Board of Directors

Members of the Board

In accordance with the Vaisala Oyj's Articles of Association, the Vaisala’s Board of Directors comprises at least three (3) and at most six (6) members. According to current practice, the Board comprises six members. All Board members are appointed by a Shareholders’ Meeting. The Board chooses a Chairman and a Vice Chairman from its members.

Term of office of members of the Board

In deviation from recommendation no. 12 of the Corporate Governance Recommendation for Listed Companies, the term of office of members of the Board is not one year. According to the Articles of Association, the term of office is 3 years. The term of office begins after the meeting in which the member is elected, and ends after three (3) subsequent Annual General Meetings.

Holdings of the company's permanent insiders

Meetings of the Board

The Board of Directors had 9 meetings in 2007. An average of 94 per cent of the Board members were present at the meetings.

Chairman Raimo Voipio, b. 1955, M.Sc. (Eng. ) Domicile: Helsinki, Finland Principal occupation: Board member in various technology companies Employment history: Nokia Corporation: various product marketing positions 10 years, Private telephone companies: various product marketing positions 5 years. Other simultaneous positions of trust: Space Systems Finland Oy: board member, IST International Security Technology Oy: board member Board member as of: 1989 Board chairman as of: 1994 Board chairman term ends: 2008 Fees in 2007: 20.000 EUR

Vice Chairman Yrjö Neuvo, b. 1943, Ph.D. Cornell University Domicile : Helsinki, Finland Principal occupation:Various research technology and business related expert positions Employment history: Nokia Corporation, Technology Advisor 2006 Nokia Group Executive Board 1993 – 2005, responsible for product development of mobile phones Academy of Finland, National Research Professor, 1984 – 1992 Tampere University of Technology, Professor of Signal Processing, 1976 – 1992 University of California, Santa Barbara, Visiting Professor, 1981 - 1982
Other simultaneous positions of trust: Metso Corporation, Member of the Board Tampere University of Technology, Member of Advisory Board Metropolia Polytechnic, Vice Chairman of the Board The Foundation of Technology, Chairman of the Board Artemis European Technology Platform, Chairman of the Board VTT Technical Research Centre of Finland,Chairman of Scientific Advisory Board Cornell University Council, Member Finnish Centre of Expertise Program, Chairman of the Board Millennium Prize Foundation, Member of the Board Finnish Science Centre Foundation (Heureka), Member Board member as of: 1989 Board member term ends: 2010 Fees in 2007: 20.000 EUR

Member Stig Gustavson, b. 1945, M. Sc. (Eng), Dr. Tech. (h.c.) Domicile: Helsinki, Finland Principal occupation: Chairman, Konecranes Plc Employment history: KONE Oyj, Sponsor Oy, RAY, Wärtsilä Oyj, Konecranes President and CEO 1994 - 2005 Other simultaneous positions of trust: Chairman: Dynea Oy, Svenska Handelsbanken (Finland), Tammet Oy, Arcada foundation, Cramo Oyj Board member: Fastems Oy, Oy Mercantila Ab Supervisory Board Chairman: Tampere Technical University Supervisory Board Member: Varma Mutual Pension Insurance Company Board member as of: 2006 Board member term ends: 2009 Fees in 2007: 20.000 EUR

Member Mikko Niinivaara, b. 1950, M.Sc. (Eng.) Domicile: Kauniainen, Finland Principal occupation: President, Country manager, ABB Oy Employment history: ABB Industry Oy: President 1999 -2001, ABB Ltd, Zurich: Division Director 1993-1998, various managerial positions at ABB Group 1984-1993, B.S.W., Saudi-Arabia: President 1981-1984
Other simultaneous positions of trust: ABB Oy: Board Member, Technology Industries of Finland: Member of Executive Board and Chairman of the Competitiveness Working group, Confederation of Finnish Industries: Board Member, Helsinki University of Technology: Board Member of Advisory Board, Energiaforum ry: Board Member Board member as of: 2002 Board member term ends: 2008 Fees in 2007: 20.000 EUR

Member Maija Torkko, b. 1946, B.Sc (Econ.), LL.M. Domicile: Helsinki, Finland Principal occupation: - Employment history: Nokia Corporation, Senior Vice President, Corporate Controller - 2006 Other simultaneous positions of trust: - Board member as of: 2007 Board member term ends: 2010 Fees in 2007: 20.000 EUR

Member Mikko Voipio, b. 1960, M.Sc. (Eng.) Domicile: Helsinki, Finland Principal occupation: Scientist Employment history: R&D in SW and Telecom business Other simultaneous positions of trust: Fontus Oy: Board Member, Novametor Oy: Board Member Board member as of: 1994 Board member term ends: 2009 Fees in 2007: 20.000 EUR

Secretary, Matti Kari, L.LM, Attorney at Law