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Bittium Oyj Board/Management Information 2021

May 17, 2021

3258_rns_2021-05-17_5a1390fb-502d-41e4-85a3-bf8f0430b5e2.html

Board/Management Information

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Change in Bittium Corporation’s Management Group

Change in Bittium Corporation’s Management Group

Stock Exchange Release

Free for publication on May 17, 2021 at 9.00 a.m. (CEST+1)

Change in Bittium Corporation’s Management Group

Mr. Sammy Loitto, Senior Vice President, Sales and a member of Bittium
Corporation’s Management Group, has announced, that he will transfer to another
company. Mr. Loitto has acted as Senior Vice President, Sales at Bittium for
three years, and successfully developed Bittium’s sales and sales management
processes, environment, and systems during his career.

In the future, Bittium will divide its sales management and development in the
Company’s three product and service areas, which are Defense & Security, Medical
Technologies and Connectivity Solutions. Dividing sales into product and service
areas in this context enables even stronger sales management and development.
After the change, Bittium will have product and service area specific sales
management, which will report to the heads of the product and service areas in
their positions. As a result, sales development can be better targeted to the
needs of each product and service areas. The changes will take effect on June 1,
2021.

”I want to take this opportunity and thank Sammy for the past years at Bittium.
Under his leadership, the company has taken sales development in an increasingly
international direction, expanding its international sales network in line with
its strategy. As the company's product and service areas grow and develop in
line with the strategy, an increasingly business-specific focus is needed on
sales and the development of the distribution network. For this reason, the
company has decided to move to a business-specific organization in sales
management”, says Bittium’s CEO Hannu Huttunen.

As of June 1, 2021 Bittium Corporation’s management group consists of the
following persons: Mr. Hannu Huttunen, CEO (Chairman); Mr. Pekka Kunnari, CFO;
Mr. Kari Jokela, CLO; Mrs. Karoliina Malmi, Vice President Communications and
Marketing; Mr. Arto Pietilä, Senior Vice President Medical Technologies; Mr.
Jari Sankala, Senior Vice President Defense & Security; Mr. Tommi Kangas, Senior
Vice President Connectivity Solutions; and Mr. Jari-Pekka Innanen, Vice
President, Engineering.

Oulu, May 17, 2021
Hannu Huttunen
CEO

Further information:

Karoliina Malmi
Vice President, Communications and Marketing
Tel. +358 40 344 2789

Distribution

Nasdaq Helsinki Oy
Main media

Bittium

Bittium specializes in the development of reliable, secure communications and
connectivity solutions leveraging its over 35-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, neurology, rehabilitation,
occupational health and sports medicine. Net sales in 2020 were EUR 78.4 million
and operating profit was EUR 2.1 million. Bittium is listed on Nasdaq Helsinki.
www.bittium.com

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