Innofactor Plc - Board/Management Information 2019

Innofactor Plc’s new Board of Directors and its organizing meeting

Innofactor Plc Stock Exchange Release April 2, 2019, at 11:30 Finnish time

The Annual General Meeting of Innofactor Plc elected today, April 2, 2019, a new Board of Directors for the company. CEO of Innofactor Plc, Sami Ensio (M.Sc. (Tech.)), Pekka Eloholma (M.Sc. (Tech)), Anna Lindén (M. Pol.Sc) and Risto Linturi (M.Sc. (Tech)) were re-elected as members to the Board of Directors.

At their organizing meeting held immediately after the Annual General Meeting, the Board of Directors elected Pekka Eloholma to continue as the Chairman of the Board.

In accordance with the previous practice, the Board of Director has a Remuneration Committee. The Board of Directors elected Mr. Pekka Eloholma as the Chairman of the Remuneration Committee and Ms. Anna Lindén and Mr. Risto Linturi as Committee members.

Mr. Pekka Eloholma, Ms. Anna Lindén and Mr. Risto Linturi are deemed to be independent of the company and any significant shareholders.

Espoo, April 2, 2019

INNOFACTOR PLC

Board of Directors

Additional information:

Sami Ensio, CEO

Innofactor Plc

Tel. +358 50 584 2029

[email protected]

Distribution:

NASDAQ Helsinki

Main media

www.innofactor.com

Innofactor

Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its over 1,500 customers in commercial, public and third sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has approximately 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. In 2014–2018, the annual growth of Innofactor's net sales has been approximately over 14%. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Oy. www.innofactor.com #ModernDigitalOrganization