The agreed retirement age of the parent company President is 60, the pension amounting to 66% of the salary. The agreed retirement age of the parent company Executive Vice President and Kronans Droghandel AB's President is 60 and their pension is 60% of the salary. Moreover some Group company Presidents have the option of retiring at 61-63 years of age, with the pension amounting to 60% of their salaries.
In the chapter describing the service contract of the President, on page 69, the pension of the President is wrongly announced to be 60% of the salary. In accordance with the above, the correct pension is 66% of the salary.
Orion Corporation
Jari Karlson Olli Huotari
CFO General Counsel
Distribution:
Helsinki Exchanges
Media
Publisher:
Orion Corporation
Corporate Administration
Orionintie 1A, 02200 Espoo
Homepage: www.orion.fi