Members of the Board of Directors of Olvi Plc

Since 31 March, 2021.

Pentti Hakkarainen

Chairman of the Board

b. 1958

Master’s degree in Economics, Master’s degree in Law
Chairman of the Board since 2017

Professional career:

2017- 2021 Member of the Supervisory Board of the Single Supervisory Mechanism (ECB representative)
2008-2017 Deputy Governor, Suomen Pankki – Finlands Bank
2002-2007 Member of the Board, Suomen Pankki – Finlands Bank
1998-2001 CEO, Postipankki Ltd. *
1995-1997 Executive Director and Member of the Board, OKOBANK plc *
1985-1995 Finance Director, Outokumpu Corporation *

* multiple positions within the company

Important positions in other organisations:

2017- 2021 Finnvera plc, Chairman of the Board
2008-2017 Alternate, ECB Governing Council
2008-2017 Chairman of the Board, Financial Supervisory Authority of Finland
2015-2017 ECB Bugdet Committee, Chair
2012-2015 ECB Committee on Controlling, Chair
2008-2017 IMF, Board of Governors, Alternate
2005-2017 EU Economic and Financial Committee, Member
2004-2006 IMF, Audit Committee, Chair and Member

Nora Hortling

Vice Chairman of the Board

b. 1986

Master of Science in Economics
Bachelor of Hotel, Restaurant and Tourism Management
Member of Olvi Plc’s Board of Directors since 2015

Work experience in brief:

10/2019 – Kespro Ltd, Director of Purchasing and Sales, Fresh
2018- 2019 Kespro Ltd, Director of Purchasing and Sales (fuits and vegetable)
2016-2017 Kespro Ltd, Purchasing Manager
2014-2015 Kespro Ltd , Product Manager
2011-2013 Olvi plc , Marketing
2005-2010 several supervisory roles in restaurant business

Lasse Heinonen

Member of the Board

b. 1968

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

Work experience in brief:

2018- Ahlström Capital, President and CEO
2011-2018 Tieto Oyj, CFO
2015-2016 Tieto Oyj, Executive Vice President Telecom, Media & Energy
2004-2011 Finnair Oyj, varios leadership roles eg. EVP Cargo & Aviation Services, Debuty 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:

2018- Ahlström-Munksjö plc, Member of the Board
2018- Terveystalo plc, Member of the Board
2018- Destia Oy, Member of the Board
2018- Enics AG, Chairman of the Board
2017-2019 Are Oy, Member of the Board

Elisa Markula

Member of the Board

b. 1966

School of Economics and Business, Administration, MSc Economics (International Marketing)
Member of Olvi Plc’s Board of Directors since 2015

Work experience in brief:

2018 – Tikkurila Oyj, CEO
2009- 2018 Paulig Group, Head of Division / Oy Gustav Paulig Ab, Managing Director
2006-2009 Oy Suomen LEGO Ab, Senior Vice President
2003-2006 Snellman Ab, Sales DirectorOy
2000-2003 Oy SCA Hygiene Products Ab, Key Account Manager and Trade Marketing Manager
1998-2000 Oy SCA Hygiene Products Ab, Product Manager, Feminine Consumer Products
1993-1998 Oy Fazer Chocolates Ab, Area Marketing Manager

Important positions in other organisations:

The Finland Chamber of Commerce, Member of the Board
Kemianteollisuus ry, Member of the Board
East Office of Finnish Industries, Member of the Board
Finnish-Russian Chamber of Commerce (FRCC), Member of the Board
Väriteollisuus ry, Chairman of the Board

Juho Nummela

Member of the Board

b. 1977

Doctor of Tehnology, Master of Science in Engineering
Ponsse Plc, president and CEO
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
2003 – 2005 Tampere University of Technology, Researcher
2002 – 2003 Ponsse Plc, Master’s Thesis Worker

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 Sunbsidiaries, 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
2006 – 2008 VTT Excellence Advisory Board

Päivi Paltola

Member of the Board

b. 1971

Master of Science in Economics
Member of Olvi Plc´s Board of Directors since 2018

Work experience in brief:

2021 – Ruohonjuuri Oy, Managing Director
2019 – 2021 Circulove Oy, Managing Director and Strategic Advisor
2017-2019 Marimekko plc, Chief Marketing Officer
2014-2017 Fiskars Group, Fiskars Living, Senior Vice President Fiskars Scandinavian Living and own retail (Iittala, Royal Copenhagen, Arabia, Rörstrand)
2010-2014 Fiskars Group, Fiskars Home Finland, Business Director (Iittala, Royal Copenhagen, Arabia, Rörstrand) 2012-2012 / Business Director (Iittala, Arabia, Rörstrand) 2010-2012
2004-2010 Lumene Group, Brand Director Lumene and Cutrin 2008-2010 / Marketing Manager 2004-2008
1997-2004 Orion-Yhtymä Oyj NOIRO, Product Manager skin care (Lumene, Nanoel, Favora) 2000-2004 / Product Manager (Lumene) 1997-2000

Important positions in other organisations:

2019- Association for Finnish Work, Member of the Executive Committee
2016-2018 Memeber of Board, Foundation of the Design Museum
2011-2015 Member of Board, Art&Design City

Independent Members of the Board of Directors of Olvi Plc:

Among the Members of the Board of Directors, Pentti Hakkarainen, Nora Hortling, Lasse Heinonen, Elisa Markula, Juho Nummela and Päivi Paltola do not have a relationship of dependence to the Company.

Among the Members of the Board of Directors, Pentti Hakkarainen, Lasse Heinonen, Elisa Markula and Päivi Paltola do not have a relationship of dependence to a major shareholder.

Chief Financial Officer of Olvi plc Tiina-Liisa Liukkonen (Master of Economic Sciences, eMBA) acts as the secretary of the Board of Directors. She is not a member of the board.