Change in the Group Management Team of Exel Composites

EXEL COMPOSITES PLC      STOCK EXCHANGE RELEASE      26 OCTOBER 2022 at 14:00 EET

Tiina Bies, Exel Composites Plc’s SVP, Human Resources and member of the Group Management Team, has decided to take up new responsibilities outside the company. Tiina Bies’s employment will end on 27 January 2023, at the latest. The company will immediately start the recruitment process to appoint a new SVP, Human Resources.

“Tiina has served as Exel Composites' SVP, Human Resources since 2014 and has had a key role in the development of the company and in the implementation of our growth strategy. I warmly thank Tiina for her valuable contribution to Exel Composites and wish her all the best in the future”, President and CEO Jouni Heinonen says.

Vantaa, 26 October 2022

Exel Composites Plc
Jouni Heinonen

President and CEO