Orthex Oyj

Board/Management Information • Jan 9, 2024

Orthex Corporation: Change in Management Team

Orthex Corporation, Stock exchange release, 9 January 2024 at 11.00 a.m. EET

Peter Ottosson, member of Orthex's Management Team and Operations Director of the Gnosjö factory, has decided to leave his position to assume a role with another employer. Mr Ottosson will continue in his current role until the month of May.

"As a member of the management team at Orthex, Peter has had a significant role in developing Orthex into the company it is today. I want to personally thank Peter for the good cooperation, the 17-year long dedication and I take the opportunity to wish him all the best for his future career", says Orthex CEO Alexander Rosenlew.

Orthex has started the succession planning process.

Further enquiries: Alexander Rosenlew, CEO, Orthex Corporation Tel. +358 (0)40 500 3826 alexander.rosenlew@orthexgroup.com

Saara Mäkelä, CFO, Orthex Corporation Tel. +358 (0)40 083 8782 saara.makela@orthexgroup.com

Distribution: Nasdaq Helsinki Ltd Main media https:/investors.orthexgroup.com/

Orthex in brief

Orthex (ORTHEX, Nasdaq Helsinki, Finland) is a leading Nordic houseware company. Orthex offers a broad assortment of practical and durable household products with a mission to make consumers' everyday life easier. Orthex main consumer brands are SmartStore™ in storage products, GastroMax™ in kitchenware and Orthex™ in home and plant care categories. Orthex aims to be the industry forerunner in sustainability and to become carbon neutral in its production by 2030. Read more www.orthexgroup.com.

Orthex's net sales in 2022 were 84.0 million euros. The company has customers in more than 40 countries and local sales offices in the Nordics, Germany, France, and the UK.

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