Exel Composites Plc: Managers' Transactions – Kirsi Sormunen

EXEL COMPOSITES PLC          MANAGERS’ TRANSACTIONS          12 MAY 2023 at 14:00 EET

Exel Composites Oyj - Managers' Transactions

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Person subject to the notification requirement

Name: Kirsi Sormunen

Position: Member of the Board/Deputy member

 Issuer: Exel Composites Oyj

LEI: 743700205JAMGM80QD88

Notification type: INITIAL NOTIFICATION

Reference number: 31508/5/4

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Transaction date: 2023-05-11

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009007306

Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details

(1): Volume: 2094 Unit price: 0 EUR

Aggregated transactions (1):

Volume: 2094 Volume weighted average price: 0 EUR

For further information, please contact:

Sanna Ahvenniemi, Head of Investor Relations

tel. +358 40 864 3000

sanna.ahvenniemi@exelcomposites.com

Exel Composites in brief

At Exel Composites, we use over 60 years’ experience to solve challenges and help customers save resources. Our forward-thinking composite solutions made with continuous manufacturing technologies serve customers in a wide range of industries around the world. You can find our products used in applications from wind power and transportation to building and infrastructure.

Our collaborative approach and global footprint set us apart from our competition. We use our expertise to help customers reduce weight, improve performance and energy efficiency and decrease total lifetime costs. We want to be the first choice for sustainable composite solutions globally.

Headquartered in Finland, Exel Composites employs approximately 700 forward-thinking professionals around the world and is listed on Nasdaq Helsinki. To find out more about our offering and company please visit www.exelcomposites.com.

Exel Composites Plc