Organisational meeting of the Supervisory Board and election of the Board of Directors

Organisational meeting of the Supervisory Board and election of the Board of Directors

Apetit Plc, Stock Exchange Release on 16 April 2018 at 2:30 p.m.

At its meeting on 16 April 2018, Apetit Plc’s Supervisory Board elected Harri Eela as its Chairman and Marja-Liisa Mikola-Luoto as the Deputy Chairman.

The Supervisory Board decided to elect six members to Apetit Plc‘s Board of Directors. Lasse Aho, Annikka Hurme, Esa Härmälä, Seppo Laine, Veijo Meriläinen and Niko Simula were elected as the members of the Board of Directors. Veijo Meriläinen was appointed as the Chairman and Esa Härmälä as the Deputy Chairman of the Board of Directors.

It was decided that the Board members will be paid an annual remuneration of EUR 19,560 and that the Chairman and Deputy Chairman will receive an annual remuneration of EUR 39,060 and EUR 24,120, respectively. A total of 60 per cent of the annual remuneration will be in cash and the remaining 40 per cent in the form of Apetit Plc‘s shares held by the company at the current value of the share at the time of transfer. The remuneration will be paid once a year in December. It was also decided that the Chairman and members of the Board of Directors will be paid a meeting allowance of EUR 510 and EUR 300, respectively.

Apetit Plc

For further information, please :

Corporate Counsel Asmo Ritala, tel. +358 10 402 00

Apetit is number one in vegetables. It is a food industry company firmly rooted in Finnish primary production. We create well-being with vegetables by offering healthy and tasty food solutions that make daily life easier. We also produce high-quality vegetable oils and rapeseed expellers for feeding stuff, and trade grain on the international markets. Apetit seeks to lead the way in vegetable-based food solutions. Apetit Plc’s shares are listed on Nasdaq Helsinki. In 2017, the company’s net sales were EUR 314 million and it had approximately 640 employees. at apetitgroup.fi.

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