexander Ehrnrooth, Chairperson of the Shareholders’ Nomination Board, representing shareholder Nidoco AB

  • Juha Leppänen, shareholder

  • Olli-Pekka Kallasvuo, representing shareholder Ajanta Innovations Oy

  • Karoliina Lindroos, representing shareholder Ilmarinen Mutual Pension Insurance Company

In addition, Anders Dahlblom, Chairperson of the Board of Betolar serves as an expert member of the Nomination Board.

The purpose of the Nomination Board is to annually prepare and present proposals on the composition and remuneration of the Board of Director to the Annual General Meeting, and to an Extraordinary General Meeting, when necessary. In addition, the Nomination Board’s duties include identifying successor candidates for the Board Members and preparing the Board of Directors’ diversity principles.

The Nomination Board will give its proposal to the Company’s Board of Directors for the 2026 Annual General Meeting no later than January 31, 2026.

Betolar Plc

Further enquiries:

Soila Söderström, SVP & General Counsel, puh. +358 400 609 659

Certified Advisor:

Aktia Alexander Corporate Finance Oy, tel. +358 50 520 4098 

About Betolar Plc

Betolar is a circular economy enabler and materials technology specialist, providing innovative solutions to help use industrial sidestreams to produce low-carbon and cement-free products for the mining and construction sectors. Betolar's mission is to help reduce carbon emissions and the use of virgin resources in mining and construction.

Betolar's circular economic innovations significantly reduce CO2 emissions from cement use and the use of virgin raw materials by utilizing industrial sidestreams.  Betolar is continuously developing its low-carbon Geoprime solution for the mining, metals and construction industries. In addition, Betolar's AI-based data platform creates value from industrial side streams and accelerates solution development. The SidePrime analytics service, based on the data platform, maps the potential for utilization of industrial sidestreams and waste.

Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market. For more information www.betolar.com.

Subscribe to our releases