ELENIA OY ARTICLES OF ASSOCIATION
1 § The company name of the company is Elenia Oy, in English Elenia Ltd, and its domicile Tampere.
2 § The line of business of the company is to provide energy sector related services. In addition, the company may own and possess shares, interests, other securities as well as real properties, trade them and be engaged in other investment activities.
3 § The Board of Directors of the company shall comprise a minimum of three and a maximum of twelve ordinary members. Further, up to twelve deputy members may be elected. The members of the Board of Directors shall be appointed until further notice.
4 § The company may have a Managing Director appointed by the Board of Directors.
5 § The company is represented by each the Chairman of the Board of Directors and the Managing Director alone, and by two members of the Board of Directors together, as well as by the persons authorized by the Board of Directors. Moreover, the Board of Directors may grant a procuration to one or more persons.
6 § The Annual General Meeting of Shareholders is held annually within six months from the end of the financial period.
In the Annual General Meeting of Shareholders the following matters will be resolved on:
- adoption of financial statements;
- measures to be taken on the basis of the profit shown at the balance sheet; and
- discharge from liability to the members of the Board of Directors and Managing Director.