Stock exchange release
March 7, 2003
PROPOSAL OF A GROUP OF SHAREHOLDERS FOR
PROPOSAL OF A GROUP OF SHAREHOLDERS FOR THE COMPOSITION OF THE BOARD OF DIRECTORS OF FISKARS CORPORATION Shareholders representing more than one third of all the votes in Fiskars Corporation make the following proposal to the General Meeting of Shareholders of Fiskars Corporation to be held on March 13, 2003 regarding election of Board members. The above-mentioned group of shareholders suggests that the number of ordinary members of the Board of Directors be six. The group of shareholders suggests that Göran J. Ehrnrooth and Thomas Tallberg, whose term of office will expire at the forthcoming General Meeting, be re-elected. Fiskars Board will thereafter consist of Göran J. Ehrnrooth, Mikael von Frenckell, Robert G. Ehrnrooth, Thomas Tallberg, Gustaf Gripenberg and Olli Riikkala. The above-mentioned group of shareholders also proposes that the number of the deputy members of the Board of Directors be two. The group of shareholders suggests that deputy Board members Paul Ehrnrooth and Alexander Ehrnrooth, whose terms of office will expire at the forthcoming General Meeting, be re-elected. All proposed Board members and deputy Board members have given their consent for re-election. The Board proposes that the General Meeting amend the Articles of Association so that the term of office of the Board members and deputy members shall expire at the end of the Annual General Meeting first following the election. The above-mentioned group of shareholders supports the proposal of the Board. If the Annual General Meeting approves the proposal, the term of office of all Board members and deputy members will expire at the end of the Annual General Meeting in 2004. Bertel Langenskiöld President & CEO