Personnel changes in Finnvera’s Board of Directors

Finnvera plc, Stock Exchange Release, 4 December 2024

The State of Finland as the only shareholder of Finnvera Plc and the Ministry of Economic Affairs and Employment as the State's representative have made changes in the composition of the company’s Board of Directors. Jan Vapaavuori, LL.M., has been appointed as the Chairman of the Board of Directors. Pia Santavirta, LL.M., CEO of Finnish Industry Investment Ltdhas been appointed as new member of the Board of Directors.

Jan Hjelt, Director General, LL.M. with court training, from the Ministry of Economic Affairs will continue as First Vice Chair and Mikko Spolander, Director General, Lic.Sc. (Econ.), from the Ministry of Finance will continue as Second Vice Chair of Finnvera's Board of Directors. Hannu Jaatinen, M.Sc. (Econ.), eMBA; Eila Kreivi, M.S.Sc.; Anne Nurminen, Entrepreneur, and Elina Piispanen, M.Sc. (Econ.) will continue serving as members of the Board.

The changes come into effect on December 4, 2024. The term of the Board continues until the end of the 2025 Annual General Meeting.

Former Chairman Petri Ekman and member Petri Viertiö have stepped down from the Board.

Further information:

Risto Huopaniemi, Senior Vice President, Legal Affairs and Administration, Finnvera, tel. +358 29 460 2520, [email protected]