CHIEF FINANCIAL OFFICER OF AVIDLY PLC CHANGES

Chief financial officer of Avidly Plc changes

Avidly Plc, Company announcement, 7 November 2019 at 10:45 am

The CFO and interim CEO Mikko Marttinen will take up a new position outside Avidly Group as of 1 January 2020 therefore the Board of Directors of Avidly Plc has appointed M.Sc. (Econ.) Hans Parvikoski (46) as the new CFO of the company and a member of the Group’s Management Team. Parvikoski will start in his position as of 1 February 2020.

In his previous roles, Hans Parvikoski has been a CFO and a member of the Executive Management Team of Digitalist Group Oyj and before joining Digitalist Group Oyj, Hans held a similar position at Idean Enterprises Group. Hans has a long experience in financial management in international publicly listed and growth companies.

All 10,000 company shares previously assigned to Mikko Marttinen as an incentive (announcement of 15 June 2017) will be returned to the company.

Avidly Plc’s chairman of the Board of Directors, Jari Tuovinen:

“I would like to thank Mikko for being actively part of Avidly’s growth story almost for six years. I wish him good luck and success in the future. I am pleased that an expert in international business will continue Mikko’s work and therefore also support the implementation of our ambitious strategy. We have also proceeded in our recruitment process of the new CEO and estimate to be able to announce this still in November, with the aim of the new CEO to start on 1 January 2020.”

AVIDLY PLC

BOARD OF DIRECTORS

Additional information:

Jari Tuovinen, Chairman of the Board, tel. +358 500 593 000.

Oaklins Merasco Oy acts as Avidly Plc’s Certified Advisor, tel. +358 9 6129 670.

Avidly is Finland’s leading marketing service provider and a leading marketing automation company in the Nordics, listed on the Nasdaq First North Growth marketplace in Helsinki. We create an atmosphere for growth to take our customers forward. We are a team of more than 250 navigators and explorers, makers and shakers in 16 locations in Finland, Sweden, Norway, Denmark and Germany. Read more: investors.avidlyagency.com/en