The Annual General Meeting decides on the remuneration of the Board of Directors.
The Annual General Meeting 2026 decided on the annual fees of the Board of Directors as follows:
- Chair EUR 66,000/year
- Members EUR 33,000/year
- Board member who acts as the Chairman of the Audit Committee EUR 49,000 per year.
Out of the annual remuneration to be paid to the Board members, 40% of the total gross remuneration amount will be used to purchase Teleste Corporation’s shares for the Board members through trading on a regulated market organized by Nasdaq Helsinki Ltd, and the rest will be paid in cash. In was resolved that the members of the Board of Directors shall, in addition, be paid a meeting fee of EUR 400 for each board meeting they attend.
In was resolved that the members of the board committees shall be paid a meeting fee of EUR 400 for each committee meeting they attend, with the exception of the Chairman of the Board, who shall not be paid per-meeting fees for committee meetings, and the Chairman of the Audit Committee, who shall not be paid per-meeting fees for Audit Committee meetings.
Board members’ travel expenses shall be reimbursed in accordance with the company’s prevailing practice.
Updated 2026