Altia appoints Niklas Nylander as Chief Financial Officer (CFO)

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Altia Plc Stock Exchange Release 26 November 2018 1:00 pm EET

Altia appoints Niklas Nylander as Chief Financial Officer (CFO)

Niklas Nylander has been appointed as Altia’s new CFO and member of the Executive Management Team as of 1 January 2019.

Nylander (b. 1973, M.Sc. Econ.) has previously worked as a CFO at Sponda Plc. Prior to that, Nylander made an extensive career within the Tamro Group holding several leading finance positions within the Tamro Group as well as different Nordic business units.

“Niklas has extensive experience from Nordic businesses and a solid track record of leading finance operations successfully. He has also valuable experience from a CFO position at a stock exchange listed company as well as from corporate transactions. I am happy to welcome Niklas to join the Altia team”, comments Pekka Tennilä, CEO.

“Altia is a leading Nordic alcoholic beverage company and is now in a new, interesting phase. I am looking forward to join Altia and to work closely with the business to support the growth of Altia’s iconic Nordic brands”, comments Niklas Nylander.

Altia’s Executive Management Team will from 1 January 2019 consist of the following members:

-          Pekka Tennilä, CEO

-          Janne Halttunen, SVP, Scandinavia

-          Kari Kilpinen, SVP, Finland & Exports

-          Kirsi Lehtola, SVP, HR

-          Niklas Nylander, CFO

-          Kirsi Puntila, SVP, Marketing

-          Hannu Tuominen, SVP, Altia Industrial

Niklas Nylander’s CV and photo can be found as attachments to this stock exchange release.

ALTIA PLC

Pekka Tennilä

Further information:

Pekka Tennilä, CEO

Niklas Nylander, CFO as of 1 January 2019

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.

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