Change in Altia’s Executive Management Team

Altia Plc      Stock Exchange Release   31 August 2018 at 10:00 am EET

Change in Altia’s Executive Management Team

Altia’s Chief Financial Officer (CFO) and member of the Executive Management Team, Matti Piri has announced that he will leave the company for a position outside Altia. Matti Piri 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 February 2019. The recruitment process for a new CFO will be initiated immediately.

“Matti has had a significant role in the development of Altia to become a leaner and financially stronger company. Matti also played a central role in Altia’s successful initial public offering. Already now, I want to thank Matti for his strong contribution during the past five years in Altia’s transformation to the leading Nordic spirits and wine brand house, and wish Matti great success in his new position”, says Pekka Tennilä, Altia’s CEO.

“I am proud of what we have achieved together during the past five years. Altia is today in a financially stable position and has an interesting future as a new stock exchange listed company. Altia has strong brands and professional personnel, which offer excellent conditions to succeed going further. I would like to thank all Altians for the past years,” Matti Piri comments.

ALTIA PLC

Pekka Tennilä

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

Tua Stenius-Örnhjelm
Investor Relations Manager
+358 40 748 8864
tua.stenius-ornhjelm@altiagroup.com

Altia is a leading Nordic alcoholic beverage company operating in the wines and spirits markets in the Nordic countries, Estonia and Latvia. Altia produces, imports, markets, sells and distributes both own and partner brand beverages. The Company also has production in Cognac, France. Further, Altia exports alcoholic beverages to approximately 30 countries, most of which are in Europe, Asia and North America. Altia’s own core brands are Koskenkorva, Chill Out, Blossa, Larsen, O.P. Anderson, Renault, Xanté and Valhalla. Altia’s net sales in 2017 were EUR 359.0 million and the Company employs about 700 professionals. Altia wants to enhance a modern, responsible Nordic drinking culture. www.altiagroup.com.