Altia Plc  Stock Exchange Release  4 May 2020 at 4:00 pm EET

Change in Altia's Executive Management Team

Altia's Chief Financial Officer (CFO) and member of the Executive Management Team, Niklas Nylander has resigned from his position to pursue his career outside Altia. Niklas Nylander will continue in his position and as a member of the Executive Management Team until further notice, but no longer than until the end of October 2020.

"Niklas is a highly respected member of our Executive Management Team and his contribution to Altia's development has been very valuable. I want to thank Niklas already now for his work and wish him the best of success for the future", says Pekka Tennilä, Altia's CEO.

The recruitment process for a new CFO will be initiated immediately.

Further information:

Pekka Tennilä, CEO

Contacts:

Analysts and investors: Tua Stenius-Örnhjelm, Investor Relations, tel. +358 40 748 8864

Media: Petra Gräsbeck, Corporate Communications, tel. +358 40 767 0867

Distribution:

Nasdaq Helsinki Ltd

Principal media

www.altiagroup.com 

Altia is a leading Nordic alcoholic beverage brand company operating in the wines and spirits markets in the Nordic and Baltic countries. Altia wants to support a development of a modern, responsible Nordic drinking culture. Altia's flagship brands are Koskenkorva, O.P. Anderson and Larsen. Other iconic Nordic brands are Chill Out, Blossa, Xanté, Jaloviina, Leijona, Explorer and Grönstedts. Altia's net sales in 2019 were EUR 359.6 million and the company employs about 650 professionals. Altia's shares are listed on Nasdaq Helsinki.  www.altiagroup.com (https://emea01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.altiagroup.com%2F&data=02%7C01%7Ctua.stenius-ornhjelm%40altiacorporation.com%7C2585bdb59e634e3166bb08d68cc5cb74%7Cc32b30ff58714a7da29e6f63e6b0ebfd%7C0%7C1%7C636851178498173052&sdata=ieSBZyTDawyVcCqpF1RCYIToI%2Bk%2FEosQeClTugAvHBM%3D&reserved=0). 

https://news.cision.com/altia/r/change-in-altia-s-executive-management-team,c3103396

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