Change in the Composition of Ahlstrom’s Board of Directors

Jyrki Vainionpää has been appointed as a member of Ahlstrom’s Board of Directors as of December 11, 2023. Jyrki, who is independent of the company and non-independent of its significant shareholders, also assumes the role of President and CEO of A. Ahlström Corporation as of December 11. Lasse Heinonen, who left the position as President and CEO of A. Ahlström Corporation, on December 8, leaves his position as a member of Ahlstrom’s Board of Directors.

Jyrki is also a board member in Terrafame, a company that supplies responsibly produced chemicals to the global battery industry. He was most recently CEO of Finnish transport company Koiviston Auto, which is a portfolio company of CapMan, a Nordic private asset management and investment company. He has previously been CEO of Adven, a company producing industrial energy solutions, and deputy CEO, COO, and CFO of Vapo, a developer and supplier of bioenergy. He has also worked at Nokia, Dresdner Kleinwort, and McKinsey, and he has a broad experience of strategy and M&A.

Jyrki is a Finnish citizen and has a Master of Science degree in Economics, and he is a Chartered Financial Analyst (CFA).

“I’m happy to welcome Jyrki to Ahlstrom’s Board. Jyrki’s background in strategy and leading companies in different sectors will bring valuable insight and perspective as Ahlstrom moves forward on its growth transformation journey. I wish to thank Lasse for his work and dedication on Ahlstrom’s Board during the past five years,” says Ivano Sessa, Chairman of the Board.

About Ahlstrom

Ahlstrom is a global leader in combining fibers into sustainable specialty materials. Our purpose is to Purify and Protect, with Every Fiber, for a Sustainable World. Our vision is to be the Preferred Sustainable Specialty Materials Company for all our stakeholders. We serve five growing and distinctive end markets, which form the basis for our five divisions: Filtration, Food & Consumer Packaging, Healthcare, Building Materials, and Technical Materials. Our net sales in 2022 for continuing operations amounted to EUR 3.3 billion and we employ some 7,000 people. Read more at www.ahlstrom.com

Contact:

Katja Ollila – Vice President, Group Marketing and Communications – katja.ollila@ahlstrom.com – +358 44 517 0891

Source: Ahlstrom-Munksjo Oyj