The Annual General Meeting (AGM) must be held within six months of the termination of the financial year on a date specified by the Board of Directors. The AGM shall discuss matters assigned to it in accordance with the Articles of Association and any other business referred to in the notice of the meeting.
General Meeting 2023
Based on the shareholder’s written decision, OP Corporate Bank plc’s only shareholder, OP Cooperative, discussed the matters within the remit of the AGM on 9 March 2023, as specified in the Articles of Association: it adopted the Financial Statements for 2022, discharged members of the Board of Directors and the President and CEO from liability, decided that no dividend be distributed for the financial year 2022 and elected members to the company’s Board of Directors and the auditor.
General Meeting 2022
Based on the shareholder's written decision, OP Corporate Bank plc’s only shareholder, OP Cooperative, Annual General Meeting (AGM) of 2 March 2022 discussed the matters within the remit of the AGM, as specified in the Articles of Association: it adopted the Financial Statements for 2021, discharged members of the Board of Directors and the EVP and CEO from liability, decided to distribute a dividend of EUR 0.25 per share for the financial year 2021, and elected members to the company’s Board of Directors and the auditor.
In addition, as the company’s only shareholder, OP Cooperative decided to change the composition of the Board of Directors on 31 August 2022 and 30 November 2022, based on the shareholder’s written decisions.
General Meeting 2021
Based on the shareholder’s written decision, OP Corporate Bank plc’s only shareholder, OP Cooperative, discussed the matters within the remit of the AGM on 22 March 2021, as specified in the Articles of Association: it adopted the Financial Statements for 2020, discharged members of the Board of Directors and the President and CEO from liability, decided that no dividend be distributed for the financial year 2020 and elected members to the company’s Board of Directors and the auditor.
On 23 September 2021, the company’s only shareholder, OP Cooperative, made a shareholder decision on a matter within the remit of the General Meeting, whereby it decided to approve the partial demerger between OP Corporate Bank plc and OP Insurance Holding Ltd as specified in the demerger plan signed on 2 July 2021 and registered on 8 July 2021.
General Meeting 2020
Based on the shareholder's written decision, OP Corporate Bank plc’s only shareholder, OP Cooperative, discussed the matters within the remit of the AGM on 18 March 2020, as specified in the Articles of Association: it adopted the Financial Statements for 2019, discharged members of the Board of Directors and the President and CEO from liability, decided that no dividend be distributed for the financial year 2019 and elected members to the company’s Board of Directors and the auditor.
In addition, the company’s only shareholder OP Cooperative made a shareholder decision on 28 October 2020 on a matter within the remit of the General Meeting: it decided to update the regulation in the Articles of Association concerning the line of business with respect to reference to the Act on Investment Services.
General Meeting 2019
Based on the shareholder's written decision, OP Corporate Bank plc’s only shareholder, OP Cooperative, discussed the matters within the remit of the AGM on 19 March 2019, as specified in the Articles of Association: it adopted the Financial Statements for 2018, discharged members of the Board of Directors and the President and CEO from liability, decided to distribute a dividend of EUR 0.54 per share and elected members to the company’s Board of Directors and the auditor.
The company's only shareholder OP Cooperative also made the following shareholder decisions on 11 June 2019 on matters within the remit of the General Meeting: a regulation in the Articles of Association governing the Board of Directors was altered with respect to the composition of the Board of Directors, a decision was made on Board emoluments and Board members were elected.
General Meeting 2018
Based on the shareholder's written decision, OP Corporate Bank plc’s only shareholder, OP Cooperative, the Annual General Meeting (AGM) of 19 March 2018 discussed the matters within the remit of the AGM and adopted the Financial Statements for 2017, discharged members of the Board of Directors and the President and CEO from liability and decided to distribute a dividend of EUR 0.66 per share as well as elected members to the company’s Board of Directors and the auditor.
The company's only shareholder OP Cooperative also made the following shareholder decisions on matter within the remit of the General Meeting:
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2 July 2018: Tiia Tuovinen was selected a new member of the Board of Directors.
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17 October 2018: The regulation in the Articles of Association governing the Board of Directors was changed in respect of the number of Board members.
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29 October 2018: Vesa Aho was appointed a new Board member as of 1 November 2018 to replace Harri Luhtala, and Jarmo Viitanen was appointed a new member as of 1 November 2018.
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19 November 2018: The AGM decided on a donation of EUR 100,000 to the Haaga-Helia University of Applied Sciences.
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4 December 2018: The AGM decided to donate art to the OP Art Foundation.
General Meeting 2017
OP Corporate Bank plc’s Annual General Meeting (AGM) of 21 March 2017 adopted the Financial Statements for 2016, discharged members of the Board of Directors and the President and CEO from liability and decided to distribute a dividend of EUR 0.63 per share as well as elected members to the company’s Board of Directors and the auditor.
General Meetings in 2016
OP Corporate Bank plc's Annual General Meeting (AGM) of 15 March 2016 adopted the Financial Statements for 2015, discharged members of the Board of Directors and the President and CEO from liability and decided to distribute a dividend of EUR 0.48 per share.
In addition, the AGM decided to alter §1 of the Articles of Association, as follows: The Company’s business name is OP Yrityspankki Oyj in Finnish, OP Företagsbanken in Swedish and OP Corporate Bank plc in English. The Company is domiciled in Helsinki. The alteration of the Articles of Association was entered in Trade Register on 4 April 2016.
The Extraordinary General Meeting held on 14 December 2016 decided that OP Corporate Bank shall donate EUR 200,000 to the University of Helsinki and EUR 200,000 to the Aalto University in 2016.
Annual General Meeting 2015
OP Corporate Bank plc's Annual General Meeting (AGM) of 19 March 2015 adopted the Financial Statements for 2014, discharged members of the Board of Directors and the President and CEO from liability and decided to distribute a dividend of EUR 0.43 per share.
The Extraordinary General Meeting of 22 October 2015 adopted a demerger plan whereby some OP Corporate Bank plc's assets and liabilities transferred without any liquidation procedure to OP Omistus 1, a company established in the partial demerger. The execution of the demerger was entered in the Trade Register on 30 December 2015.