Panostaja Oyj

Board/Management Information • Aug 5, 2019

Disclosure 373773

Panostaja Oyj - Changes board/management/auditors

Juha Sarsama appointed acting CEO of Grano

Panostaja Oyj Stock Exchange Bulletin, changes in management August 5, 2019 10 am

Juha Sarsama appointed acting CEO of Grano

Juha Sarsama, Chair of the Board of Grano Group Oy, has been appointed temporary CEO of Panostaja investment Grano Group Oy. Sarsama shall manage the task until Pekka Mettälä, who has been appointed the new CEO, assumes his post on September 18, 2019.

As we announced on April 15, 2019, current CEO Mikko Moilanen will be moving on to a new post – ”We want to thank Mikko for his excellent work in crystallizing and implementing Grano Group Oy’s strategy and wish him all the best in his future endeavors.”

Panostaja Oyj

Tapio Tommila

CEO

Further information:

CEO Tapio Tommila, +358 (0)40 527 6311

Investment Director Juha Sarsama, +358 (0)40 774 2099

Panostaja is an investment company developing Finnish SMEs in the role of an active majority shareholder. The company aims to be the most sought-after partner for business owners selling their companies as well as for the best managers and investors. Together with its partners, Panostaja strives to increase shareholder value and create Finnish success stories. Panostaja has a majority holding in eight investment targets. Panostaja’s shares (PNA1V) are quoted on the Nasdaq Helsinki Stock Exchange. In the 2018 financial year, the Group’s net sales totaled MEUR 199.7.

www.panostaja.fi