Bittium Oyj - Changes board/management/auditors

Change in Bittium Corporation's Management Group

Bittium Corporation
Changes on board/management/auditors

Change in Bittium Corporation's Management Group

Bittium Corporation, Stock Exchange Release, June 5, 2024, at 6.15 pm (CEST+1)

Antti Näykki, Vice President, Group Business Development, and member of Bittium
Corporations management group, has decided to leave the company and continue his
career outside of Bittium. In addition to the role of Vice President, Group
Business Development, Näykki has been responsible for the management of the
group's research activities, supply chains and quality, as well as human
resources and information management. The company has started to evaluate
rearrangement options for organizing the responsibilities of the functions in
the future. Näykki will continue to work for the company to support the
transition of the tasks and responsibilities, however, no later than until
September 4, 2024.

“I would like to thank Antti Näykki for his contribution to Bittium over the
years and wish him good luck and success in his career in the future. As a Vice
President, Group Business Development, Antti has had an important role in
advancing Bittium's future profitable growth strategy and also earlier in the
development of Medical Business Segment,” says Johan Westermarck, CEO of Bittium
Corporation.

As of September 5, 2024, Bittium Corporation's management group includes
following persons: CEO Johan Westermarck (Chairman), CFO Petri Hiljanen, CLO
Kari Jokela, Vice President Communications and Sustainability Karoliina Malmi,
and the heads of Business Segments: Tommi Kangas, Senior Vice President, Defense
& Security Business Segment, Jari Inget, Vice President, Engineering Services
Business Segment, and Laura Kauppinen, Senior Vice President, Medical Business
Segment.

Oulu, Finland, June 5, 2024


Johan Westermarck
CEO


Further information:

Johan Westermarck
CEO
Tel. +358 40 344 2789 (group communications)


Distribution

Nasdaq Helsinki Oy
Main media


Bittium

Bittium specializes in the development of reliable, secure communications and
connectivity solutions leveraging its over 35-year legacy of expertise in
advanced radio communication technologies. Bittium provides innovative products
and services, customized solutions based on its product platforms and R&D
services. Complementing its communications and connectivity solutions, Bittium
offers proven information security solutions for mobile devices and portable
computers. Bittium also provides healthcare technology products and services for
biosignal measuring in the areas of cardiology and neurophysiology. Net sales in
2023 were EUR 75.2 million and operating loss was EUR -4.3 million. Bittium is
listed on Nasdaq Helsinki. www.bittium.com

Attachments:

06056267.pdf