Componenta Oyj — Board/Management Information 2021

Nov 22, 2021

Composition of Componenta’s Shareholders’ Nomination Board

Composition of Componenta’s Shareholders’ Nomination Board

Componenta Corporation, Stock Exchange Release, on 22 November 2021 at 3.00 p.m.
EET

Componenta’s Shareholders’ Nomination Board has been established by a resolution
of the General Meeting to prepare proposals for the Annual General Meeting
concerning the election and remuneration of members of the Board of Directors.
The Shareholders’ Nomination Board consists of three members nominated by the
shareholders and the Nomination Board will elect a chairman from amongst its
members. In addition, the Chairman of Componenta’s Board of Directors acts as an
expert member of the Nomination Board.

The right to nominate shareholder representatives is vested with the largest
shareholders recorded in Componenta’s shareholders’ register on 31 August. In
accordance with its Charter, the company publishes the composition of the
Nomination Board in a stock exchange release when the members of the Nomination
Board have been appointed and the Chairman has been elected.

The following members have been nominated to Componenta’s Shareholders’
Nomination Board:

· Kyösti Kakkonen; CEO; representing shareholder Joensuun Kauppa ja Kone Oy
· Harri Suutari; Chairman of the Board of Componenta Corporation; representing
shareholder Etra Capital Oy and acting as an expert member of the Nomination
Board
· Timo Sallinen; Senior Vice President, Investments; representing shareholder
Varma Mutual Pension Insurance Company

At its first meeting on November 22, 2021, the Nomination Board elected Harri
Suutari as Chairman of the Nomination Board.

The Nomination Board will deliver its proposals to the Board of Directors no
later than 31 January 2022.

COMPONENTA CORPORATION
Sami Sivuranta
President and CEO

For further information, please contact:
Harri Suutari, Chairman of the Board, tel. +358 40 038 4937

Componenta Corporation is an international technology company and Finland's
leading contract manufacturer in the machine building industry. Sustainability
and customer needs are at the core of the company’s broad technology portfolio.
Componenta Corporation manufactures components for its customers, which are
global manufacturers of machinery and equipment. The company’s stock is listed
on Nasdaq Helsinki. www.componenta.com