Kemira Annual Report 2005

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Corporate GovernancePekka OjanpääM.Sc. (Econ.), b. 1966, Executive VicePresident, Procurement and Logistics,and member of both ManagementBoards since 2005. In sales and logisticsmanagerial positions with NokiaCorporation 1994–1998, ManagingDirector of Nokia Hungary 1998–2001, Director/VP Sourcing & Procurement,Nokia/ElectromechanicsSLM 2001–2004.Visa PekkarinenM.Sc. (Econ.), eMBA, b. 1951, Presidentof BA Paints & Coatings since2000. Member of the OperationalManagement Board. Sales Managerwith Valio 1980–1983. MarketingManager with Saarioinen 1983–1988.With Kemira since 1988: Head of BUDecorative Paints of Tikkurila Oy1988–1996, Managing Director ofTikkurila Oy since 1997.Timo-Pekka RätyM.Sc. (Econ.), b. 1966, Executive VicePresident, Information Technologysince 2006, member of both ManagementBoards. Management consultantat SIAR-Bossard 1991–1994.Management consultant at MecrastorOy 1994–1998. Manager at AndersenConsulting 1998–2000 and SeniorManager 2000. Development Directorat Finland Post Corporation 2000–2005.Helena TammiM.Sc. (Agr. & For.), b. 1956, ExecutiveVice President, Human Resourcessince 2004. Member of both ManagementBoards. Trainer with KeskoOy 1987–1989. Product manager,Valio Oy 1989–1996, Manager ofValio’s Helsinki plant 1996–2000, incharge of Human Resources withValio 2000–2004.Hannu ToivonenD.Sc. (Tech.), b. 1947, Executive VicePresident, Research & Technologysince 2000. Member of the StrategicManagement Board. Researcher andacting Director of Kemira’s Espoo ResearchCentre 1973–1987. Head ofBU Speciality Chemicals 1988–1994and Manager of the Vaasa plant1988–1997. Technology Director ofKemira Chemicals Oy 1997–2000.In 2005, other members of the ManagementBoards also included TomasForsgård, Lennart Johansson and JuhaniLindholm. Tomas Forsgård heldthe position of EVP, Strategy and Performanceand was a member of bothManagement Boards until December6, 2005, after which he took over theposition of SVP of SBU Chemidet apart of BA Performance Chemicals.Lennart Johansson was President ofthe BA Kemwater and member ofthe Operational Management Boarduntil October 31, 2005. In addition tohis primary responsibilities, LennartAlbertsson was responsible for BAKemwater before Mats Jungar. JuhaniLindholm held the position of Presidentof BA Pulp & Paper Chemicalsand was a member of the OperationalManagement Board until September2005.Details of the stock option schemeand share-based incentive plan formanagement are given on page 82.Kemira Corporate CentreThe Corporate Centre sees to the exploitationof the Group’s internal synergiesand manages and coordinatescertain Group-wide functions. Formore information:www.kemira.com.InsidersIn accordance with the Finnish SecuritiesMarket Act, Kemira Oyj’s insidersconsist of insiders with a duty toreport, permanent company-specificLauri Junnila, Hannu Toivonen and Raija Arasjärvi.Visa Pekkarinen42
insiders and project-specific insiders.Insiders with the duty to report are,on the basis of their position, themembers of the Supervisory Boardand the Board of Directors, the managingdirector and the deputy managingdirector, the members of thecompany’s Management Boards andthe auditor or the principal auditor ofthe independent firm of public accountants.Kemira Oyj’s permanentcompany-specific insider group comprisescertain other persons who arespecified separately by the Board ofDirectors.Kemira Oyj complies with the insiderguidelines issued by the HelsinkiStock Exchange, according towhich it is recommended that insiderstime their trading in the company’sshares during periods when themarkets have the fullest possible informationon factors influencing thevalue of the company’s share. In linewith this principle, Kemira Oyj’s insidersmust not trade in the company’sshares during the 30 days prior topublication of the company’s interimreport or financial statement bulletin.Kemira Oyj’s insider register ismaintained by the Kemira CorporateCentre, which updates the public insiderregister of the Finnish CentralSecurities Depository Ltd with informationconcerning insiders with aduty to report.Provided in the list are insiders’shareholdings in Kemira Oyj at January 1, 2006. Shareholdings include the personalshareholding and the holdings of related parties as well as holdings incompanies wherein the person has significant influence or control. Persons belongingto Kemira’s public insiders did not hold any share options at January 1,2006. The updated shareholding information can be found on the company’swebsite www.kemira.com under Investors, Share, Insiders.Name Position SharesAlbertsson Lennart Deputy President, BA Kemwater 1 420Arasjärvi Raija EVP, Group Controller 3 500Armstrong Elizabeth Member of the Board 0Bergholm Heikki Member of the Board 5 000Elo Mikko Member of the Supervisory Board 0Hakkila Jukka EVP, Group General Counsel 0Junnila Lauri President, BA Pulp & Paper Chemicals 0Kainulainen Pekka Member of the Supervisory Board 2 300Kerminen Harri President, BA Performance Chemicals 5 680Kurkilahti Lasse President and CEO 18 200Leppä Timo EVP, Group Communications 2 950Långström Mikko Member of the Supervisory Board 12 100Malmivirta Eija Member of the Board 2 700Mattsson Ove Member of the Board 19 300Niilekselä Hannu Responsible auditor 0Ojanpää Pekka EVP, Purchasing and Logistics 0Ollila Heikki Member of the Supervisory Board 0Pehu-Lehtonen Kaija Member of the Board 0Pekkarinen Visa President, BA Paints & Coatings 6 880Rahkonen Susanna Member of the Supervisory Board 0Ranki Risto Member of the Supervisory Board 920Ranta-Muotio Aulis Chairman of the Supervisory Board 300Räty Timo-Pekka EVP, IT 0Sarlund Katri Member of the Supervisory Board 0Soila Anssi Chairman of the Board 25 800Tammi Helena EVP, Human Resources 2 840Tapio Markku Member of the Board 0Tirkkonen Esa Deputy President and CEO 8 175Toivonen Hannu EVP, Research & Technology 2 840Jukka Hakkila, Visa Pekkarinen, Timo Leppä and Harri Kerminen.Esa Tirkkonen and Helena Tammi.43
Page 1 and 2: Annual Report 2005Annual Report 200
Page 3 and 4: Kemira is a chemical group that is
Page 5 and 6: In November, Kemira announcedit was
Page 7 and 8: Kemira’s way of workingWe are a r
Page 9 and 10: Kemira takes the leading positionDu
Page 11 and 12: secured a complete product palette
Page 13 and 14: started up in Stockholm, Sweden at
Page 15 and 16: achieve strong growth in the market
Page 17 and 18: existing products to make sure that
Page 19 and 20: EUR millionNet salesEUR millionCapi
Page 21 and 22: ship. About 100 Kemira employees pa
Page 23 and 24: Number of personnelaverage(Permanen
Page 25 and 26: For years now, Kemira’s titanium
Page 27 and 28: The importance of managingdata on r
Page 29 and 30: The first requirements of the VOCdi
Page 31 and 32: The Group also initiated an integra
Page 33 and 34: closed, partly as a result of damag
Page 35 and 36: (REACH deals with the registration,
Page 37 and 38: Environmental data for the Kemira g
Page 39 and 40: Corporate GovernanceThe corporate g
Page 41 and 42: with the procedures and principlesc
Page 43: President since 2001, Kemira’s Ch
Page 47 and 48: 60 million. For Kemira, the Uruguay
Page 49 and 50: Kemicond methodA Kemira-developed s
Page 51 and 52: CompanyKemiraGroup’sHolding %City
Page 53 and 54: Pulp & Paper ChemicalsKemwaterPerfo

Kemira Annual Report 2005

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