Composition of Betolar Plc's Shareholders' Nomination Board

Betolar Plc
Company Release 
25 September 2026 at 7:00 p.m. EEST 

Composition of Betolar Plc’s Shareholders’ Nomination Board

The Shareholders’ Nomination Board of Betolar Plc consists of four members. The right to appoint shareholder representatives belongs to the four shareholders holding the largest number of votes of all shares in the Company on the first business day of August preceding the Annual General Meeting. In addition, the Chairperson of the Board of Directors serves as an expert member of the Nomination Board.

The representative of the largest shareholder shall be selected as the Chairperson of the Nomination Board, unless the Nomination Board decides otherwise.

The composition of the Shareholders’ Nomination Board of Betolar was determined based on holdings on 3 August 2026. The following members have been nominated to Betolar’s Shareholders’ Nomination Board:

• Alexander Ehrnrooth, Chairperson of the Shareholders’ Nomination Board, representing shareholder Nidoco AB
• Juha Leppänen, shareholder
• Olli-Pekka Kallasvuo, representing shareholder Ajanta Innovations Oy
• Karoliina Lindroos, representing shareholder Ilmarinen Mutual Pension Insurance Company

In addition, Anders Dahlblom, Chairperson of the Board of Betolar serves as an expert member of the Nomination Board.

The purpose of the Nomination Board is to annually prepare and present proposals on the composition and remuneration of the Board of Director to the Annual General Meeting, and to an Extraordinary General Meeting, when necessary. In addition, the Nomination Board’s duties include identifying successor candidates for the Board Members and preparing the Board of Directors’ diversity principles.

The Nomination Board will give its proposal to the Company’s Board of Directors for the 2027 Annual General Meeting no later than January 31, 2027.

Betolar Plc

Further enquiries:

Vibeke Krohn, CEO & President, Betolar Plc, vibeke.krohn@betolar.com, +47 936 34491

Certified Advisor:

Aktia Alexander Corporate Finance Oy, tel. +358 50520 4098

About Betolar Plc

Betolar is a circular economy and materials technology company. Founded in 2016, the company is headquartered in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market Finland (ticker: BETOLAR) and its shares are also traded on the OTCQX International market in the United States (ticker: BTLRF). For more information www.betolar.com.