Atria Oyj A

Atria Plc's Nomination Board has made several proposals for the upcoming annual general meeting. Juho Anttikoski was elected as Chairman of the Nomination Board. The Board proposes electing nine members to the Board of Directors, with Pasi Korhonen and Jukka Kaikkonen suggested for re-election. Ahti Ritola will not continue, and Juha Kiviniemi is proposed to replace him. Nina Kopola and Jaana Viertola-Truini are proposed as new members. The Nomination Board also suggests increasing the remuneration for the Board of Directors and the Supervisory Board, detailing specific compensation amounts for meetings, loss of working time, and monthly fees for various roles. Travel allowances will follow the company's policy.

Atria Plc announced the establishment of new share-based incentive plans for its key employees, replacing the previous long-term incentive plan for 2024-2026. The new Performance Share Plan will cover the financial years 2025-2027 and aims to align the interests of shareholders and key employees, focusing on earnings per share, organic growth, and CO2 emissions. A Bridge Plan will facilitate the transition from the old plan to the new one, covering 2025 and 2026. Up to 40 key employees, including the Group Management Team and CEO, can participate, with potential rewards of up to two million euros in shares and cash. Rewards are contingent on continued employment and performance criteria.

Atria Plc announced a change in its financial reporting schedule for 2025. The publication time for the company's half-year report for January-June 2025 has been moved to around 1:00 p.m. due to a rescheduling of meetings. In 2025, Atria Plc will release three financial reports: the Interim Report for January-March on April 24 at approximately 8:00 a.m., the Half Year Financial Report for January-June on July 17 at approximately 1:00 p.m., and the Interim Report for January-September on October 23 at approximately 8:00 a.m. These reports will be available on the company's website shortly after publication. For further information, contact Hanne Kortesoja, Group Vice President, Corporate Communications & IR, via email or phone.

Atria Plc's interim report for January-September 2024 highlights a significant improvement in its financial performance, with an adjusted EBIT of EUR 52.1 million, surpassing the previous year's total. Atria Sweden showed notable improvements, with an increase in net sales and EBIT, partly due to restructuring and efficiency measures. Atria Finland's net sales were slightly down, impacted by lower feed sales prices and subdued Foodservice sales, though the barbecue season was successful. Atria Denmark & Estonia's net sales increased, driven by strong performance in Estonia, despite challenges in Denmark. The company is focusing on sustainability, aiming for a carbon-neutral food chain, with investments in a biogas plant in Nurmo. Atria's acquisition of Gooh! and full ownership of Kaivon Liha Kaunismaa Oy was completed, while it sold a majority stake in Best-In Oy. The report also outlines new management appointments and the launch of the Atria Growth Engine innovation program. Atria's outlook for 2024 is optimistic, expecting higher adjusted EBIT than the previous year, supported by a favorable sales structure and efficient operations. The company's market position and customer relations are seen as strengths amidst uncertainties in consumer purchasing power and potential trade policy changes.