Decisions of the organizing meeting of the Board of Directors of Enersense International Plc

Enersense International Plc
Stock exchange release 4 April 2022 at 4:05 p.m.

The Board of Directors of Enersense International Plc elected in its organizing meeting held today 4 April 2022 Jaakko Eskola as the Chairperson of the Board of Directors and Sirpa-Helena Sormunen as Vice Chairperson of the Board of Directors. In addition, the Board of Directors elected the members of the Audit Committee and the Remuneration Committee from among its members.

Sari Helander was elected as the Chairperson of the Audit Committee and Päivi Jokinen and Petri Suokas as members of the Audit Committee.

Herkko Plit was elected as the Chairperson of the Remuneration Committee and Jaakko Eskola and Sirpa-Helena Sormunen were elected as members of the Remuneration Committee.

The Board of Directors has assessed the independence of its members and concluded that all Board members are independent of the company, with the exception of Herkko Plit. In addition, all members except for Jaakko Eskola and Petri Suokas are independent of the company’s major shareholders. Herkko Plit is not considered to be independent of the company as he is part of the executive management at P2X Solutions Oy, with which the company has a significant cooperation relationship through an investment and partnership arrangement executed on 14 February 2022. Jaakko Eskola is not considered to be independent from major shareholders because of his role as Senior Industrial Advisor to Nidoco AB and Petri Suokas is not considered to be independent from the major shareholders due to his role as member of the Board in MBÅ Invest Oy.

More information:

Jussi Holopainen, CEO
Tel. +358 44 517 4543
Email: jussi.holopainen@enersense.com

Media contacts:

Tommi Manninen, SVP, Communications and Public Affairs
Tel. +358 40 043 7515
Email: tommi.manninen@enersense.com

Enersense in brief:

Enersense International Plc is a provider of zero-emission energy solutions. The company is strongly involved in supporting the ongoing energy transition and enabling a zero-emission society. The Enersense Group’s turnover in 2021 was around EUR 239 million. The company has around 2,000 employees, and it operates in Finland and internationally in around 40 countries. Enersense’s share is quoted on the Nasdaq Helsinki (ESENSE). The company provides information for investors at www.enersense.com/investors.