Anora appoints Risto Gaggl as Senior Vice President, Industrial, and member of Anora’s Executive Management Team

Anora Group Plc Stock Exchange Release on 25 August 2023 8.00 am EEST

Anora appoints Risto Gaggl as Senior Vice President, Industrial, and member of Anora’s Executive Management Team

Risto Gaggl has been appointed as Anora’s Senior Vice President, Industrial, and member of the Executive Management Team as of 1 January 2024. Hannu Tuominen, current Senior Vice President, Industrial, will retire at the end of this year. Risto Gaggl will join Anora on 1 October 2023.

Risto Gaggl (born 1968) has a long and comprehensive experience of supply change management and international operations. His work experience includes over 10 years as a Chief Supply Chain Officer at Fiskars Group. Before Fiskars, Risto Gaggl has held several international positions at Elcoteq, the latest of which was Vice President, Business Excellence. Risto Gaggl has a Master’s degree in production technology from Helsinki University of Technology.

“Under Hannu Tuominen's leadership, Anora's Industrial business and supply chain expertise have been taken to a completely new level. For example, Anora has become one of the pioneers in sustainable supply chain management internationally in our industry. Thanks to his experience, Risto Gaggl is an excellent choice to continue the further development of our Industrial business, one of the most important focus areas of which is the implementation of our centre of excellence strategy. I want to extend my heartfelt thanks to Hannu for his important and successful contribution and welcome Risto to Anora's management team", says Anora’s CEO Pekka Tennilä.

"It's great to be able to work with Anora's well-known and valued brands and to be part of the team in implementing Anora's growth strategy together with the company's top professionals, both in the Industrial business and in the entire group. Anora has done pioneering work in responsibility, for example at its Koskenkorva Distillery, which operates based on the circular economy. I am also looking forward to developing sustainability matters together," comments Risto Gaggl.

The Industrial segment is one of Anora’s three business segments. It comprises Anora’s industrial business: industrial products and services, the logistics company Vectura, and internal supply chain operations. In 2022, total net sales of the Industrial segment were EUR 285 million, of which EUR 160 were external sales.

Anora’s Executive Management Team consists of the following members:

• Pekka Tennilä, CEO

• Kirsi Lehtola, CHRO (until December 2023)

• Johanna Sundén, CHRO (from December 2023)

• Janne Halttunen, SVP, Wine

• Mikkel Pilemand, CGO

• Kirsi Puntila, SVP, Spirits

• Sigmund Toth, CFO

• Hannu Tuominen, SVP, Industrial (until 31 December 2023)

• Risto Gaggl, SVP, Industrial (from 1 January 2024)

Risto Gaggl’s CV and photo can be found as attachments to this stock exchange release.

Anora Group Plc

Further information: Pekka Tennilä, CEO

Contacts: Petra Gräsbeck, Corporate Communications, tel. +358 40 767 0867

Distribution: Nasdaq Helsinki Ltd Principal media www.anora.com