In accordance with Atria Plc’s Articles of Association, the company has a Supervisory Board elected by the General Meeting. The Supervisory Board consists of a minimum of 18 and a maximum of 21 members, who are elected for terms of three years. The Supervisory Board elects a Chairman and a Deputy Chairman from amongst its members for terms of one year. The Supervisory Board meets four times a year on average.
The duties of the Supervisory Board are specified in the Limited Liability Companies Act and Atria’s Articles of Association. The duties of the Supervisory Board are as follows:
- Supervising the administration of the company by the Board of Directors and the CEO.
- Providing instructions to the Board of Directors on matters that are of far-reaching consequence or important in principle.
- Submitting its statement on the financial statements and the auditors’ report to the Annual General Meeting.
The Board of Directors has estimated that all membes of the Supervisory Board are dependent of Atria because they are either full-time farmers who have, or are in the management of, another company that has a significant customer, supplier or partnership relationship with Atria Group for that entrepreneur/company.
All members of the Supervisory Board belong to the Board of Directors or the Supervisory Board of the significant shareholder Itikka Co-operative, the significant shareholder Lihakunta or the Pohjanmaan Liha Co-operative. The Board of Directors has estimated that those members of Atria’s Supervisory Board who are simultaneously members of the Board of Directors of Itikka Co-operative or Lihakunta, significant shareholders of the company, are dependent of the significant shareholders. Membership of the Supervisory Board of a significant shareholder alone has not been considered to cause dependence.
The company has a Supervisory Board, because shareholders of the company representing more than 50% of the votes granted by the company’s shares have expressed their satisfaction with the current model based on the Supervisory Board, because it brings a far-reaching perspective on the company’s operations and decision-making. The company believes that understanding its business requires a deep familiarity with and commitment to
meat operations from its Supervisory Board members.
In 2019, Atria Plc’s Supervisory Board met four (4) times, and the average attendance of the members was 100%.
The 19 members of Atria Plc's Supervisory Board are as follows (29 April 2020):
|
Name |
Born |
Member |
Education |
Main occupation |
Attendance in meetings |
Shareholding on 31 December 2019 |
|
Jyrki Halonen (Chair) |
1961 |
2019 |
|
Farmer |
|
660 |
|
Juho Anttikoski |
1970 |
2009 |
|
Farmer |
4/4 |
4,000 |
|
Mika Asunmaa |
1970 |
2005 |
|
Farmer |
4/4 |
11,000 |
|
Lassi-Antti Haarala |
1966 |
2006 |
Agrologist |
Farmer |
4/4 |
6,000 |
|
Jussi Hantula |
1955 |
2012 |
Agrologist |
Farmer |
4/4 |
791 |
|
Veli Hyttinen |
1973 |
2010 |
Agrologist |
Farmer |
3/4 |
1,500 |
|
Pasi Ingalsuo |
1966 |
2004 |
Agrologist |
Farmer |
4/4 |
4,000 |
|
Jussi Joki-Erkkilä |
1977 |
2016 |
|
Agricultural entrepreneur |
3/4 |
0 |
|
Marja-Liisa Juuse |
1963 |
2015 |
|
Farmer |
4/4 |
250 |
|
Juha Kiviniemi |
1972 |
2010 |
M.Sc. (Agr.) |
Farmer |
4/4 |
300 184 company authority |
|
Risto Lahti |
1990 |
2020 |
B.Sc (Food Science) |
Managing Director |
|
57 |
|
Ari Lajunen |
1975 |
2013 |
M.Sc. (Agr.) |
Farmer |
4/4 |
0 |
|
Vesa Lapatto |
1968 |
2020 |
Agrologist |
Dairy Farmer |
|
0 |
|
Juha Nikkola |
1976 |
2018 |
M.Sc. (Agr.) |
Farmer |
3/3 |
100 |
|
Mika Niku |
1970 |
2009 |
|
Farmer |
3/4 |
300 |
|
Heikki Panula |
1955 |
2005 |
M.Sc. (Agr.) |
Farmer |
4/4 |
500 |
|
Ari Pöyhönen |
1970 |
2020 |
M.Sc. (Agr.) |
Farmer |
|
1000 |
|
Risto Sairanen |
1960 |
2013 |
|
Farmer |
4/4 |
0 |
|
Ola Sandberg |
1981 |
2018 |
Agrologist |
Farmer |
3/3 |
50 |
|
Timo Tuhkasaari |
1965 |
2002 |
|
Farmer |
4/4 |
600 |
The duties of the Supervisory Board
Remunerations
Market Abuse Regulation (MAR) in EU dated 3rd of July, 2016
Due to the implementation of the Regulation of the market abuse (EU No. 596/2014, “MAR”) since the 3rd of July 2016, we no longer update the Insider Register at our website.