Exel Composites Oyj - Major shareholder announcements

Exel Composites Plc: Announcement regarding change in shareholdings

EXEL COMPOSITES PLC          STOCK EXCHANGE RELEASE          12 MAY 2017 at
15:00 EET
Exel Composites Plc has on 12 May 2017 received a disclosure under Chapter 9,
Section 5 of the Finnish Securities Markets Act according to which the holding
of SEB Investment Management AB has fallen below 5% of the voting rights and
share capital in Exel Composites Plc.

Through share transactions concluded on 11 May 2017, the total holding of SEB
Investment Management AB amounts to 392,000 shares representing 3,29% of the
shares and voting rights of the Company.

Exel Composites has a total of 11,896,843 shares. There is only one class of
shares, each share entitling one vote.

Vantaa, 12 May 2017

Exel Composites Plc

Mikko Kettunen
CFO
For further information, please contact:

Mikko Kettunen, CFO
tel. +358 50 347 7462
mikko.kettunen@exelcomposites.com

Distribution

Nasdaq Helsinki Ltd
Main news media
www.exelcomposites.com
Exel Composites in brief

Exel Composites (www.exelcomposites.com) is a leading composite technology
company that designs, manufactures and markets composite products and solutions
for demanding applications. Exel Composites provides superior customer
experience through continuous innovation, world-class operations and long-term
partnerships.

The core of the operations is based on own, internally developed composite
technology, product range based on it and strong market position in selected
segments with a strong quality and brand image. Profitable growth is pursued by
a relentless search for new applications and development in co-operation with
customers. The personnel’s expertise and high level of technology play a major
role in Exel Composites’ operations. Exel Composites Plc share is listed in
Nasdaq Helsinki Ltd.