Exel Composites Oyj — Major Shareholding Notification 2017

Feb 10, 2017

Exel Composites Plc: Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5 regarding change in shareholdings

Exel Composites Plc: Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5 regarding change in shareholdings

EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 10 FEBRUARY 2017 at 18:15 EET

Exel Composites Plc: Flagging notification in accordance with the Finnish
Securities Market Act Chapter 9 Section 5 regarding change in shareholdings

Exel Composites Plc has on 10 February 2017 received a disclosure under Chapter
9, Section 5 of the Finnish Securities Markets Act, according to which the
indirect holding of Försäkrings Ab Alandia falls under 5% of the voting rights
and share capital in Exel Composites Plc.

Through share transactions concluded on 10 February 2017, the total indirect
holding of Försäkrings Ab Alandia through the companies Försäkringsaktiebolaget
Pensions-Alandia, Pensions-Alandia and Försäkringsaktiebolaget Liv-Alandia
amounts to 537,987 shares representing 4,5% of the shares and voting rights of
the Company.

Exel Composites has a total of 11,896,843 shares. There is only one class of
shares, each share entitling one vote.

Vantaa, 10 February 2017

Exel Composites Plc
Mikko Kettunen
CFO

For further information, please contact:
Mikko Kettunen, CFO
tel. +358 50 347 7462
mikko.kettunen@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.