Nokian Renkaat Oyj

At the Nokian Renkaat Oyj general meeting on 2 April 2020, Folketrygdfondet, manager of the Government Pension Fund Norway, voted against item 15 for the following reasons:

Item 15: Election of auditor

The auditor's fees for non-audit-related services in 2019 exceeded those for audit-related services. In Folketrygdfondet's view, the importance of auditor independence merits in favor of voting against the reappointment under such circumstances.