Martela Oyj

Board/Management Information • Mar 13, 2014

MARTELA CORPORATION STOCK EXCHANGE RELEASE 13.3.2013 at 7.00 p.m.

MARTELA CORORATION'S BOARD OF DIRECTORS' ORGANIZATIONAL MEETING

The Board of Directors elected by Martela Corporation's Annual General meeting on March 13, 2014 had its first meeting after the Annual General meeting and elected from among its members Heikki Ala-Ilkka as the Chairman and Pekka Martela as the Vice Chairman of the Board.

Heikki Ala-Ilkka was also elected as the chairman of the Board's compensation committee and Kirsi Komi and Pinja Metsäranta were elected as the members of the compensation committee.

The Board has evaluated the independence of its members and determined that Heikki Ala-Ilkka, Kirsi Komi, Eero Leskinen, Pinja Metsäranta and Yrjö Närhinen are independent of the company and Heikki Ala-Ilkka, Kirsi Komi, Eero Leskinen and Yrjö Närhinen are independent of the company's largest shareholders.

In Helsinki, March 13, 2014

Martela Oyj Board of Directors

Heikki Martela Managing Director

For more information, please contact Heikki Martela, Managing Director, tel. +358 50 502 4711

Distribution NASDAQ OMX Helsinki Main news media www.martela.com