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Bittium Oyj

Board/Management Information Apr 15, 2025

3258_rns_2025-04-15_c14ea6f2-2501-4f5d-a9e8-7cf8c7ee1179.pdf

Board/Management Information

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Change in Bittium Corporation's Management Group: Teemu Hannula Appointed as Vice President, Operations

Bittium Corporation Changes Board / Management / Auditors

Change in Bittium Corporation's Management Group: Teemu Hannula Appointed as Vice President, Operations

Bittium Corporation, Stock Exchange Release, April 15, 2025, at 8.30 am (CEST+1)

Teemu Hannula (MSc.) has been appointed as Vice President, Operations and a member of Bittium Corporation's management group. Hannula will start on June 1, 2025, at the latest. He will report to Petri Toljamo, CEO of Bittium Corporation.

Teemu Hannula has over 25 years of experience in supply chain management and extensive international experience in the electronic products markets in Europe, Asia and the United States. Hannula joins Bittium from Haltian, where he was most recently responsible for the company's operations. Prior to this, he has worked at Microsoft and Nokia being responsible for production ramp-up for new products and scaling the production.

"We are aiming for significant international growth and one of the key pillars of our growth strategy is to strengthen the scalability. I am pleased to welcome Teemu to Bittium to take the responsibility of the operational functions. Teemu has strong experience in production and operations management and extensive international expertise in ramping up and scaling the production of electronic products to meet the growth needs. Ensuring cost-effective production and delivery capabilities is essential to building growth for us," says Petri Toljamo, CEO of Bittium Corporation.

Oulu, Finland April 15, 2025

Bittium Corporation Petri Toljamo CEO

Further Information:

Karoliina Malmi Vice President, Communications & Sustainability Tel. +358 40 344 2789

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Bittium

Bittium specializes in the development of reliable, secure communications and connectivity solutions leveraging its 40-year legacy of expertise in advanced radio communication technologies. Bittium provides innovative products and services, customized solutions based on its product platforms and R&D services. Complementing its communications and connectivity solutions, Bittium offers proven information security solutions for mobile devices and portable computers. Bittium also provides healthcare technology products and services for biosignal measuring in the areas of cardiology and neurophysiology. Net sales in 2024 were EUR 85.2 million and operating profit EUR 8.6 million. Bittium is listed on Nasdaq Helsinki. www.bittium.com

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