Etteplan Oyj — Board/Management Information 2021

Mar 29, 2021

Etteplan's CFO will assume the responsibility for acquisition processes and business development

Etteplan's CFO will assume the responsibility for acquisition processes and business development

ETTEPLAN OYJ Stock Exchange Release, March 29, 2021 at 11:00 a.m.

Etteplan's CFO will assume the responsibility for acquisition processes and
business development

Etteplan strengthens its organization and its Management Group and appoints a
Senior Vice President, Mergers & Acquisitions and Business Development to be
responsible for acquisition processes and business development. Per-Anders
Gådin, the company's current CFO (Chief Financial Officer) and member of the
Management Group will be appointed to the position. In his new position, Gådin
will continue as a member of Etteplan Management Group. At the same time,
Etteplan has started the process for recruiting a new CFO.

The changes will take effect once the new CFO has been nominated and has started
in the position.
“Etteplan's target is to achieve a revenue of more than EUR 500 million in 2024.
Due to the COVID-19 pandemic Etteplan did not grow in 2020. In order to achieve
the growth target, we are now striving to further accelerate both organic and
inorganic growth, and in order to achieve this, it is also necessary to
strengthen our organization”, says Juha Näkki, President and CEO of Etteplan.

Additional information:
Juha Näkki, President and CEO, tel. +358 10 307 2077
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
software (https://www.etteplan.com/services/software-and-digitalization) and
embedded solutions (https://www.etteplan.com/services/embedded-systems),
solutions for industrial
equipment (https://www.etteplan.com/services/engineering) and plant
engineering (https://www.etteplan.com/services/engineering/plant
-engineering) 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 2020, Etteplan had a turnover of approximately EUR 260 million. The company
currently has some 3,300 professionals in Finland, Sweden, the Netherlands,
Germany, Poland, Denmark and China. Etteplan's shares are listed on Nasdaq
Helsinki Ltd under the ETTE ticker. www.etteplan.com