The Board of Directors has appointed two committees consisting of its members: The Audit Committee and the Human Resources Committee. The Board has confirmed rules of procedure for both Committees.
| Audit Committee | Human Resources Committee | |
|---|---|---|
| Ulf Liljedahl | ||
| Gun Nilsson | ||
| Päivi Rekonen | ||
| Birgit Seeger | ||
| Pasi Laine | ||
| Pauli Anttila | ||
| Thomas Schulz | ||
| Chair | Member |
Audit Committee
Board’s Audit Committee comprises of the following members:
- Ulf Liljedahl, Chair since March 23, 2017, member since September 15, 2016
- Gun Nilsson, member since March 29, 2023
- Päivi Rekonen, member since March 27, 2018
- Birgit Seeger, member since March 27, 2024
All members of the Audit Committee are deemed to be independent of the Company and its significant shareholders. All members have sufficient expertise on corporate management. In addition, all members have a degree in business administration and/or economics and two of the members have CFO experience.
The Board shall appoint an Audit Committee from among its members to assist the Board in its responsibilities relating to the appropriate arrangement of the control of the Company accounts and finances pursuant to the Companies Act. The intention is not to extend the duties of the Board from what is expressly stipulated in the Finnish Companies Act. The Audit Committee shall not make independent decisions and it may rely on the information provided to it.
The Audit Committee shall have at least three (3) non-executive Board members, who are independent of and not affiliated with the Company. At least one member must be independent of significant shareholders. The members must have the qualifications necessary to perform the responsibilities of the Audit Committee, and at least one member shall have expertise specifically in accounting, bookkeeping or auditing.
The tasks and responsibilities are defined in the Charter of the Audit Committee, which is based on a Board resolution as part of the Company’s corporate governance principles.
In 2024, Konecranes’ Audit Committee convened 9 times. The attendance of the Audit Committee members at meetings was 100 percent.
Human Resources Committee
Board’s Human Resources Committee comprises of the following members:
- Pasi Laine, Chair since March 27, 2024, member since March 29, 2023
- Pauli Anttila, member since March 29, 2023
- Thomas Schulz, member since March 27, 2024
All members of the Human Resources Committee are deemed to be independent of the Company. All members of the Human Resources Committee with the exception of Pauli Anttila are deemed to be independent of the Company's significant shareholders.
The Human Resources Committee is appointed to assist the Board in its responsibilities and the Human Resources Committee does not have independent decision-making power. The Human Resources Committee consists of a minimum of three (3) directors. The Board elects the members and the Chair of the Human Resources Committee from among its members. The majority of the members shall be independent of the Company.
The Human Resources Committee is responsible for assisting and providing guidance and recommendations to the Board of Directors of the Company in fulfilling its oversight and other responsibilities. The tasks and responsibilities are defined in a Charter of the Human Resources Committee which is based on a Board resolution as part of the Company’s corporate governance principles.
In 2024, Konecranes’ Human Resources Committee convened 8 times. The attendance of the Human Resources Committee members at meetings was 100 percent.
