Jari Vähäpesola appointed as an adviser to Spinnova’s Board of Directors

SPINNOVA PLC, PRESS RELEASE, 21 DECEMBER 2023 AT 14:00 P.M. EET

Jari Vähäpesola appointed as an adviser to Spinnova’s Board of Directors

Spinnova’s Board of Directors has appointed board professional Jari Vähäpesola as an adviser to the Board effective as of December 2023. Jari has had an over 36-year successful career at Valmet heading various business lines. Most recently he acted as Business Line President, Paper and was a member of the Executive Team. He has a M.Sc. degree in mechanical engineering.

Jari will support the Board of Directors in strategic matters and advise on technology scaling.

Chair of the Board Janne Poranen comments: “We are delighted that Jari joins Spinnova as an adviser. Jari’s competences will support Spinnova as we move to the commercial scaling phase.”

Jari Vähäpesola comments: “I am very excited to work with Spinnova to support their development of sustainable technologies for textile fibre production.”

For further information, please contact:

Janne Poranen, Chair of the Board

Tel. +358 20 703 2430

ir@spinnova.fi

Certified advisor:
Aktia Alexander Corporate Finance Oy
Tel. +358 50 520 4098

Distribution:
Nasdaq Helsinki
Major media
 

SPINNOVA – Sustainable textile materials, naturally

Spinnova transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough technology for making textile fibre out of wood or waste, such as leather, textile or agricultural waste, without harmful chemicals.

The patented SPINNOVA® fibre creates zero waste and side streams or microplastics, and its CO2 emissions and water use are minimal. SPINNOVA® materials are quickly biodegradable and circular. Spinnova is committed to using only sustainable raw materials such as FSC certified wood and waste. SPINNOVA® fibre is produced without harmful or complex chemical processes and has the touch and feel of natural fibres such as cotton and linen.

Spinnova has received awards from e.g. the Fast Company, ISPO, Scandinavian Outdoor, ANDAM, Monocle and Marie Claire UK.

Spinnova’s shares (SPINN) are listed on the Nasdaq Helsinki First North Growth Market.

SPINNOVA® home: www.spinnova.com
Corporate & IR site: www.spinnovagroup.com