Members of the Board of Directors of Olvi Plc

Since 16 April, 2025.

Nora Hortling

Chair of the Board

b. 1986

Master of Science in Economics
Bachelor of Hotel, Restaurant and Tourism Management
Chair of Olvi plc’s Board of Directors since 2023, Vice Chair 2016-2023
Member of Olvi Plc’s Board of Directors since 2015

Work experience in brief:

2/2025– Finnforel Oy, CEO
10/2019–01/2023 Kesko Corporation/Kespro, Director of Purchasing and Sales, Fresh product groups
2018–2019 Kesko Corporation/Kespro, Director of Purchasing and Sales (fuits and vegetable)
2016–2017 Kesko Corporation/Kespro, Purchasing Manager
2014–2015 Kesko Corporation/Kespro, Product Manager
2011–2013 Olvi plc, Marketing
2005–2010 several supervisory roles in restaurant business

Important positions in other organisations:

2024– DIF, Director’s Institute Finland, Member of the Board
2023–2024 Hailia Nordic Oy, Member of the Board

Lasse Heinonen

Vice Chairman of the Board

b. 1968

Master of Science (Economics)
Member of Olvi Plc’s Board of Directors since 2018

Work experience in brief:

2024– Monere Oy, Advisory
2018–2024 A. Ahlström Oy (former Ahlström Capital Oy), President and CEO
2011–2018 Tieto Oyj, CFO
2015–2016 Tieto Oyj, Executive Vice President Telecom, Media & Energy
2004–2011 Finnair Oyj, various leadership roles eg. EVP Cargo & Aviation Services, Deputy CEO and CFO
1992–2004 Novartis Pharma and Sandoz, Managerial positions in finance and logistics in Novartis Pharma and Sandoz in Finland, Turkey and Switzerland

Important positions in other organisations:

2025– Fintraffic Oy, Member of the Board
2024– Conficap Oy and Are Oy, Member of the Board
2022– GPV Group A/S, Member of the Board
2020– Varma, Member of the Supervisory Board
2022–2024 Ahlstrom Oy (2018-2022 Ahlstrom-Munksjö Oyj), Member of the Board
2022–2024 Munksjö AB, Member of the Board
2018–2021 Terveystalo Oyj, Member of the Board

Juho Nummela

Member of the Board

b. 1977

Doctor of Technology, Master of Science in Engineering
Member of Olvi Plc’s Board of Directors since 2021

Work experience in brief:

2008– Ponsse Plc, President and CEO
2006–2008 Ponsse Plc, Factory Director
2005–2006 Ponsse Plc, Quality ja IT Director

Important positions in other organisations:

2020– Olvi Foundation, Member of the Board
2018–2021 Ilmarinen Mutual Pension Insurance Company, Member of the Board
2014–2020 Technology Industries Finland, Member of the Board
2008– Ponsse Plc’s Subsidiaries, Vice Chairman of the Board
2019– Epec Oy, Chairman of the Board, 2011 – 2018 Vice Chairman of the Board
2008– Einari Vidgren Foundation, Vice Chairman of the Board
2000–2008 VTT Excellence Advisory Board

Anette Vaini-Antila

Member of the Board

b. 1969

MSc (Econ.) University of Tampere
Member of Olvi Plc’s Board of Directors since 2025

Work experience in brief:

2019–Numera Palvelut Oy, CFO
- 2023 Acting CEO
2006–2019 FCG Finnish Consulting Group Oy, Business Unit Director
2004–2006 Valtiokonttori, Deputy Director
2001–2004 City of Tampere
- Financial Controller
- Project Manager

Important positions in other organisations:

2023–2024 Avainta ry, Board Member
2022– Finnish Association of Accounting Firms, Board Member
2022–2023 Finnish Association of Accounting Firms, Chair of the Nomination Committee
2020– Revire Perintä Oy, Chair of the Board
2021– Tempore Henkilöstöpalvelut Oy, Chair of the Board
2021– Onvire Oy, Chair of the Board

Pekka Tiainen

Member of the Board

b. 1969

EMBA, Helsinki School of Economics
Member of Olvi Plc’s Board of Directors since 2025

Work experience in brief:

2018– Dayton Group, Chief Executive Officer
- 2018– Dayton Oy, Chair of the Board
2016–2019 GS1 Finland Oy, Chair of the Board
2001–2018 Sinebrychoff
- 2017–2018 Board Member
- 2008–2017 CEO
- 2005–2007 Sales Director, Finland
- 2001–2005 Sales Director, Grocery Channel / Off Trade
1998–2001 Coca-Cola Juomat Oy
- 1998–2001 Business Manager, Grocery
- 1998 Key Account Manager, Grocery
1994–1998 Alfmix Oy, Field Sales Manager

Important positions in other organisations:

2017–2018 Sinebrychoff, Board Member
2016–2019 GS1 Finland, Chairman of the Board
2009–2017 Brewery and Soft Drink Association, Chairman of the Board
2009–2017 Finnish Food Industry, Board & Working Committee Member
2011–2015 Finnish Food Industry, Second Chairman & Working Committee Member
2005–2007 Palpa Recycling System, Board Member

Tarmo Noop

Member of the Board

b. 1968

Executive MBA (EMBA),Estonian Business School
Member of Olvi Plc’s Board of Directors since 2024

Work experience in brief:

1998–2022, AS A. Le Coq, CEO
1994–1998 Estonian COOP Central Organization, CEO of Food Department
1992–1994 Elva Coop (retail) Vice-Chairman of management board-COO
1991–1992 RAS Tarmeko, Export department, Specialist

Important positions in other organisations:

2023– Member of the Board, Meeat OY
2005–Chairman of the Board, OÜ Eesti Pandipakend
2002– Member of the Board, AS Estiko Group (real estate/energy/plastic)
2013–2015 Member of Tartu Town Council

Independent Members of the Board of Directors of Olvi Plc:

All members of the Board of Directors are independent of the Company except for Tarmo Noop. Tarmo Noop served as the CEO of Olvi plc’s subsidiary A. Le Coq until 2022.

Lasse Heinonen, Anette Vaini-Antila, Pekka Tiainen and Tarmo Noop are independent of significant shareholders. Nora Hortling and Juho Nummela, who represent Olvi plc’s largest shareholders, are not considered to be independent of significant shareholders.

Participants in board work

CEO Patrik Lundell (MSc) acts as a presenter at Olvi plc’s board meetings. The CEO is responsible for ensuring that the board’s access to information regarding the company’s business and markets is sufficient. He is not a member of the board.

Olvi plc’s CFO Tiina-Liisa Liukkonen (MSc, eMBA) participated in Olvi Plc’s board meetings. She is not a member of the Board.

Olvi plc’s General Counsel Esa Hyttinen (LL.M.) serves as Olvi plc’s board secretary. He is not a member of the board.