Annual General Meeting 2026
The Annual General Meeting (AGM) of Canatu Plc was held in Event Studio Eliel in Helsinki on Thursday, 16 April 2026 at 1.00 p.m. EEST.
Annual General Meeting 16 April 2026
Notice to the Annual General Meeting 2026
Proposals
Extract from the Canatu’s company release (invitation to the AGM) on 20 March 2026:
A. Matters to be considered at the AGM
The following matters will be considered at the AGM:
1. Opening of the meeting
2. Calling the meeting to order
3. Election of persons to scrutinize the minutes and supervise the counting of votes
4. Recording the legality of the meeting
5. Recording the attendance at the meeting and adoption of the list of votes
6. Presentation of the Financial Statements, also including the Consolidated Financial Statements, the Report by the Board of Directors and the Auditor’s Report for the year 2025
Review by the CEO.
Canatu Plc’s Annual Report 2025, which includes the Financial Statements, the Report by the Board of Directors and the Auditor’s Report, is available on the company’s website at the address https://canatu.com/investors/governance/general-meeting/annual-general-meeting-2026.
7. Adoption of the Financial Statements, which also includes the adoption of the Consolidated Financial Statements
8. Resolution on the use of the profit shown on the balance sheet and the distribution of dividend
The Board of Directors proposes to the AGM that no dividend be distributed for the financial period ended on 31 December 2025 and that the result for the financial period be recorded in the retained earnings account.
9. Resolution on the discharge of the members of the Board of Directors and the CEO from liability for the financial period 1 January – 31 December 2025
10. Resolution on the remuneration of the members of the Board of Directors
The Nomination Board proposes that the members of the Board of Directors be paid annual remuneration as follows:
EUR 80,000 for the Chair of the Board; and
EUR 60,000 for each ordinary member of the Board.
The annual remuneration will be paid to the Board members in proportion to the length of their term, so that for each month commencing until the next Annual General Meeting, an amount equal to the annual remuneration divided by twelve (12) shall accrue.
In addition, the Nomination Board proposes that the travel expenses of the Board members and other expenses directly related to their work be reimbursed in accordance with the company’s current practice. Additionally, each Board member is proposed to receive a fee of EUR 3,000 for meetings held outside their continent of residence.
11. Resolution on the number of members of the Board of Directors
The Nomination Board proposes that the number of members of the Board of Directors shall be seven.
12. Election of the members of the Board of Directors
In accordance with the company’s Articles of Association, Lifeline SPAC I’s sponsors have the right to appoint two Board members and the General Meeting therefore appoints the other five Board members. The company has received a notice from the sponsors, pursuant to which Timo Ahopelto and Tuomo Vähäpassi will continue as the sponsor representatives in the company’s Board of Directors. Timo Ahopelto and Tuomo Vähäpassi are appointed as members of the Board of Directors until the end of the next Annual General Meeting.
The Nomination Board proposes that of the current Board members Ari Ahola, Dino Nardicchio, Kai Seikku and Bernhard Stockmeyer are re-elected as members of the Board until the end of the next Annual General Meeting.
The Nomination Board further proposes that Anette Engelhardt is elected as a new member of the Board of Directors until the end of the next Annual General Meeting. A brief presentation of the proposed new member is available on the company’s website at the address https://canatu.com/investors/governance/general-meeting/annual-general-meeting-2026.
Of the Board nominees, Timo Ahopelto, Anette Engelhardt, Dino Nardicchio, Kai Seikku and Bernhard Stockmeyer are independent of the company and its major shareholders. Tuomo Vähäpassi is independent of the major shareholders of the company but not of the company. Ari Ahola is not independent of the company nor its major shareholders.
The Board nominees have given their consent to the election.
With regard to the selection procedure for the members of the Board of Directors, the Nomination Board recommends that shareholders take a position on the proposal as a whole at the Annual General Meeting.
13. Resolution on the remuneration of the auditor
The Board of Directors proposes to the AGM that the auditor’s remuneration be paid in accordance with a reasonable invoice approved by the company.
14. Election of the auditor
The Board of Directors proposes to the AGM that Authorized Public Accounting firm KPMG Oy Ab be re-elected as the company’s auditor until the closing of the next AGM. KPMG Oy Ab has informed that, should it be elected as the company’s auditor, Authorized Public Accountant Jussi Paski will act as the principal auditor.
15. Authorizing the Board of Directors to resolve on the repurchase of the company’s own shares
The Board of Directors proposes to the AGM that the Board of Directors be authorized to resolve on the repurchase of a maximum of 2,500,000 series A shares in one or several installments.
The price paid for the shares must be based on the price of the company’s share on the multilateral trading facility such that the minimum price of any repurchased shares is the lowest market price of the share quoted on the multilateral trading facility during the term of validity of the authorization and the maximum price, correspondingly, the highest market price quoted on the multilateral trading facility during the term of validity of the authorization. The authorization can be used to develop the company’s capital structure, finance or execute corporate acquisitions or other arrangements, implement incentive schemes for the management or key employees, or shares may be repurchased based on it to be otherwise transferred, cancelled or held by the company. The Board of Directors is authorized to decide on all other matters relating to the repurchase of the company’s own shares, including the right to decide on repurchase otherwise than in proportion to the shares held by the shareholders.
The authorization is proposed to remain valid until the closing of the next AGM, however no longer than until 30 June 2027.
16. Authorizing the Board of Directors to resolve on the issuance of shares and special rights entitling to shares
The Board of Directors proposes to the AGM that the Board of Directors be authorized to resolve to issue in total a maximum of 2,500,000 series A shares through issuance of series A shares or special rights entitling to series A shares under Chapter 10, Section 1 of the Finnish Companies Act in one or several installments, against or without payment. Based on the authorization, either new shares or treasury shares held by the company may be issued.
The authorization can be used to develop the company’s capital structure, widen the ownership base, finance or execute corporate acquisitions or other arrangements, implement incentive schemes for the management or key employees or for other purposes resolved by the Board of Directors. The Board of Directors is authorized to decide on all other matters relating to the issuance of shares and special rights entitling to shares, including the right to deviate from the shareholders’ pre-emptive rights.
The authorization is proposed to remain valid until the closing of the next AGM, however no longer than until 30 June 2027.
17. Closing of the meeting
Resolutions
Release on 16 April 2026: Resolutions of the Canatu’s AGM and the organizational meeting of the Board of Directors
Canatu Plc’s Annual General Meeting, held in Helsinki today, 16 April 2026, adopted the Financial Statements and Consolidated Financial Statements for the year 2025 and discharged the members of the Board of Directors and the CEO from liability for the financial period 1 January – 31 December 2025.
Resolution on the use of the profit shown on the balance sheet and the distribution of dividend
The General Meeting resolved that no dividend is distributed for the financial period ended on 31 December 2025 and that the result for the financial period is recorded in the retained earnings account.
Board of Directors
The General Meeting resolved that the number of members of the Board of Directors shall be seven. In accordance with the company’s Articles of Association, Lifeline SPAC I’s sponsors have the right to appoint two Board members and the General Meeting therefore appoints the other five Board members. The company had received a notice from the sponsors, pursuant to which Timo Ahopelto and Tuomo Vähäpassi will continue as the sponsor representatives in the company’s Board of Directors. The General Meeting resolved to re-elect Ari Ahola, Dino Nardicchio, Kai Seikku and Bernhard Stockmeyer as members of the Board of Directors and to elect Anette Engelhardt as a new member of the Board of the Directors until the end of the next Annual General Meeting.
The General Meeting resolved that the members of the Board of Directors are paid annual remuneration as follows: EUR 80,000 for the Chair of the Board and EUR 60,000 for each ordinary member of the Board. The annual remuneration will be paid to the Board members in proportion to the length of their term, so that for each month commencing until the next Annual General Meeting, an amount equal to the annual remuneration divided by twelve (12) shall accrue.
Further, the travel expenses of the Board members and other expenses directly related to their work are reimbursed in accordance with the company’s current practice and each Board member receives a fee of EUR 3,000 for meetings held outside their continent of residence.
The organizational meeting of the Board of Directors held after the Annual General Meeting re-elected from among its members Timo Ahopelto as the Chair and Ari Ahola as the Vice Chair of the Board of Directors.
Auditor
The General Meeting resolved to re-elect Authorized Public Accounting firm KPMG Oy Ab as the company’s auditor until the end of the next Annual General Meeting. Authorized Public Accountant Jussi Paski will continue as the principal auditor. The auditor’s remuneration is paid in accordance with a reasonable invoice approved by the company.
Authorizing the Board of Directors to resolve on the repurchase of the company’s own shares
The General Meeting resolved to authorize the Board of Directors to resolve on the repurchase of a maximum of 2,500,000 series A shares in one or several installments.
The price paid for the shares must be based on the price of the company’s share on the multilateral trading facility such that the minimum price of any repurchased shares is the lowest market price of the share quoted on the multilateral trading facility during the term of validity of the authorization and the maximum price, correspondingly, the highest market price quoted on the multilateral trading facility during the term of validity of the authorization. The authorization can be used to develop the company’s capital structure, finance or execute corporate acquisitions or other arrangements, implement incentive schemes for the management or key employees, or shares may be repurchased based on it to be otherwise transferred, cancelled or held by the company. The Board of Directors was authorized to decide on all other matters relating to the repurchase of the company’s own shares, including the right to decide on repurchase otherwise than in proportion to the shares held by the shareholders.
The authorization is valid until the closing of the next Annual General Meeting, however no longer than until 30 June 2027.
Authorizing the Board of Directors to resolve on the issuance of shares and special rights entitling to shares
The General Meeting authorized the Board of Directors to resolve to issue in total a maximum of 2,500,000 series A shares through issuance of series A shares or special rights entitling to series A shares under Chapter 10, Section 1 of the Finnish Companies Act in one or several installments, against or without payment. Based on the authorization, either new shares or treasury shares held by the company may be issued.
The authorization can be used to develop the company’s capital structure, widen the ownership base, finance or execute corporate acquisitions or other arrangements, implement incentive schemes for the management or key employees or for other purposes resolved by the Board of Directors. The Board of Directors was authorized to decide on all other matters relating to the issuance of shares and special rights entitling to shares, including the right to deviate from the shareholders’ pre-emptive rights.
The authorization is valid until the closing of the next Annual General Meeting, however no longer than until 30 June 2027.
Annual General Meeting minutes
The Annual General Meeting minutes will be available on the company’s website at the address https://canatu.com/investors/governance/general-meeting/annual-general-meeting-2026 as of 30 April 2026 at the latest.
Documentation
Important dates
- Notice to the Annual General Meeting published on 20 March 2026
- Registration commences on 23 March 2026 at 9.00 a.m. EET
- Advance voting commences on 23 March 2026 at 9:00 a.m. EET
- AGM record date 2 April 2026
- Registration and advance voting ends on 9 April 2026 at 4:00 p.m. EEST
- Annual General Meeting on 16 April 2026 at 1:00 p.m. EEST