Aspo Oyj — Board/Management Information 2019

Oct 25, 2019

Disclosure 375876

Aspo - Changes board/management/auditors

Mikko Pasanen appointed Managing Director of Telko Ltd, part of Aspo Group

ASPO Plc

Stock exchange release

October 25, 2019 at 09:00

Mikko Pasanen appointed Managing Director of Telko Ltd, part of Aspo Group

Mikko Pasanen (b. 1973), M.Sc. in Economics, has been appointed Managing Director of Telko Ltd and a member of the Group Executive Committee of Aspo Group, effective October 28, 2019.

Pasanen joins Telko having last been the CEO of Onninen and Senior Vice President, B2B, in Kesko’s Building and Technical Trade Division. During his long Kesko career, Pasanen has held numerous leadership positions including the Country Director for Russia. He has international experience also from Outokumpu group.

”Telko has developed into a leading distributor of chemicals and plastics in Northern Europe and in the Eastern markets. Increasing the share of new services, value-added products and recycled raw materials is essential for the execution of Telko’s strategy and improving the company’s profitability. Mikko’s long career in B-to-B and his strong experience of the Eastern markets make him a great fit for Telko’s next development stage. We warmly welcome Mikko to Aspo Group”, said Aki Ojanen, CEO of Aspo Plc and Chairman of the Board of Telko Ltd.

ASPO Plc

Aki Ojanen

CEO

For further information, please contact:

Aki Ojanen, CEO, Aspo Plc, Chairman of the Board of Telko Ltd

tel. +358 400 106 592, aki.ojanen@aspo.com

Distribution:

Nasdaq Helsinki

Key media

www.aspo.com

Aspo is a conglomerate that owns and develops business operations in Northern Europe and growth markets, focusing on demanding B2B customers. The aim of our strong corporate brands – ESL Shipping, Leipurin, Telko and Kauko – is to be the market leaders in their sectors. They are responsible for their own operations, customer relationships, and their development. Together they generate Aspo’s goodwill.