Members of the Board of Directors of Olvi Plc

Since 16.4.2018.

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- 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- 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:

2018- 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
2009-2010 Restaurant Group Ravintolakolmio/ Paasiravintola, Restaurant Shift Manager
2007 the Radisson SAS Hotel, Paris Boulogn
2005-2009 Restaurant Group Ravintolakolmio / Restaurant Shift Manager in several restaurants

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:

Assiociation of Finnish Advertisers, 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

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:

2019- HEISchools, 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

Heikki Sirviö

Member of the Board

b. 1955

Master in Science in Engineering
Honorary Industrial Counsellor

Member of Olvi plc’s Board of Directors since 2015

Work experience in brief:

2010-2015 Yara International ASA, Senior Advisor
2008-2009 Yara Suomi Oy, CEO
2004-2007 Kemira Grow How Oyj, CEO and President
2000-2004 Kemira Agro Oy, Kemira Oy, CEO
1996-2000 KemiraChemicals Oy, Factory Manager
1994-2000 Kemphos, KemiraChemicals Oy, BU Director
1991-1993 Kemira Agro, Kemira Oy, Project Manager
1989-1991 Kemira Agro Oy, Techical Manager
1988-1989 Kemira Agro, Kemira Oy, Operations Manager
1985-1988 Kemira Agro Suomi, Kemira, Material Manager
1980-1984 Kemira Oy, Department Engineer

Important positions in other organisations:

2016- Soilfood Ltd, Member of the Boar
2016- Olvi Foundation, Chairman of the Board
2014-2015 Olvi Foundation, Member of the Board

Independent Members of the Board of Directors of Olvi Plc:

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

Among the Members of the Board of Directors, Pentti Hakkarainen, Esa Lager, Lasse Heinonen, Päivi Paltola and Elisa Markula 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.