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Extraordinary General Meeting 2024

The Extraordinary General Meeting of the company to be held on Wednesday, 28 February 2024, beginning at 10:00 a.m. (EET), at Mauno Koivisto Centre, in the President Auditorium, at the address BioCity, Tykistökatu 6, FI-20520 Turku.

Each shareholder, who is registered on 16 February 2024 in the company’s shareholders' register held by Euroclear Finland Ltd, has the right to participate in the Extraordinary General Meeting. A shareholder whose shares are registered in his/her personal Finnish book-entry account is registered in the company’s shareholders’ register.

Registration
A shareholder who wishes to attend the Extraordinary General Meeting must notify the company of their intention of doing so by
21 February 2024 at 16:00 p.m. (EET), by which time the registration must be received. 

Register to the Extraordinary General Meeting 2024 using this link

 

Documents of the Extraordinary General Meeting

Notice to convene to Extraordinary General Meeting (Stock Exchange Release 29 Jan 2024) 

Agenda

Proposals of the Board of Directors to EGM

Annual and CR report 2022

HKScan’s profitability improved, but January-March EBIT slightly negative (10 May 2023)

HKScan’s Half Year Financial Report 2023: HKScan’s net sales continued to grow and EBIT strengthened clearly (9 Aug 2023)

Interim Report Q3/2023: HKScan’s EBIT showed a clear improvement (8 Nov 2023)

Background material:

Description of the events that affect the company's position after publishing Q3/2023 Interim Report:

15 Nov 2023: HKScan is starting Finnish poultry meat exports to China

HKScan is launching Finnish poultry meat exports from Finland to China. Exports are expected to start during the first months of 2024. Today’s export approval for Finnish poultry meat is a new step for the company’s export activities. HKScan currently exports Finnish pork to China.

29 Dec 2023: Inside information, positive profit warning: HKScan Corporation's comparable EBIT from continuing operations will grow clearly compared to 2022 

HKScan Corporation, Stock exchange release, inside information, 29 December 2023, at 2.01 pm
On 29 December 2023, HKScan Corporation announced the signing of an agreement to sell the shares of its Swedish subsidiary HKScan Sweden AB to the Swedish agricultural cooperative Lantmännen ek för.
Following the signing of the agreement, HKScan Corporation updates its financial guidance for 2023.

Updated guidance for 2023

HKScan expects that the Group’s comparable EBIT from continuing operations will grow clearly compared to 2022.
HKScan now estimates the 2023 comparable EBIT for the Group to be EUR 24 - 27 million. The Group's comparable EBIT for 2022 was EUR 9.7 million. The 2023 comparable EBIT for the Group's continuing operations, which following the sale of the Swedish business consist of the Finnish and Danish business, is estimated to be EUR 13 - 16 million. The continuing operations include the Polish bacon production unit, which has earlier been reported as part of the Swedish business unit, but which is not included in the abovementioned sale and will thus in the future be reported as part of the Finnish business unit. The comparable EBIT for 2022 for the Finnish and Danish business units (including the Polish unit) was EUR −2.8 million.

11 Jan 2024: HKScan planning to centralize its poultry meat packaging activities from Eura to Rauma and/or Forssa

HKScan is planning to improve the efficiency of its production operations by centralising the poultry packing activities currently located in the Eura unit to the company's production units in Rauma and/or Forssa. The plan involves reorganising operations, adjusting staffing levels and renewing operating methods. Through the efficiency plan, HKScan aims to achieve annual savings of around EUR 1 million as from the third quarter of 2024.  

HKScan Corporation Articles of Association 

Resolutions passed by the Extraordinary General Meeting 

Minutes of the Extraordinary General Meeting

A template for the proxy document

Data file

 

 29 Jan 2024

Invitation to the Extraordinary General Meeting has been published

16 Feb 2024

Record date of the Extraordinary General Meeting

21 Feb 2024, at 16.00 p.m. (EET)

Registration for the Extraordinary General Meeting ends
Registration instructions and deadlines for holders of the nominee registered shares are in the meeting notice

28 Feb 2024, at 10:00 a.m. (EET)

Extraordinary General Meeting, Turku
Reception of those who have registered for the meeting will start at 9:00 a.m. (EET).

13 Mar 2024

The minutes of the Extraordinary General Meeting will be available on the website at www.hkscan.com