Martela Oyj

Board/Management Information • Aug 31, 2018

Disclosure 364226

Martela Oyj - Changes board/management/auditors

Changes in Martela's Management team

MARTELA OYJ Stock release August 31 2018 03.00 pm

VP, CSM Petri Boman is leaving the company and moving to the next stage in his career, Martela has appointed M.Sc. (Eng.) Ville Taipale (born 1971) as the VP Customer Supply Management and member of the Management Team as of 17.09.2018. Ville Taipale has several years of experience in supply chain, production and logistics in leadership positions, among others in Patria Land Systems, Componenta Corporation, Iittala Corporation and Nokia Corporation.

In addition to these changes, M.Sc (Econ.) Kalle Lehtonen (born 1974) from Talent Pro Oy, who started as an interim CFO in April, will transfer to Martela Oyj and continue as Group CFO and member of the Management Team. In the same context, the Group's IT organization will in future report to the Group CFO.

"I want to thank Petri for his contribution to Martela's transformation over the past five years, and welcome Ville to the Group's management team." CEO Matti Rantaniemi says.

MARTELA GROUP

Matti Rantaniemi

CEO

Further information

Martela Oyj

Matti Rantaniemi, CEO, tel +358 50 465 8194

Distribution

NASDAQ OMX Helsinki

Main news media

www.martela.com