The Board may establish special committees to assist the Board in the preparation and discharge of its duties and responsibilities, determine their size, composition and functions, and approve their charters. The Board may also establish ad hoc committees to prepare specific matters. The Board does not generally approve the charters for such committees, nor does it publish information on their term, composition, number of meetings or attendance rates of members.

The Company's Board has not appointed any committees. The Board has concluded that, given the size of the Group, the scope of its operations, and its control systems, separate committees are not necessary.

Diversity is a key principle in the selection of the Board members and in deciding on its composition, to ensure that the Company has a skilled, competent, experienced and effective Board. Diversity is a key factor for a well-functioning Board. The Board must always be able to respond to the needs of the Company's business and strategic objectives, as well as support and constructively and proactively challenge the Company's management. A diverse Board composition supports and serves the current and future needs of the Company's successful development. The Board must take these diversity principles into account when preparing its proposals for the election of members to the AGM.

The diversity of the Board includes the complementary education, expertise, networks, and experience of the Board members from various professions and business management at different stages of development, as well as the diverse personal characteristics of the Board members, which contribute to the Board's diversity and, in turn, promote its effective functioning as a group. Diversity is also supported by relevant experience from industries and markets that are strategically important for the Company now and in the future, strong and relevant expertise in the international operating environment and business, and a diverse distribution of age, term, and gender.

Both genders are equally represented on the Board, and the Company adheres to the Limited Liability Companies Act and the Corporate Governance Code's objective that at least 40% of Board members represent the less represented gender. To achieve this objective, the Board includes representatives of both genders in the selection and evaluation process for Board members. The Board monitors diversity and progress towards the aforementioned objectives in its evaluation discussions, and this is reported in the Company's Corporate Governance Statement.

The Board appoints and dismisses the CEO of Easor. The Board decides on the CEO's financial benefits and other terms related to the CEO's position within the framework of the valid remuneration policy presented to the AGM. The terms of the CEO's duties are defined in a written executive agreement. The CEO is responsible for the management, supervision, and control of the Company's business operations.

The CEO is responsible for the day-to-day management of Easor in accordance with the instructions and orders issued by the Board. In addition, the CEO ensures that the Company's accounting practices comply with Finnish legislation and that its financial affairs are reliably managed. The duties of the CEO are primarily governed by the Limited Liability Companies Act. The CEO provides the Board and its members with the information necessary for the Board to perform its duties.

The CEO prepares matters to be decided by the Board, develops the Company in line with the targets approved by the Board, and ensures the proper implementation of the Board's decisions. The CEO is also responsible for ensuring that the Company is managed in accordance with applicable laws and regulations. The CEO is not a member of the Board but regularly attends Board meetings and has the right to speak at Board meetings.

Otto-Pekka Huhtala is the CEO of Easor.