Eltel

Board/Management Information • Jun 9, 2023

Press release 9 June 2023 at 17:45 CEST

Change in Eltel Management Team – CFO Saila Miettinen-Lähde to leave Eltel

Saila Miettinen-Lähde, Chief Financial Officer (CFO) of Eltel, will step down from her role effective 31 July 2023. A search process for her successor has been initiated.

"Saila has been a valued member of our Group Management Team, and I want to express my gratitude for her dedication and efforts during the transformation period that Eltel has been going through. As we are now entering a new phase in our strategy, focusing on growth and business expansion, this is also a logical stage for a change in finance leadership", said Håkan Dahlström, President and CEO of Eltel.

For further information:

Elin Otter, Director, Communications and Investor Relations Phone: +46 72 595 4692, elin.otter@eltelnetworks.com

About Eltel

Eltel is a leading service provider for critical infrastructure that enables renewable energy and highperforming communication networks. Eltel designs, plans, builds and secures the operation of networks for a more sustainable and connected world today and for future generations. In total, we have about 5,000 employees and in 2022 the annual sales was EUR 823.6 million. The head office is located in Sweden and Eltel's shares have been listed on Nasdaq Stockholm since 2015. Read more at www.eltelnetworks.com.