Martela Oyj - Other information disclosed according to the rules of the Exchange

MARTELA CORPORATION'S BOARD OF DIRECTORS' ORGANIZATIONAL MEETING

MARTELA CORPORATION     STOCK EXCHANGE RELEASE     March 15, 2017 at 10:30 a.m.

The Board of Directors elected by Martela Corporation's Annual General Meeting
had its first meeting after the Annual General Meeting and re-elected from
among its members Heikki Martela as the Chairman and Eero Leskinen as the Vice
Chairman of the Board. Heikki Martela was also elected as the Chairman of the
Board’s compensation committee and Kirsi Komi and Anni Vepsäläinen were elected
as the members of the compensation committee. The Board of Directors also
resolved to establish an audit committee and elected Eero Leskinen as the
Chairman of the audit committee and Eero Martela and Yrjö Närhinen as members
of the audit committee. 

The Board has evaluated the independence of its members according to the
Finnish Corporate Governance Code and determined that Kirsi Komi, Eero
Leskinen, Eero Martela, Yrjö Närhinen, Anni Vepsäläinen are independent of the
company and Kirsi Komi, Eero Leskinen, Yrjö Närhinen and Anni Vepsäläinen are
independent of the company's largest shareholders. 

In Helsinki, March 15, 2017


Martela Oyj

Board of Directors



Matti Rantaniemi

CEO


For more information, please contact
Matti Rantaniemi, CEO, tel. +358 50 465 8194



Distribution
Nasdaq  Helsinki
Main news media
www.martela.com

Attachments:

2017_1503 release.pdf