The following persons have been appointed to Neste Oil Annual General Meeting's Nomination Committee: Director General Pekka Timonen from the Ownership Steering Department at the Prime Minister's Office; Timo Ritakallio, Deputy CEO, Ilmarinen Mutual Pension Insurance Company; and Mikko Koivusalo, Director, Investments, Varma Mutual Pension Insurance Company. The Chairman of Neste Oil's Board of Directors Timo Peltola serves as the Committee's expert member.

According to the decision made by the Annual General Meeting on 14 April 2011, the Nomination Committee consists of the representatives of the three largest shareholders as of 1 November 2011, and - as an expert member - the Chairman of the Board of Directors. The Nomination Committee is to prepare by 1 February 2012 a proposal concerning the composition and remuneration of the Board of Directors to be elected in the Annual General Meeting.

Tags: Neste Oil Corporation