Change in composition of Suominen's Nomination Board

Suominen Corporation     Stock Exchange Release     30 November 2018 at 2.20 pm EET

Change in composition of Suominen's Nomination Board

Oy Etra Invest Ab has informed Suominen that Mr. Roger Hagborg, Investment Advisory Professional, TVF TopCo Limited, replaces Mr. Erkki Etola, CEO of Oy Etra Invest Ab, as a member appointed by Oy Etra Invest Ab of the Shareholders’ Nomination Board of Suominen Corporation.

Other two members, determined on the basis of the registered holdings in the company’s shareholders' register on 3 September 2018, are Lasse Heinonen, President & CEO of Ahlström Capital; and Reima Rytsölä, Executive Vice-President, Investments of Varma Mutual Pension Insurance Company. Jan Johansson, Chair of Suominen’s Board of Directors, serves as the fourth member of the Nomination Board.

Suominen Corporation
Tapio Engström, President & CEO (interim)

For additional information, please contact Tapio Engström, tel. +358 10 214 300

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 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.