Teemu Nyholm has been appointed Fellow Finance’s new CEO

FELLOW FINANCE PLC COMPANY ANNOUNCEMENT 26.11.2020 AT 4:20 PM

The Board of Directors of Fellow Finance Plc has appointed the company's interim CEO Teemu Nyholm as the company's new CEO. He will start in his position immediately. Simultaneously Nyholm will leave his position as a board member.

Nyholm is a founding partner of Fellow Finance and has worked as Chief Operating Officer since the founding of the company and company's interim CEO since July 2020. He has previously held management positions in several banks as well as investment services and finance companies. Nyholm has a solid experience in digital business development, banking, wealth management and credit risk management.

Kai Myllyneva, Harri Tilev, Esa Laurila and Jorma Alanne will continue as members of the board.

The Board of Directors

Further enquiries

Kai Myllyneva, Chairman of the Board, Fellow Finance Plc, kai.myllyneva@convestia.fi, puh. +358 40 070 2634

Certified advisor, Evli Bank Plc, tel. +358 40 579 6210

Fellow Finance Plc is a loan-based crowdfunding and peer-to-peer lending platform. The company’s mission is to transform the traditional bank financing into direct lending between people and businesses. Fellow Finance has intermediated consumer and business financing of more than 670 million euros in Finland, Sweden, Denmark, Germany, Poland and Czech Republic and served more than 900 000 customers. The company is regulated by the Financial Supervisory Authority of Finland as an Authorized Payment Institution and listed on the Nasdaq First North Growth Market Finland. www.fellowfinance.com

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