Proposal by the Sampo Nomination and Compensation Committee for the compensation of the members of the Board of Directors

The Nomination and Compensation Committee of the Board of Directors will propose to the Annual General Meeting on 19 May 2021, each member of the Board of Directors an annual fee of 95 until the end of the next General MeetingEUR 000 to be paid The meeting and the Chairman of the Board of Directors receive EUR 184000 In addition, the Nominations and Compensation Committee proposes that the members of the Board of Directors and its committees be paid the following annual fees:

The proposed increase in the annual fees for board members is approx 2 percent An increase in the annual fees of the members of the Board of Management was last announced at the general meeting on 2 In determining the proposed fees, the Committee has taken into account the impact of financial regulation on board work requirements and annual fees paid to boards of directors of companies similar to the Sampo Group

Potential statutory social and pension costs for board members who are permanently resident outside Finland will be borne by Sampo plc in accordance with applicable national law. In addition, the actual travel and accommodation costs of a board member will be reimbursed

According to the resolution of the general meeting, a board member acquires the A shares of Sampo plc at the price paid in public for 50 percent of his annual fee after deduction of taxes, payments and potential statutory social and pension costs The company pays a possible transfer tax in Connection with the acquisition of the company shares

A member of the Management Board must purchase shares in 2021 after the publication of the interim declaration for January to September 2021 or, if this is not possible due to insider regulations, at the earliest possible date thereafter

A board member is obliged to hold the Sampo A shares in his possession for two years from the date of purchase. However, the sales restrictions for the Sampo shares will be lifted earlier if the membership of the board of directors ends before the release of the restricted shares I.e The shares will be released at the same time when the term of board membership ends

Investors have been fixated on growth companies for the past year, and one segment that has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth as another important catalyst looms on the horizon, the Completely Transform the Industry As expected, a democratically-led Senate was good news for those looking to promote marijuana reforms at the federal level And it looks like the expected changes may come sooner than originally expected. Backed by Senate Majority Leader Chuck Schumer, Democratic Senators have announced that they will push for marijuana legalization at the federal level and promise “a unified draft discussion on the Comprehensive [cannabis] reform “in the first half of this year The declaration meets expectations that a majority in Democratic Congress will pass a law to legalize marijuana and President Biden will sign investors also consider further legalization measures at the state level A key state in this regard is New York. So the cannabis industry is looking up. There is a growing network of state legalization regimes and the expectation of a change in federal policy Both Put Upward Pressure On Cannabis Stocks With that in mind, we used TipRanks’ database to find two cannabis stocks that were rated “Strong Buys” by analyst consensus. Both have had impressive performances since the start of the year and will be for the year ahead Keeping Up Village Farms International (VFF) We’re starting with Village Farms International, a long-time niche farming company.The company started out as a farmer and produced high quality greenhouse vegetables for sale in the North American market year-round.This background went well to company for a transition into the cannabis industry – Village Farms has experience in greenhouse production and industrial cultivation Village Farms shares have had a tremendous growth profile, up 327% in the past 12 months – with a sharp rise in the last days Two important pieces of news have accelerated the surge since late January. First, the company has $ 15 million in debt $ It repaid early in full early during its acquisition of cannabis grower Pure Sunfarms in November, and second, Village Farms increased its investment in Asian cannabinoid company Altum by 50% to maintain a 10% stake in the move Increases Village Farms’ international reach and ability to increase Altum holdings in the future The company was able to fund these moves as it had a successful share sale in January, adding another 10.8 million shares in the market and raising new capital of $ 135 million In addition to its strong capital and expansion positions, Village Farms reported solid financial results. The company posted revenue of $ 43 million for the third quarter of 20, up 125% year-over-year and earnings per share of $ 135 million 1 cent per share, a reversal from a loss of $ 010 i In the same quarter last year, Eric Des Lauriers, 5-star analyst, reports on Village Farms for Craig-Hallum: “Village Farms has clearly established itself as the leading cannabis producer in Canada with the No. 1 and Industry Leading Profitability Established Canadian cannabis sales rose 128% year-over-year from 2020 to October (last available) and the number of pharmacies is set to accelerate through 2021, giving VFF revenue a tailwind “In relation to US markets and VFF’s position in Canada’s larger neighbor, the analyst adds: “At 5M with 7M SF Greenhouses in TX, the company also has a real U.S. option that is finally being appreciated by investors after the GA election.The VFF was historically undervalued compared to less profitable competitors, but we expect stocks to continue higher To that end, Des Lauriers is rating VFF as a buy, and its target price of $ 25 suggests the stock has room for ~ 26% upside in the year ahead (Um To see Des Lauriers’ track record, click here) There are a total of 3 recent ratings on VFF stock, and all of them are buys, giving the stock a consensus rating for analysts from Strong Buy and a general consensus on Wall Street about the company’s strengths and the price of stocks is 19 USD90 and the $ 24 average target price of 33 implies an upward movement of ~ 23% for the coming year (See VFF stock analysis on TipRanks) TerrAscend Corporation (TRSSF) The next cannabis stock we look at, TerrAscend, is another Major cannabis producer in the United States, Canada and Europe Operating in both the medical and recreational side of the market, the company builds, manufactures and markets a range of products under numerous brand names TerrAscend’s US operations are located in California, Pennsylvania , New Jersey and Utah Company plans to expand as more states legalize cannabis As a strong sign of the strength of the cannabis industry, TRSSF shares have risen a sky-high 624% in the past 12 months.The growth was driven by expanding cultivation activities in California and Pennsylvania as well as entering Propelled New Jersey’s Adult Recreational Market Last month, TerrAscend completed an unmediated sale of private placement shares, bringing more than 18 million common shares to the market (selling price was CAD35 ($ 9) 72) and the offering brought in $ 224 million CAD (USD 176) a3 million) The majority of the proceeds – around 80% of the total proceeds – were generated by four large institutional investors based in the USA The funds raised will be used to further expand the extension of the company (TRSSF plans to expand the extension – and expand manufacturing operations in New Jersey) and to continue the acquisition of & acquisition activities TerrAscend’s rapid growth and strong future prospects have drawn the attention of top analysts including 5-star analyst Eric Des Lauriers of Craig-Hallum (see above) “TerrAscend is a leading multi-state operator (MSO) in the US cannabis market with world-class management, assets and access to deal flow, and we’ve been optimistic about the company since we started reporting last year are pleased that the TRSSF team exceeded our expectations This has resulted in rapid increases in margins and operational leverage that have earned them a solid place at the top tier of MSOs, “Des Lauriers noted, the analyst summarized:” [At] $ 280 million that has been since With elections and federal reform rallied and progressing faster than expected, we believe TRSSF deserves a Peer Bonus “In line with his bullish comments, Des Lauriers rates TRSSF stock with a buy and has a target price of $ 20 that implies ~ 31% upside potential for the next 12 months We’re again looking at a stock with broad approval from Wall Street analysts – the Strong Buy consensus rating is unanimous based on 7 recent ratings, stocks sell for $ 1530, and their recent appreciation pushed that price down to nearly $ 1543 average price target (see TRSSF stock analysis on TipRanks) To find great ideas for trading cannabis stocks at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that brings together all of the insights into TipRanks stocks Disclaimer: The opinions expressed in this article are solely those of the Featured Analysts Content is intended for informational purposes only. It is very important that you do your own research before making any investment

(Bloomberg) – Justin Sun, the 30-year-old crypto entrepreneur who bought GameStop Corp valued at $ 10 million at the height of his Reddit-fueled rally is forecast to see a paradigm shift in investing as younger people move in That same week, Elon Musk announced that he had invested $ 1 billion from Tesla Inc.Sun said a new way of internet-powered investing would benefit cryptocurrencies as well as stocks of companies that are able to understand and adhere to meme culture. “Sun said he was willing to hold onto his GameStop stocks , which he bought near the highs late last month to take advantage of the adrenaline rush that lured private investors into so-called meme stocks.He also bought $ 1 million in AMC Entertainment Holdings Inc and another $ 1 million in silver The GameStop position is now worth only $ 2 million, Sun said”I think I’ll hold. Even if I lose money on GME stock, I still believe this is a paradigm shift,” Sun said in an interview with Bloomberg Television. “In the past, we’ve all followed the advice of financial analysts , and nowadays people will make their own decisions. “GameStop grew nearly eight-fold in the last week of January as retail investors were fueled by Reddit forums and Discord chats piling up in the stock, causing professional hedge funds to buy the stocks The price of GameStop has since fallen from a high of $ 483 to around $ 50, generating losses for retail investors who bought at the top and sparked wider debate over whether this type of Community-controlled trading can be continuedSun founded the blockchain business Tron in 2017 and has since expanded to other decentralizations acquisition technologies and platforms such as BitTorrent Inc, Steemit and DLive made headlines in 2019 by spending a record $ 4 million at Warren Buffett’s annual charity auction to have dinner with aging investor Sun said he advised Buffett to buy Bitcoin and Tesla when he did Had dinner with him last year “Elon Musk is not only a CEO of the company, he’s the exponent of this kind of meme culture and exponent of this kind of new generation movement,” Sun said Going forward, these kinds of community-driven trends will require the company’s CEOs to be more engaging with the community and their fan base, Sun has also been working on a Chinese version of Clubhouse, the social networking app that was recently blocked by China’s censors Clubhouse is “a very effective way for people to expand their social networks,” Sun said “But of course every country has its regulations, so we will definitely have such a moderation system to identify and moderate the content”” Sun has been censored before His Peiwo app was slammed by China’s leading state news agency for spreading vulgar and pornographic content”DLive, the live streaming platform that BitTorrent bought late last year, has also been scrutinized by US lawmakers for its role in broadcasting the US Capitol Riots Sun declined to comment on the controversy Meanwhile, Tron, the Tron Foundation-affiliated cryptocurrency, has not benefited as much from the craze of retailing as some other digital coins over the past few months, and according to a CoinMarketCap- Ranking in terms of market value on 20th Sun said he would hire more celebrities and artists to better position Tron as a “meme-friendly” coin. “The meme is very important in the cryptocurrency world,” he said. For more articles like this, please visit us on BloombergcomSubscribe now to stay ahead of the game with the most trusted business news source © 2021 Bloomberg LP

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Retirement account holders have long had trouble converting the money in their 401 (k) to income. Later this year, possibly in the third quarter, plan sponsors will need to have two lifetime income graphs on their retirement statements at least annually Admitting Participants Essentially, the figures show how much income a participant’s account balance would generate in today’s dollars if they were used to purchase a single life annuity or a qualifying joint and 100% survivor’s pension

(Bloomberg) – Apple Inc.Work on a car has brought to the fore several potential manufacturing partners capable of building an electric self-driving vehicle for the tech giant, the secret project has gained momentum in recent months and several former Tesla Inc Executives who will be overseen by Apple’s leading artificial intelligence manager and driving the road testing initiative, known as Project Titan in Apple, is attracting great interest due to its potential to improve the auto industry and supply chains, much like the iPhone on the Smartphone MarketRead More: Apple’s Car Is At Least Half A Decade Away If Apple is committed to building a car, it will likely seek multiple partners – including a key partner to assemble the vehicle and many others to supply key components to the following companies – their agents refused to comment – are possible candidates: The FoxconnFoxconn Technology Group already has a close relationship with Apple For well over a decade, it has been the US. The company’s largest manufacturing partner, which assembles most of the world’s iPhones and a large portion of its Macs and iPads from huge complexes employing more than a million people across China, in October, Foxconn, whose main line is Hon Hai Precision Industry Counveiled its first electric vehicle chassis and software platform that will help automakers bring models to market faster, and plans to bring out a solid-state battery by 2024, the Taiwanese company founded by billionaire Terry Gou announced a plan in early 2020 to set up a joint venture with Fiat Chrysler to develop and manufacture electric vehicles in China, although Foxconn itself will not be involved in any assembly.In January, Foxconn signed a manufacturing contract with the Chinese EV startup Byton Ltd with the aim of mass production of its M-Byte model by the first quarter of 2022. Another company was also established with the Chinese Zhejiang Geely Holding Group Co Headquartered in Ontario, Canada, MagnaMagna is the world’s third largest automotive supplier and has a contract manufacturing facility with years of experience making entire models of cars for a variety of makes of automobiles. Magna manufactures everything from chassis and car seats to sensors and software for Driver assistance functions Car manufacturers such as BMW AG and Jaguar Land Rover have rented their Magna Steyr unit and outsourced production to their plant in Graz, Austria Magna also offers its engineering and manufacturing services to EV startups Last fall, it was agreed that Fisker Inc with an EV platform for its Ocean SUV and additional self-driving functions in January In December, Magna invested around 450 million US dollars in a joint venture with the Korean company LG Electronics Inc. Making EV Drives Building the ArcFox Alpha-T for Beijing Automotive Group Co also expands its manufacturing base in China, the largest electric vehicle market – the first vehicle to be assembled outside of Europe, it also has the benefit of an earlier relationship with Apple: The two were in talks to build Apple’s car when the iPhone maker embarked on this route about five years ago Hyundai or KiaHyundai Motor Co and its subsidiary Kia Motors Corp have attracted the most attention this year, thanks in part to Hyundai, which first confirmed reports last month in Korea that it was talks with Apple, but the automaker quickly fell back, recently reiterating that there were no talks between Hyundai and Kia have both plants in the USASin Alabama and Georgia Their special EV platform offers a range of over 500 kilometers and can charge car batteries to 80% in 18 minutes.While the two sell electric vehicles derived from existing models, they will start selling vehicles based on the special electric vehicle platform starting in March In order to reduce costs and improve power efficiency, they plan to introduce a total of 23 new EV models and sell 1 million units worldwide by 2025 The big downside that Hyundai and Kia have is the recent back-and-forth over whether they have a car develop for Apple, a notoriously secret company.Although the two automakers have said there are no talks going on, the discussions could potentially resume if Apple considers them the best possible partnersNissan Although it’s a long way, Nissan Motor Co brings several elements to the table that could benefit Apple, Nissan has already developed a shared EV platform that was developed with French partner Renault SA, which will be used for the debut of its Ariya compact SUV later this year When asked if the Japanese company would be willing to build cars for Apple, CEO Makoto Uchida said during an earnings press conference that Nissan “has the DNA to do things that others don’t.” The automaker was involved in a break-in and Reported its biggest loss in two decades in fiscal 2019 and could generate much-needed revenue if it helps Apple develop or manufacture its vehicle It could also benefit from access to Apple technology After Nissan pursued a strategy of volume at all costs, that led to profit, he had to attract higher paying customers in large part with the technology in his cars llantis One factor in determining the suitability of a partner for Apple may be the availability of manufacturing capacity, which could point to European automakers like Stellantis NV, which have been hit by the decline in sales in the region and have ample space in some plants, Stellantis is under pressure to synergies after it was formed through the merger of PSA Group and Fiat Chrysler last month, Chief Executive Officer Carlos Tavares said during a Jan 19 press conference that Stellantis is open to working with Apple or a technology company on electric vehicles “as long as there is no technological dependence” that would jeopardize the future of the automaker. Chairman John Elkann said in 2016 that the auto industry is experiencing “new entrants” like Google and Apple should work together instead of trying to compete with themFor more articles like this, please visit us on BloombergcomSubscribe now to stay ahead of the game with the most trusted business news source © 2021 Bloomberg LP

While paying attention to the argument that the stock market is in a bubble, it is important to note that not everyone shares this view.Few fund managers have been more successful than Cathie Wood, managing director of ARK Invest and fund manager of the ARK Innovation ETF (ARKK) and the ARK Genomic Revolution ETF (ARKG), which, according to FactSet, have seen more inflows than any other actively managed exchange-traded fund in the past 12 months, in a monthly webinar, Wood argued against stocks in a bubble

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(Bloomberg) – Kimbal Musk, the younger brother of Elon Musk and a Tesla Inc Board member, sells $ 25 6 million shares in the electric car maker, according to a filing with the US. Securities & Exchange Commission, 48-year-old sold on February 30000 shares 9 at an average price of $ 852 12, according to the filing Tesla shares fell 53% Wednesday to close at $ 80482 Tesla rose 743% in 2020 and another 14% this year Read more: Tesla Insider Share sales are well on their way to surpass a 2013 high, the deal reduced Kimbal Musk’s stake to 599740 Tesla shares, equivalent to $ 483 million, Tesla insiders hold a 196% stake in the company, according to Bloomberg board member Antonio Gracias, which has since sold 150747 Tesla shares and held a direct stake of 2545 However, he replaced these with new long positions through long-term call options, also known as Long-Term Equity Anticipation Securities (LEAPs) Gracias bought approximately 150000 call options that expired in June 2022 and 2025 with strike prices of $ 5238 and $ 68.56 He also indirectly owns 13 million Tesla shares through the AJG Growth FundRead More: LEAPs: Here’s a Chance to Jump Over RiskKimbal Musk is Chief Executive Officer and Co-Founder of Kitchen Restaurant Group Gracias is the Founder and Head of Valor Equity Partners (updates with transactions from Board Member Antonio Gracias) For more articles like this, please visit us on BloombergcomSubscribe now to stay ahead of the curve with the most trusted business news source to have © 2021 Bloomberg LP

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Sampo

Weltnachrichten – FI – Proposal of the Sampo Nomination and Compensation Committee for the compensation of the members of the Board of Directors

Source: https://finance.yahoo.com/news/proposal-sampo-nomination-remuneration-committee-100000113.html