Exel Composites Oyj

Board/Management Information • Oct 17, 2016

Disclosure 346009

Exel Composites Oyj - Company Announcement

Composition of Exel Composites Plc’s Nomination Board

EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 17 October 2016 at 11:00 EET Composition of Exel Composites Plc’s Nomination Board According to the resolution of Exel Composites' Annual General Meeting held on 17 March 2016, the company shareholders’ Nomination Board consists of the representatives of the four largest shareholders and of the Chairman of the Board of Directors, acting as an expert member. The largest shareholders entitled to appoint members to the Nomination Board were determined on the basis of the registered holdings in the company’s shareholder register held by Euroclear Finland Oy on 3 October 2016. The following members have been appointed as members of Exel Composites’ Nomination Board: -- Claes Murander, Lannebo Fonder AB -- Ted Roberts, Nordea Asset Management -- Kalle Saariaho, OP Fund Management Company -- Tuomas Virtala, Danske Invest Finland and Mr Reima Kerttula, Chairman of the Board of Directors, Exel Composites Plc, as an expert member. The Nomination Board prepares the proposals concerning Board of Directors’ members and their remunerations for the following Annual General Meeting. The Nomination Board gives its proposal to the Board of Directors of the company at the latest by 31 January 2017. Vantaa, 17 October 2016 Exel Composites Plc Reima Kerttula, Chairman, Board of Directors For further information, please contact: Reima Kerttula, Chairman, Board of Directors Contact through Merja Mäkinen, tel. +358 207 541 221, merja.makinen@exelcomposites.com Distribution: Nasdaq Helsinki Ltd Main news media www.exelcomposites.com Exel Composites in brief Exel Composites (www.exelcomposites.com) is a leading composite technology company that designs, manufactures and markets composite products and solutions for demanding applications. Exel Composites provides superior customer experience through continuous innovation, world-class operations and long-term partnerships. The core of the operations is based on own, internally developed composite technology, product range based on it and strong market position in selected segments with a strong quality and brand image. Profitable growth is pursued by a relentless search for new applications and development in co-operation with customers. The personnel’s expertise and high level of technology play a major role in Exel Composites’ operations. Exel Composites Plc share is listed in Nasdaq Helsinki Ltd.