Valio’s Board of Directors enjoys the confidence of the Supervisory Board

The Supervisory Board of Valio Ltd convened in an extraordinary meeting on Wednesday 9th July 2014.

The topics discussed included e.g. the action taken by Valio from 2010–2012 to respond to competition. Valio’s Board of Directors has the unanimous confidence of the Supervisory Board regarding the manner in which the competition issue was dealt with.

Valio will lodge an appeal with the Supreme Administrative Court against the decision issued by the Market Court on 26th June 2014 on the pricing of basic milks, and seek the prohibition of measures for paying the sanction until the legal process has been finally resolved.

Pentti Santala

Chairman of the Supervisory Board

Valio Ltd