Teleste Oyj

Board/Management Information • Sep 17, 2020

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Teleste - Other information disclosed according to the rules of the Exchange

Teleste: Establishment of a shareholders’ nomination board

TELESTE CORPORATION STOCK EXCHANGE RELEASE AT 17.9.2020 9:05 EEST

ESTABLISHMENT OF A SHAREHOLDERS’ NOMINATION BOARD

The following persons have been appointed as members to Teleste’s shareholders’ nomination Board:

• chairman of the board of directors, Timo Luukkainen, Tianta Oy (chairman),
• director Patrick Lapveteläinen, Mandatum Henkivakuutusyhtiö, and
• director Esko Torsti, Keskinäinen Eläkevakuutusyhtiö Ilmarinen

The shareholders’ nomination board prepares and presents to Teleste's shareholders meetings proposals for persons to be nominated as members of Teleste’s board of directors and their remuneration as well as ensures that the board of directors and its members have sufficient competence and experience to meet the company’s demands.

TELESTE CORPORATION

Jukka Rinnevaara

CEO

ADDITIONAL INFORMATION:

Jukka Rinnevaara, tel +358 2 2605 611

DISTRBUTION:

Nasdaq Helsinki

Main media

www.teleste.com