Honkarakenne Oyj

Board/Management Information • Dec 2, 2019

Disclosure 377148

Honkarakenne Oyj - Changes board/management/auditors

MARKETING DIRECTOR SANNA HUOVINEN FOR HONKARAKENNE EXECUTIVE GROUP

HONKARAKENNE OYJ Stock Exchange Release December 2, 2019 at 10:00 a.m.

MARKETING DIRECTOR SANNA HUOVINEN FOR HONKARAKENNE EXECUTIVE GROUP

Honkarakenne Oyj strengthens its Executive Group and appoints Sanna Huovinen, M.Sc. (Econ.), 41 to the Executive Group. Sanna Huovinen has held various marketing positions at Honkarakenne since 2012.

“We have noticed Sanna Huovinen's strong marketing expertise and her good understanding of business development even before her appointment to the Executive Group. Today and especially in the future, marketing is playing an increasingly important role in implementing the strategy. We expect Sanna to make a strong contribution to our management team work”, comments President and CEO Marko Saarelainen.

Honkarakenne Executive Group as of December 1, 2019:

Marko Saarelainen President and CEO

Leena Aalto Vice President – Finance, CFO

Jari Fröberg Vice President – Production

Sanna Huovinen Vice President – Marketing

Jari Noppa Vice President – BA Finland

HONKARAKENNE OYJ

Marko Saarelainen

President and CEO

MORE INFORMATION

President and CEO Marko Saarelainen, tel. +358 40 542 0254, marko.saarelainen@honka.com

DISTRIBUTION

NASDAQ OMX Helsinki Oy

Key media

Financial Supervisory Authority

www.honka.com

Under its Honka® brand, Honkarakenne manufactures high-quality, healthy and ecological detached houses, holiday homes and public buildings using Finnish solid wood. The company has delivered 85,000 buildings to more than 50 countries. House packages are made in Finland, the company’s own factory is located in Karstula, Finland. In 2018, the Honkarakenne Group had net sales of MEUR 48.9, of which exports accounted for 37%. www.honka.com