Apetit Plc’s CEO to change

Apetit Plc, Stock Exchange Release, 31 May 2019 at 9:30 a.m.

Juha Vanhainen, CEO of Apetit Plc, will leave the CEO position of the company on 31 August 2019. Thereafter he will be available for special projects defined by the Board of Directors until 30 November 2019.

“The nearly five-year period as the CEO of Apetit has been challenging in many ways and at the same time a very interesting and motivating period. I am glad that we have taken the change through together with the great personnel of Apetit and have shaped the company as a clearly focused vegetable house. I will start a new phase in my career at the end of the year,” says Juha Vanhainen.

“I thank Juha Vanhainen on my and the Board of Directors’ behalf for his work. I wish him success for the future,” says Simo Palokangas, Chairman of the Board of Directors at Apetit Plc.

Esa Mäki appointed CEO of Apetit Plc as of 1 September 2019

Apetit Plc's Board of Directors has appointed Esa Mäki (52), M.Sc as a new CEO. Mäki will start at Apetit on 1 September 2019. He moves to the position from HKScan Corporation where he has been working since beginning of March 2019 in the position of EVP, Meat Balance & Supply Chain.

Esa Mäki has previously worked at Atria Plc being responsible for export and industrial sales as well as Managing Director at Best In Oy. In addition, Mäki's previous career includes CEO positions at Biolan Oy, Finnprotein Oy, Broilertalo Oy and HK Ruokatalo Oy.

“Apetit will get the leader, whose industry expertise and extensive management experience will strengthen development of the company's performance. Improving business efficiency and improving profitability clearly are the most important tasks of the Board of Directors and the CEO starting in September. It's great that we can work together with Esa Mäki,” says Palokangas.

“The common denominator of my new and previous duties is the Finnish food industry. Originally from countryside, I already at a young age have had a contact with Lännen Tehtaat, which has refined products from my home farm. The started development measures at Apetit, targeting to improve growth and profitability, will be a priority also in the future,” says Esa Mäki, President and CEO of Apetit Plc.

Apetit Plc

The Board of Directors

For further information, please contact:

Simo Palokangas, Chairman of the Board of Directors, tel. +358 400 521 697
Esa Mäki, puh. +358 44 0321 079
Juha Vanhainen, puh. +358 40 541 8178

Apetit is number one in vegetables. It is a food industry company firmly rooted in Finnish primary production. We create well-being with vegetables by offering healthy and tasty food solutions that make daily life easier. We also produce high-quality vegetable oils and rapeseed expellers for feeding stuff, and trade grain on the international markets. Apetit seeks to lead the way in vegetable-based food solutions. Apetit Plc's shares are listed on Nasdaq Helsinki. In 2018, the company's net sales were EUR 283 million. Read more at www.apetit.fi.

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