Exel Composites Oyj — Major Shareholding Notification 2021

Sep 22, 2021

Exel Composites Plc: Announcement regarding change in shareholdings

Exel Composites Plc: Announcement regarding change in shareholdings

EXEL COMPOSITES PLC    STOCK EXCHANGE RELEASE    22 SEPTEMBER 2021 at 09:00 EET

Exel Composites Plc has on 21 September 2021 received a disclosure under Chapter
9, Section 5 of the Finnish Securities Markets Act according to which the
holding of OP-Suomi Pienyhtiöt investment fund has decreased below 5% of the
voting rights and share capital in Exel Composites Plc.

Through share transactions concluded on 17 September 2021, the holding of the OP
-Suomi Pienyhtiöt investment fund, administered by OP-Rahastoyhtiö Oy, amounts
to 590,119 shares representing 4.96% 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.

Information in relation to the person subject to the notification obligation

Name %- of shares and voting rights
OP-Rahastoyhtiö Oy 0.00%
OP-Suomi Mikroyhtiöt-investment fund 3.53%
OP-Suomi Pienyhtiöt- investment fund 4.96%

The total holdings of investment funds administered by OP-Rahastoyhtiö Oy amount
to 8.49% on 17 September 2021.

Vantaa, 22 September 2021

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

At Exel Composites, we use over 60 years’ experience to solve challenges and
help customers save resources. Our forward-thinking composite solutions made
with continuous manufacturing technologies serve customers in a wide range of
industries around the world. You can find our products used in applications from
wind power and transportation to building and infrastructure.

Our collaborative approach and global footprint set us apart from our
competition. We use our expertise to help customers reduce weight, improve
performance and energy efficiency and decrease total lifetime costs. We want to
be the first choice for sustainable composite solutions globally.

Headquartered in Finland, Exel Composites employs approximately 650 forward
-thinking professionals around the world and is listed on Nasdaq Helsinki. To
find out more about our offering and company please visit
www.exelcomposites.com.

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