Members of the Board of Directors of Olvi Plc

Since 26 March, 2024.

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:

10/2019-01/2023 Kesko Corporation/Kespro, Director of Purchasing and Sales, Fresh
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:

2023- 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:

2018-12/2023, 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, 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:

2022-2024 Ahlstrom Oy (2018-2022 Ahlstrom-Munksjö Oyj), Member of the Board
2022- Munksjö AB, Member of the Board
2022- GPV Group A/S, Member of the Board
2020- Varma, Member of the Supervisory 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
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 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

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
2019-2023 Circulove Oy, Founder, Chairman of the Board
2017-2019 Marimekko plc, Chief Marketing Officer
2010-2017 Fiskars Group, Fiskars Living, Vice President (Iittala, Royal Copenhagen, Arabia, Rörstrand & online and own retail)
2004-2010 Lumene Group, Brand Director/Marketing Manager (Lumene and Cutrin)
1997-2004 Orion-Yhtymä Oyj NOIRO, Product Manager skin care (Lumene, Nanoel, Favora)

Important positions in other organisations:

2024 – Finnish Commerce Federation, Member of Board
2023 Finnish Commerce Federation, Member of Sustainability Committee
2019-2021 Association for Finnish Work, Member of the Executive Committee
2016-2018 Member of Board, Foundation of the Design Museum

Christian Ståhlberg

Member of the Board

b. 1974

Master of Laws, University of Helsinki
Member of Olvi Plc’s Board of Directors since 2023

Work experience in brief:

2017- Neste Corporation, General Counsel, Executive Vice President, Legal
2015-2017 Rettig Group Ltd, General Counsel
2011-2014 Pohjola Bank plc, Director, Legal
2007-2011 Neste Oil Corporation, Senior Legal Counsel
1998-2007 Roschier Helsinki, Attorney, Senior Associate
2006 Visiting Attorney, Alston & Bird LLP, New York, USA

Important positions in other organisations:

2020- Member of the Legal Committee, Finland Chamber of Commerce
2018-2021 Nynas AB, Sweden, Member of Board
2001-2019 Lecturer, Hanken School of Economics, Helsinki

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, 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
2013-2015 Member of Tartu Town Council

Independent Members of the Board of Directors of Olvi Plc:

Among the Members of the Board of Directors, Nora Hortling, Lasse Heinonen, Juho Nummela, Christian Ståhlberg and Tarmo Noop do not have a relationship of dependence to the Company.

Among the Members of the Board of Directors, Lasse Heinonen, Päivi Paltola, Christian Ståhlberg and Tarmo Noop do not have a relationship of dependence to a major shareholder.

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) serves as Olvi plc’s board secretary. She is not a member of the board.