Exel Composites Oyj

Major Shareholding Notification • May 8, 2017

Disclosure 352194

Exel Composites Oyj - Major shareholder announcements

Exel Composites Plc: Announcement regarding change in shareholdings

EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 8 MAY 2017 at 12:30 EET Exel Composites Plc has on 8 May 2017 received a disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which the holding of Nordea Funds Ltd has fallen below 5% of the voting rights and share capital in Exel Composites Plc. Through share transactions concluded on 4 May 2017, the total holding of Nordea Funds Ltd amounts to 573,138 shares representing 4,82% 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, 8 May 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.