Exel Composites Oyj - Changes board/management/auditors

Exel Composites’ Group Management Team reinforced – Tiina Hiltunen appointed SVP Human Resources

EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE                   19.5.2014 at
9.00 a.m. 

Exel Composites' Group Management Team reinforced - Tiina Hiltunen appointed
SVP Human Resources 

Mrs. Tiina Hiltunen, 47, has been appointed Senior Vice President Human
Resources and member of Exel Composites Plc's Group Management Team as of 1
August 2014. She holds an M.Sc. in Economics and Business Administration. 

Mrs. Hiltunen has wide experience from Human Resources and Management functions
from industrial, service and HR management companies. Her latest position was
Regional HR Manager, Finland and Eastern Europe in Yara Suomi Oy. Prior to that
she worked amongst other things with Foster Wheeler Global Power Group, Ami
Foundation and MPS Enterprises Ltd. 

“The appointment of Tiina Hiltunen will strengthen Exel Composites' Group
Management Team, and support the company to boost profitable growth strategy by
investing in people, core competence development and talent management. Her
wide experience from HR and finance positions in global companies will be a
true asset building the company to the next level”, Mr. Riku Kytömäki,
President and CEO of Exel Composites, says. 



Vantaa, 19 May 2014



EXEL COMPOSITES PLC

Riku Kytömäki
President and CEO



FURTHER INFORMATION:
Riku Kytömäki, President and CEO, tel. +358 50 511 8288, or email
riku.kytomaki@exelcomposites.com 
Ilkka Silvanto, CFO and Administrative Director, tel. +358 50 598 9553, or
email ilkka.silvanto@exelcomposites.com 

DISTRIBUTION
NASDAQ OMX Helsinki Ltd.
Main news media
www.exelcomposites.com

EXEL COMPOSITES IN BRIEF
Exel Composites (www.exelcomposites.com) is a technology company which designs,
manufactures and markets composite profiles and tubes for industrial
applications. The Group is the leading composite profile manufacturer in the
world and concentrates on growing niche segments. 

The core of the operations is based on own, internally developed composite
technology, product range based on it and a 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 the Small Cap segment of NASDAQ OMX
Helsinki Ltd.