Robit Oyj

Board/Management Information • Dec 4, 2018

Disclosure 366653

Robit Oyj - Changes board/management/auditors

ROBIT PLC: INITIAL BOARD MEETING OF ROBIT PLC'S BOARD OF DIRECTORS

ROBIT PLC STOCK EXCHANGE RELEASE 4 December 2018 at 13.20 p.m. INITIAL BOARD MEETING OF ROBIT PLC'S BOARD OF DIRECTORS The Board of Directors appointed at Robit Plc's Extraordinary General Meeting held on 4 December 2018 has elected board members to serve on Robit Plc's remuneration committee, nomination committee a nd working committee at its initial board meeting. The Board of Directors holds that all members of the Board of Directors, with the exception of Harri Sjöholm, are independent of the company and its key shareholders. Harri Sjöholm (Chair), Mammu Kaario and Kai Seikku were elected as members of the remuneration committee. Harri Sjöholm (Chair), Kai Seikku and Kalle Reponen were elected as members of the nomination committee. Harri Sjöholm (Chair), Kalle Reponen and Mikko Kuitunen were elected as members of the working committee. Mammu Kaario (Chair), Kalle Reponen and Kai Seikku will continue to serve as members of the audit committee. ROBIT PLC Board of Directors Additional Information: Robit Plc Harri Sjöholm, Chair of the Board of Directors Tel. +358 400 622 092 Robit is a strongly internationalized growth company selling and servicing global customers in drilling consumables for applications in mining, construction and contracting, tunneling and well drilling. The company's offering is divided into three product and service range: Top Hammer and Down-the-Hole products as well as Digital Services. Robit has 17 own sales and service points as well as active sales networks in 115 countries. The manufacturing units are located in Finland, South Korea, Australia, UK and USA. Robit's shares are listed on NASDAQ Helsinki Ltd. Further information is available at www.robitgroup.com. Distribution: Nasdaq Helsinki Ltd Key media www.robitgroup.com []