Changes in Apetit Plc’s Management Team

Apetit Plc, Stock Exchange Release on 21 October 2019 at 2:15 p.m.

Apetit Plc continues renewing its management system and management team structure as part of the business reorganization. The changes in the Corporate Management Team will take effect as follows:

Tero Heikkinen has been appointed Director, the Grain Trade and Oilseed Products businesses as of 1 December 2019. Currently Heikkinen holds the CFO as well as the interim Director, the Grain Trade business positions at Apetit Group. A recruitment process of a new CFO is currently ongoing.

Max Portnoj has been appointed interim CFO and a member of the Management Team as of 1 December 2019. Portnoj is currently working as Group Controller at Apetit.

Antti Snellman, Director, the Grain Trade business will leave his position at Apetit until the end of October 2019.

Johanna Heikkilä, Director, Human Resources at Apetit Group, will continue working for Apetit and as a member of the Management Team until the end of February 2020. In the future, the HR function will be managed by the new CFO.

"I thank Antti Snellman and Johanna Heikkilä for their work for Apetit and wish them all the best in the future. During her long career at Apetit, Johanna has successfully built and further developed Apetit Group’s HR function and acted as a strong partner for the businesses at various stages of the Group. Antti, for his part, has especially boosted development projects and production efficiency in the Oilseeds business, as well as structural renewal of the Grain Trade," says CEO Esa Mäki.

Apetit Plc

For more information, please contact:

Esa Mäki, CEO, tel. +358 10 402 2100

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 apetit.fi.