Changes in Nokian Tyres' management team

Nokian Tyres plc Press Release 18 January 2017, 1:00 p.m.

Mr. Timo Tervolin, Vice President, Strategy and Corporate Development will take over the responsibility for the global Process Development in Nokian Tyres as of 1 February 2017. Mr. Alexej von Bagh, the current Vice President, Process Development will move outside the company. Nokian Tyres thanks Mr. von Bagh for his long-term service and all his efforts toward the company.

Mr. Tervolin, M.Sc. (Economics) and M.Sc. (Engineering), age 40, has worked for the Company and been a member of Nokian Tyres' management team since July 2016. His CV and photo can be found from https://www.nokiantyres.com/company/investors/corporate-governance/the-groups-management-team.

Nokian Tyres plc 

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Distribution: Media and www.nokiantyres.com 

Nokian Tyres is the world’s northernmost tyre manufacturer. The company promotes and facilitates safe driving in demanding conditions. It supplies innovative tyres for cars, trucks and special heavy machinery mainly in areas with special challenges on tyre performance: snow, forests and harsh driving conditions in different seasons. Nokian Tyres’ product development is consistently aiming for sustainable solutions for safety and the environment, taking into account the whole life cycle of the tyre. A part of the Nokian Tyres group, the tyre chain Vianor has 1,494 outlets in 26 countries. In 2015 Nokian Tyres had approximately 4,400 employees and net sales of approximately 1,4 billion euros. Nokian Tyres’ share is listed on the Nasdaq Helsinki. Further information: www.nokiantyres.com