Tue November 14 03:15 pm 2017 in category Stock exchange releases

Changes in Nokian Tyres’ Board of Directors and its Committees

Nokian Tyres plc Stock Exchange Release 14 November 2017 3:15 p.m.

The following changes have been made to Nokian Tyres plc’s Board of Directors due to the passing of Deputy Chairman Tapio Kuula.

Nokian Tyres’ Board of Directors continues with six members until the next Annual General meeting that will be held on 10 April 2018. The current members of the Board of Directors are Petteri Walldén (Chairman), Heikki Allonen, Raimo Lind, Veronica Lindholm, Inka Mero and George Rietbergen.

For the remaining term of office, Nokian Tyres’ Board of Directors has elected, from among its members, Raimo Lind as its new Deputy Chairman of the Board and Petteri Walldén (Chairman), Raimo Lind and Veronica Lindholm as members of the Personnel and Remuneration Committee. Raimo Lind (Chairman), Heikki Allonen, Inka Mero and George Rietbergen continue as members of the Audit Committee.

Tapio Kuula (born 1957) served on Nokian Tyres’ Board of Directors from 2015 onward. In 2016, he was elected as Chairman of the Personnel and Remuneration Committee and in 2017 as Deputy Chairman of the Board. Kuula made a prominent career in the energy industry and served as the longstanding President and CEO of Fortum, among other things.

“Tapio Kuula was a highly respected and well-liked expert of the business life. On behalf of our entire company, I want to extend our sincere condolences to his family and offer thanks for the work Tapio Kuula did for the benefit of our company,” says Petteri Walldén, Chairman of the Board of Directors.

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Further information: Petteri Walldén, Chairman of the Board, tel. +358 10 401 7476

Distribution: Nasdaq Helsinki, media and www.nokiantyres.com