Martela Oyj

Business and Financial Review • Oct 10, 2018

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Martela Oyj - Other information disclosed according to the rules of the Exchange

Martela starts co-operation negotiations in its subsidiary in Sweden

MARTELA CORPORATION STOCK EXCHANGE RELEASE 10 OCT 2018 AT 12.00 A.M.

Martela Group has decided to further centralize its logistic, finance and sales support functions to Finland. Objective of this change is to streamline the company’s internal processes to better support customer needs. As a part of this change Martela has started co-operation negotiations in Martela Ab in Sweden.

In addition to streamlining internal processes, the aim of this change is to achieve 0.5 million euro savings in operating expenses, starting from 2019. Company expects this change to have some extraordinary costs in the last quarter of 2018.

Martela Corporation

Matti Rantaniemi

CEO

Further information

CEO Matti Rantaniemi, tel + 358 50 465 8194

Our strategic direction is defined by our mission “Better working” and our vision “People-centric workplaces”. Martela provides people centric workplaces where the users and their wellbeing are in the core. We will focus on the Nordic countries, as the Nordic countries are forerunner in hybrid working environments with common open work culture background and needs.

Distribution

NASDAQ Helsinki

Main news media

www.martela.com