Betolar Plc announced that the Shareholders? Nomination Board consists of four members. The right to appoint members representing the shareholders belongs to the four shareholders who hold the largest share of the votes represented by all shares in the Company on the first working day of August preceding the Annual General Meeting.

In addition, the Chairperson of the Board of Directors is an expert member of the Nomination Board. The representative of the largest shareholder shall be selected as the Chairperson of the Nomination Board, unless the Nomination Board specifically decides otherwise. The composition of the Shareholders?

Nomination Board of Betolar was determined based on holdings on 1 August 2023. The following members have been nominated to the Shareholders? Nomination Board: Alexander Ehrnrooth, Chairperson of the Shareholders?

Nomination Board, representing shareholder Nidoco AB, Juha Leppänen, shareholder, Olli-Pekka Kallasvuo, representing shareholder Ajanta Innovations Oy and Annika Ekman, representing shareholder Ilmarinen Mutual Pension Insurance Company. The Nomination Board will give its proposal to the Company?s Board of Directors for the 2024 Annual General Meeting latest on 31 January 2024.