Suominen Oyj

Board/Management Information • Dec 19, 2018

National Storage Mechanism | Additional information

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Suominen Corporation     Stock Exchange Release     19 December 2018 at 2.00 pm EET

Petri Helsky appointed President & CEO of Suominen

Suominen’s Board of Directors has appointed Mr. Petri Helsky as the new President & CEO of Suominen Corporation. Before joining Suominen, Helsky was the CEO of Metsä Tissue Corporation until September 2018. He starts as the President & CEO of Suominen on 7 January 2019.

“Suominen has great growth opportunities ahead and the Board of Directors believes that Petri Helsky’s personal capabilities and fitting professional background make him an excellent choice to guide Suominen to profitable growth,” says Jan Johansson, Chair of Board of Directors.

“Suominen is a globally leading company in the nonwovens industry and I see lots of potential in the company. In the past few years, Suominen has built its capabilities decisively and expectations for success are high. This is an exciting challenge and I am very happy to join Suominen,” says Petri Helsky.

Helsky (born 1966) is Master of Science in Economics and in Engineering. Prior to working as the CEO of Metsä Tissue Corporation, Helsky was the President of Pulp & Paper segment and President of the Asia-Pacific Region and member of Management Board in Kemira Oyj. He has extensive experience from international management positions. Petri Helsky is also member of Board of Directors of Exel Composites Plc.

Suominen Corporation

Board of Directors

For additional information, please contact

Risto Anttonen

Vice Chair of the Board of Directors

tel. +358 50 597 8400

**Suominen in brief

**Suominen manufactures nonwovens as roll goods for wipes as well as for medical and hygiene products. The end products made of Suominen’s nonwovens – wet wipes, feminine care products and swabs, for instance – bring added value to the daily life of consumers worldwide. Suominen is the global market leader in nonwovens for wipes and employs over 650 people in Europe and in the Americas. Suominen’s net sales in 2017 amounted to EUR 426.0 million and comparable operating profit to EUR 15.0 million. The Suominen share (SUY1V) is listed in Nasdaq Helsinki Stock Exchange (Mid Cap). Read more at www.suominen.fi.

Distribution:

NASDAQ Helsinki

Main media

www.suominen.fi