Exel Composites Oyj - Other information disclosed according to the rules of the Exchange

Composition of Exel Composites Plc’s Nomination Board

EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE    5 October 2017 at 13:00 EET
According to the resolution of Exel Composites’ Annual General Meeting held on 4
April 2017, the company’s shareholders’ Nomination Board consists of the
representatives of the four largest shareholders and of the Chairman of the
Board of Directors, acting as an expert member. The largest shareholders
entitled to appoint members to the Nomination Board were determined on the basis
of the registered holdings in the company’s shareholder register held by
Euroclear Finland Oy on 30 September 2017. Shareholders who under the Finnish
Securities Markets Act have an obligation to disclose changes in their
shareholdings were taken into account when forming the Nomination Board.

The following persons have been appointed as members of Exel Composites’
Nomination Board:

  ·  Magnus Skåninger, Swedbank Robur Fonder
  ·  Claes Murander, Lannebo Fonder
  ·  Kalle Saariaho, OP Fund Management Company
  ·  Malin Björkmo, Handelsbanken Fonder

and Reima Kerttula, Chairman of the Board of Directors, Exel Composites Plc, as
an expert member.

The Nomination Board prepares the proposals concerning Board of Directors’
members and their remunerations for the following Annual General Meeting. The
Nomination Board gives its proposal to the Board of Directors of the company at
the latest by 31 January 2018.

Vantaa, 5 October 2017

Exel Composites Plc
Reima Kerttula, Chairman, Board of Directors
For further information, please contact:

Reima Kerttula, Chairman, Board of Directors
Contact through Mikko Kettunen, 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.