Antti Laulainen appointed member of Raute Group's Executive Board

RAUTE CORPORATION STOCK EXCHANGE RELEASE 21 DECEMBER 2015 at 5:00 p.m.

ANTTI LAULAINEN APPOINTED MEMBER OF RAUTE GROUP'S EXECUTIVE BOARD

Mr. Antti Laulainen, M.Sc. (Tech.) (48), has been appointed member of Raute Group's Executive Board as of March 14, 2016 with responsibility for Technology services and Sales management (Group Vice President, Technology Services and Sales Management). Previously Antti Laulainen has held senior management positions in NSN/Nokia Networks in 1997–2009 and Outotec Oyj in 2010–2013, among others. He has been an independent consultant since 2013.

Raute Group’s Executive Board and the members’ areas of responsibility as of March 14, 2016:

Tapani Kiiski, President and CEO, Chairman – Sales
Arja Hakala, Group Vice President, Finance, CFO – Finance and administration
Marko Hjelt, Group Vice President, Human Resources – Human resources and competence development
Mika Hyysti, Group Vice President, Technology – Technology, products and R&D
Timo Kangas, Group Vice President, EMEA – Market area EMEA
Antti Laulainen, Group Vice President, Technology Services and Sales Management – Technology services and sales management
Petri Strengell, Group Vice President, Supply Chain – Sourcing and production.

 
RAUTE CORPORATION
Tapani Kiiski
President and CEO

FURTHER INFORMATION:
Tapani Kiiski, President and CEO, mobile +358 400 814 148
Antti Laulainen, mobile +358 040 527 4839

DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com

RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology offering covers machinery and equipment for the entire production process. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in Nastola, Finland. Its other production plants are in the Vancouver area of Canada, in the Shanghai area of China, and in Kajaani, Finland. Raute’s net sales in 2014 were EUR 94.0 million. The Group’s headcount at the end of 2014 was 587.

More information about the company can be found at www.raute.com