Panostaja Oyj - Company Announcement

CHANGES IN PANOSTAJA OYJ’S SENIOR MANAGEMENT TEAM

Panostaja Oyj        Stock Exchange Bulletin  August 19, 2015, 9:00 am

CHANGES IN PANOSTAJA OYJ'S SENIOR MANAGEMENT TEAM

Panostaja Oyj's CFO Simo Mustila (M.Sc. (Econ.), MBA) will move on to other
duties outside the Group. Mustila will be available to the company until
October 31, 2015. Mustila will continue on the Boards of Directors of some
business segments of Panostaja Group. 

In future, Panostaja Oyj's Executive Vice President Tapio Tommila (M.Sc.
(Econ.), eMBA) will be in charge of the duties of Panostaja's CFO. For now,
Tommila will also take care of the duties of Investment Director along with his
position. 

“We thank Simo for his excellent work in developing the operations of Panostaja
Group, and we wish him success in new challenges,” says CEO Juha Sarsama. 



Panostaja Oyj
Juha Sarsama
CEO



Further information:

CEO
Juha Sarsama
Panostaja Oyj
040 774 2099



Panostaja is an investment company developing Finnish SMEs in the role of an
active majority shareholder. The company aims to be the most sought-after
partner for business owners selling their companies as well as for the best
managers and investors. 

Together with its partners, Panostaja increases the Group's shareholder value
and creates Finnish success stories. After the Flexim transaction, Panostaja
operates in eight business segments, and Panostaja Group employs some 1,300
staff. Panostaja's shares (PNA1V) are quoted on the NASDAQ OMX Helsinki Stock
Exchange. In the 2014 financial period, the Group's official net sales totaled
MEUR 154.8.