Mr. Hannu Huttunen, the CEO of Bittium Corporation has announced that he will leave his position as CEO of the Company. The Board of Directors of the company has initiated a search for a new CEO with the goal of having a new CEO selected by the beginning of next year. Mr. Hannu Huttunen will continue in his position until then with the full support of the Company's Board of Directors.

It has been agreed that Mr. Huttunen will continue as an Advisor to the Company's Board of Directors until the end of 2023.