Shareholders' General Meeting
The General Meeting of Shareholders hold the highest power of decision in Fazer Group.
The Annual General Meeting must be held within six months after the end of the financial year, at the latest in June in Helsinki or Vantaa. The Annual General Meeting addresses issues it is responsible for, according to current legislation and Fazer’s Articles of Association, such as adoption of the consolidated and parent company's financial statements, deciding on discharging the Board of Directors as well as President and CEO from liability, deciding on dividend distribution, appointing the Board of Directors and Auditors as well as deciding on their compensation.
According to the Articles of Association, notices of meetings for the General Meeting are sent by regular mail at the latest 14 days before each General Meeting.
An Extraordinary General Meeting must be held, for example, when the Board of Directors considers it necessary.