Tikkurila Oyj - Changes board/management/auditors

Tikkurila Oyj's President and CEO Erkki Järvinen to leave the company

Tikkurila Oyj
Stock Exchange Release
September 21, 2017 at 9:45 a.m. (CET+1)

Tikkurila Oyj's President and CEO Erkki Järvinen to leave the company

Tikkurila Oyj's Board of Directors has decided that Erkki Järvinen will leave
his position as the President and CEO of the company. Tikkurila's Board of
Directors has appointed CFO Jukka Havia as Tikkurila's interim President and CEO
starting from September 21, 2017. Järvinen will leave the company during
September. The Board of Directors has started a recruitment process for a new
President and CEO.

"I warmly thank Tikkurila's personnel, customers and business partners for the
good cooperation during challenging years. Tikkurila is a fine company. I
strongly believe that the company is able to return to the profitable growth
track," says Erkki Järvinen.

"Tikkurila's Board thanks Erkki Järvinen for the nine-year period at Tikkurila,
including the process of listing the company to Helsinki Stock Exchange. The
company has encountered significant changes in its main markets, especially in
the east, and hence emphasis has been on managing external change factors," says
Jari Paasikivi, Chairman of the Board.


Tikkurila Oyj
Board of Directors


For further information, please contact:

Jari Paasikivi, Chairman of the Board of Directors
Mobile +358 500 530 375


Tikkurila is the leading paints and coatings professional in the Nordic region
and Russia. With our roots in Finland, we now operate in 14 countries. Our high-
quality products and extensive services ensure the best possible user experience
in the market. Sustainable beauty since 1862.

www.tikkurilagroup.com





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