Orthex Oyj

Board/Management Information • Sep 1, 2022

Orthex Corporation: Composition of Shareholders' Nomination Board

Orthex Corporation, Stock exchange release, 1 September 2022 at 2.30 p.m. EEST

The four largest shareholders of Orthex Corporation have chosen their representatives to the Shareholders' Nomination Board. As stipulated in its charter, the Nomination Board comprises the representatives of the four largest shareholders and the Chair of the Board of Directors of Orthex Corporation as an expert member.

According to the shareholders' register, the company's four largest shareholders on 31 August 2022 were Conficap Oy (14.0% of shares and votes), Alexander Rosenlew (11.72% of shares and votes), Mutual Pension Insurance Company Ilmarinen (5.97% of shares and votes) and Thomasset Oy (4.0% of shares and votes).

As a result, the composition of Orthex's Shareholders' Nomination Board is the following:

• Maarit Toivanen, CEO and Chair of the Board of Conficap Oy
• Alexander Rosenlew
• Annika Ekman, Head of Direct Equity Investments of Mutual Pension Insurance Company Ilmarinen
• Mats Söderström, CEO of Thomasset Oy

The Nomination Board's expert member is Sanna Suvanto-Harsaae, Chair of the Board of Orthex Corporation.

The Nomination Board will submit its proposal for the composition and remuneration of Orthex's Board of Directors to the company's Board of Directors by 31 January 2023 at the latest.

For more information, please contact:

Alexander Rosenlew, CEO, Orthex Corporation Tel. +358 (0)40 500 3826 alexander.rosenlew@orthexgroup.com

Saara Mäkelä, CFO, Orthex Corporation Tel. +358 (0)40 0838 782 saara.makela@orthexgroup.com

Orthex is a leading Nordic houseware producer that strives to make consumers' everyday life easier with its products that are presented under the consumer brands SmartStore™ in storage products, GastroMax™ in kitchenware and Orthex™ in home and plant care categories. Orthex aims to be the industry forerunner in sustainability.

Orthex's net sales in 2021 was 88.7 million euros and operating profit 9.3 million euros. The company has customers in more than 40 countries and local sales offices in Finland, Sweden, Norway, Denmark, Germany, France, and the United Kingdom. Orthex is listed on the Nasdaq Helsinki stock exchange.