Apetit Oyj — Board/Management Information 2021

Aug 17, 2021

Organisational meeting of the Supervisory Board and election of the Board of Directors

Organisational meeting of the Supervisory Board and election of the Board of Directors

Apetit Plc, Stock Exchange Release, 17 August 2021 at 3.00 p.m.

At its meeting on 17 August 2021, Apetit Plc’s Supervisory Board elected Harri
Eela as its Chairman and Maisa Mikola as the Deputy Chairman.

The Supervisory Board decided to elect 5 members to Apetit Plc's Board of
Directors. Lasse Aho, Annikka Hurme, Kati Sulin, Antti Korpiniemi and Niko
Simula were elected as the members of the Board of Directors. Lasse Aho was
appointed as the Chairman and Niko Simula as the Deputy Chairman of the Board of
Directors.

It was decided that the Board members will be paid an annual remuneration of EUR
19,560 and that the Chairman and Deputy Chairman will receive an annual
remuneration of EUR 39,060 and EUR 24,120, respectively. A total of 60 per cent
of the annual remuneration will be in cash and the remaining 40 per cent in the
form of Apetit Plc's shares held by the company at the current value of the
share at the time of transfer. The remuneration will be paid in four
installments. It was also decided that the Chairman and members of the Board of
Directors will be paid a meeting allowance of EUR 510 and EUR 300, respectively.

Apetit Plc

For further information, please contact:

Teemu Luovila, CFO, tel, +358 10 402 2114

Apetit is a food industry company firmly rooted in Finnish primary production.
Our operations are based on a unique and sustainable value chain: we create well
-being with vegetables by offering tasty food solutions that make daily life
easier. We also produce high-quality vegetable oils and rapeseed expellers for
feeding stuff, and trade grain on the international markets. Apetit Plc's shares
are listed on Nasdaq Helsinki. In 2020, Apetit Group's net sales were EUR 293
million.