Panostaja Oyj

Board/Management Information • Nov 24, 2017

Disclosure 356577

Panostaja Oyj - Changes board/management/auditors

NEW APPOINTMENT AT PANOSTAJA OYJ: S. MARTTI NIEMI BECOMES THE CEO OF SUOMEN HELAKESKUS

Panostaja Oyj Stock Exchange Bulletin, changes in management November 24, 2017 11:00

S. Martti Niemi (M. Sc. (Econ.), born 1961) has been invited to become the Chief Executive Officer of Panostaja investment Suomen Helakeskus Oy. Niemi will assume his duties as CEO no later than December 15, 2017. Suomen Helakeskus Oy’s current CEO Hannu Rantanen will continue in his position until the arrival of his new counterpart, after which he will leave the employment of Panostaja Group.

Niemi has wide-ranging experience in the management and development of wholesale businesses. Previously, he has worked as a management consultant and, among other posts, as the CEO of Lämpö‑Tukku Oy and B&B Tools Finland Oy.

Panostaja Oyj

Juha Sarsama

CEO

Further information:

CEO

Juha Sarsama

Panostaja Oyj

+358 (0)40 774 2099

Panostaja is an investment company developing Finnish SMEs in the role of an active majority shareholder. The company aims to be the most sought-after partner for business owners selling their companies as well as for the best managers and investors. Together with its partners, Panostaja increases the Group's shareholder value and creates Finnish success stories. Panostaja has a majority holding in eight investment targets. Panostaja’s shares (PNA1V) are quoted on the Nasdaq Helsinki Stock Exchange.

www.panostaja.fi