Principles concerning the diversity of the Board of Directors and Supervisory Board

Board of Directors

Principles concerning the diversity of the Board of Directors and Supervisory Board

Diversity is part of Atria’s responsible business operations. When planning the composition of Atria’s Board of Directors and/or Supervisory Board, diversity is considered from a variety of perspectives, and the company’s development needs and the scope of its business operations are taken into account. When selecting the members of the Board of Directors and/or Supervisory Board, the goal is that the members’ broad-based expertise and the composition of the Board support the development of Atria’s current and future business operations. A constructively questioning and challenging Board of Directors and Supervisory Board create added value for the company’s operations. This also brings diversity to their work. Atria seeks to promote the selection of members who are as qualified as possible and have broad and varied experience in various fields and to ensure that candidates of both genders have equal opportunities to be selected on the Board. Atria’s goal is to ensure that both genders are represented on the Board of Directors and the Supervisory Board, and that the representative of the minority gender is given preference if two candidates are equally competent. In addition to the aforementioned areas, the selection considers the candidates’ ability to spend a sufficient amount of time on their Board duties.

Diversity of the Board of Directors
The selection aims to ensure that the Board has core competence from a variety of fields within the value chain of Atria’s business operations, a wide range of experience of entrepreneurship and business activities, as well as know-how and understanding of iinternational business required by the company’s strategy. Rather than every member of the Board being qualified in all of the aforementioned areas, the aim is that every Board
member possesses some skills in one or more of the aforementioned areas. The diversity of the Board of Directors is furthermore supported by the members’ other complementary skills, their training and experience from different occupational fields and industries, as well as by a consideration of the Board members’ age and gender distribution. In addition to the aforementioned areas, the selection considers the candidates’ ability to spend a sufficient amount of time on their Board duties.

Diversity of the Supervisory Board
When selecting members of the Supervisory Board, the goal is to consider their expertise in the meat industry and its various types of production. Diversity is also ensured by selecting members who represent various areas of Finland. In addition, the age and gender distribution of the members of the Supervisory Board are considered, along with other skills that support the Board’s work.

Implementation of the diversity principles
To achieve the goals for the principles on diversity, the company has sought and seeks to actively communicate these goals to Atria’s shareholders. During the 2020 financial year, one member of the Board of Directors was a woman, and the other members were men, meaning that the minority gender represented 12.5% of all Board members. During the 2020 financial year, one member of the Supervisory Board was a woman, and the other members were men, meaning that the minority gender represented 5.2% of all Board members. The company’s goal of both genders being represented has therefore been met. The company’s other goals concerning the diversity of the Board of Directors and the Supervisory Board
have also been met with regard to the Board members’ in-depth knowledge of the meat business and commercial and industrial operations, and the Supervisory Board members’ expertise in the meat industry and various types of production, as well as geographical representation.