Orthex Oyj — Proxy Solicitation & Information Statement 2022

Jan 28, 2022

Orthex Corporation: Proposals of the Shareholders’ Nomination Board to the Annual General Meeting 2022

Orthex Corporation: Proposals of the Shareholders’ Nomination Board to the Annual General Meeting 2022

Orthex Corporation, Stock exchange release, 28 January 2022 at 8.30 a.m. EET

The Shareholders’ Nomination Board of Orthex Corporation proposes to the Annual
General Meeting 2022 that the meeting would decide on the number, composition,
and remuneration of the members of the Board of Directors as follows:

Number and composition of the Board of Directors

The Shareholders’ Nomination Board proposes that the Board of Directors would
consist of five (5) members and that Sanna Suvanto-Harsaae, Satu Huber and Jens
-Peter Poulsen would be re-elected to the Board and that Markus Hellström and
Jyrki Mäki-Kala elected as new members to the Board, all for a term of office
ending at the end of the next Annual General Meeting.

Ari Jokelainen and Juuso Kivinen have informed the Shareholders’ Nomination
Board that they are no longer available for re-election to the Board.

All director nominees have confirmed that they are independent of the company
and its significant shareholders. Further information on the director nominees
is available on the corporate website
https://investors.orthexgroup.com/corporate-governance/board-of-directors/.

Remuneration of the members of the Board of Directors

The Shareholders’ Nomination Board proposes that the remuneration of the members
of the Board of Directors remains the same and that the Chair of the Board of
Directors be paid a monthly fee of EUR 4,000 and other members of the Board of
Directors a monthly fee of EUR 2,000. The Nomination Board further proposes that
reasonable travel and other expenses related to the Board work be reimbursed in
accordance with the company's travel rules.

The Shareholders’ Nomination Board consists of the representatives of the
company’s four largest shareholders. The members of the Nomination Board are
Maarit Toivanen, CEO and the Chair of the Board of Directors of Conficap Oy,
Alexander Rosenlew, Annika Ekman, Head of Direct Equity Investments of Mutual
Pension Insurance Company Ilmarinen, Mats Söderström, CEO of Thomasset Oy and,
as an expert member, Sanna Suvanto-Harsaae, Chair of Orthex's Board of
Directors. Maarit Toivanen chairs the Nomination Board.

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)40 083 8782
saara.makela@orthexgroup.com

Orthex in brief
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 2020 was 75.9 million euros and operating profit 12.3
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.

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