Hiab Oyj — Board/Management Information 2016

Feb 3, 2016

Disclosure 330029

Cargotec - Changes board/management/auditors

Cargotec's CFO Eeva Sipilä to leave the company

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 3 FEBRUARY 2016 AT 2.30 PM EET Cargotec's CFO Eeva Sipilä to leave the company Eeva Sipilä, Cargotec's Chief Financial Officer (CFO) will leave Cargotec to take up the position of CFO at Metso Corporation. Eeva Sipilä will continue in her current position and as a member of Cargotec's Executive Board latest until the end of July, 2016. The process for finding her successor has been started. "I want to thank Eeva for many great achievements in building our finance organisation and capabilities during her eight years in the position. I wish her best of success with her new challenges", says Mika Vehviläinen, CEO of Cargotec. More information for media: Leena Lie, SVP, Communications, tel. +358 20 777 4483, leena.lie@cargotec.com More information for investors: Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084, paula.liimatta@cargotec.com Cargotec shapes the cargo handling industry for the benefit of its customers and shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are recognised leaders in cargo and load handling solutions around the world. Their global network is positioned close to customers and offers extensive services that ensure a continuous, reliable and sustainable performance according to customers' needs. Cargotec's sales totalled approximately EUR 3.4 billion in 2014 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on Nasdaq Helsinki Ltd under symbol CGCBV. www.cargotec.com [HUG#1983386]