Summary of Länsimetro’s meeting of the Board of Directors on 27 August 2020

Länsimetro Oy’s Maintenance Manager presented to the Board of Directors West Metro’s phase 1 Q2 report and HKL’s performance reporting. HKL reports to Länsimetro Oy on the use of the rail line and stations and related service and maintenance tasks. A report on the use and property risks linked to Länsimetro Oy’s metro property management was presented to the Board.

The Project Manager submitted a status report on the construction and cost monitoring of the Matinkylä-Kivenlahti section to the Board through a view of the war room. A risk report on the construction of the Matinkylä-Kivenlahti section and the Q1–Q2 interim report for construction were presented to the Board of Directors. Construction is progressing in line with the project plan’s risk-assessed schedule and budget.

Länsimetro Oy’s Technical Director presented the situation for the planning of the commissioning of the Matinkylä-Kivenlahti section. The commissioning planning is proceeding on schedule.

Länsimetro Oy’s CEO outlined for the Board the construction project’s measures for combatting the grey economy. Already at the procurement phase, open tendering prevents the forming of grey economy. At the construction phase, Länsimetro requires contractors to take care of their employees’ statutory insurance and to also comply with other laws, regulations and collective labour agreements that apply to employees. Länsimetro monitors contractors’ documents in accordance with the Act on the Contractor’s Obligations through a service offered by an external partner. Additionally, the West Metro project monitors employees’ induction, access permits and ID cards through weekly contractor evaluations, third-party evaluations and with spot checks if necessary. Other measures by the main contractor include the induction of all of the employees arriving at the worksite. Their tax numbers are also checked from the tax authority’s portal. Länsimetro co-operates with the Tax Administration and Regional State Administrative Agency through regular meetings.

Länsimetro Oy’s CFO presented the cost monitoring for the Matinkylä-Kivenlahti section and a market outlook for the construction industry. Construction is progressing in line with the project plan’s budget.

The next meeting of the Board of Directors will be held on 23 September 2020.

Further information:

Olli Isotalo, Chairman of the Board of Länsimetro Oy, tel. +358 (0)50 593 3359

Ville Saksi, CEO, Länsimetro Oy, tel. +358 (0)40 823 2086

Media contacts: Satu Linkola, Communications Director, tel. +358 (0)46 877 3392