Etteplan Oyj — Board/Management Information 2020

Apr 2, 2020

Correction: Resolutions of the organization meeting of Etteplan Oyj’s Board of Directors

Correction: Resolutions of the organization meeting of Etteplan Oyj’s Board of Directors

ETTEPLAN OYJ, Stock Exchange Release, April 2, 2020 at 4.00 p.m.

Correction: Resolutions of the organization meeting of Etteplan Oyj’s Board of
Directors

Correction to Etteplan Oyj’s stock exchange release published on April 2, 2020
at 1.15 p.m. regarding the resolutions of the organization meeting of Etteplan
Oyj’s Board of Directors.

In the stock exchange release published earlier the distribution of tasks of the
Nomination and Remuneration Committee of Etteplan Oyj’s Board of Directors was
inaccurate.

The Annual General Meeting of Etteplan Oyj, held on April 2, 2020, re-elected
Matti Huttunen, Robert Ingman, Leena Saarinen, and Mikko Tepponen as members of
the Board of Directors. The Annual General Meeting further elected Päivi
Lindqvist as a new member of the Board of Directors.

The Board of Directors of Etteplan Oyj has in its organization meeting
subsequent to the AGM elected Robert Ingman as Chairman of the Board of
Directors.

Matti Huttunen was elected the Chairman and Robert Ingman and Leena Saarinen as
members of the Nomination and Remuneration Committee of Etteplan Oyj.

Leena Saarinen was elected the Chairman and Päivi Lindqvist and Mikko Tepponen
as members of the Audit Committee of Etteplan Oyj.

The Board of Directors of Etteplan Oyj confirmed the central duties and
operating principles of the Audit Committee in a written charter which will be
published on Company´s website www.etteplan.com.

The Board of has in its organization meeting evaluated the independence of the
Directors according to the Finnish Corporate Governance Code. The Board has
stated that all members of the Board are independent of the Company. Matti
Huttunen, Päivi Lindqvist, Leena Saarinen, and Mikko Tepponen are independent of
significant shareholders.

Vantaa, April 2, 2020

Etteplan Oyj

Board of Directors

Additional information:
Juha Näkki, President and CEO, tel. +358 10 307 2777
Outi Torniainen, SVP, Marketing and Communications, tel. +358 10 307 3302

DISTRIBUTION:
Nasdaq Helsinki
Major media
www.etteplan.com

Etteplan in brief
Etteplan provides solutions for industrial
equipment (https://www.etteplan.com/services/engineering) and plant
engineering (https://www.etteplan.com/services/engineering/plant-engineering),
software (https://www.etteplan.com/services/software-and-digitalization) and
embedded solutions (https://www.etteplan.com/services/embedded-systems), and
technical documentation solutions (https://www.etteplan.com/services/product-and
-asset-information) to the world’s leading companies in the manufacturing
industry. Our services are geared to improve the competitiveness of our
customers’ products, services and engineering processes throughout the product
life cycle. The results of Etteplan’s innovative engineering can be seen in
numerous industrial solutions and everyday products.
In 2019, Etteplan had a turnover of approximately EUR 263 million. The company
currently has over 3,400 professionals in Finland, Sweden, the Netherlands,
Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd
under the ETTE ticker. www.etteplan.com