Inside information: Elli Siltala appointed as CEO of Raisio plc

Raisio plc, Stock Exchange Release, Inside information on August 7, 2026 at 8:30 EET

The Board of Directors of Raisio plc has appointed Elli Siltala, M.Sc. (Econ.), as the new Chief Executive Officer of Raisio plc. She will assume the position on 1 September 2026. Siltala joins Raisio from SOK , where she has served as Chief Loyalty and Media Officer and as a member of the Group Executive Team. SOK is the Central Finnish Cooperative Society for the S Group cooperatives.

Elli Siltala has more than 25 years of experience in the international food and retail industries as well as in senior business leadership roles. Prior to SOK, she held several senior positions in business management, sales, marketing and international business at the dairy and food company Valio, and was also a member of the Group Executive Team.

Chairman of the Board of Directors, Arto Tiitinen:

"Elli Siltala brings significant expertise to Raisio. She has a strong track record in strategic leadership, building profitable growth and developing international business. In addition, she has extensive experience in working across the Finnish food value chain from farm to table. Raisio has solid foundations in place, and under Elli Siltala’s leadership our ambition is to grow the company through both organic growth and acquisitions. I am convinced that she has all the capabilities needed to lead Raisio into its next phase of development. At the same time, I would like to thank Pasi Flinkman for his determined and committed contribution to Raisio."

Elli Siltala:

"I am grateful for the confidence shown by the Board of Directors and truly excited to take on this role. Raisio has exceptionally strong foundations for building international growth through its well-known brands, strong balance sheet and highly skilled people. Together with our employees, customers and the Board of Directors, I want to build an even stronger international company focused on wellbeing and healthier food. My first priority will be to listen, learn and build a shared understanding of how we can create long-term value for our shareholders, customers and employees."

On 21 May 2026, Raisio announced that Pasi Flinkman, who has been leading the Raisio Group as CEO since June 2024, had decided to leave the company. He will continue as CEO until 1 September 2026.

Raisio plc
Board of Directors

Further information:
Arto Tiitinen, Chairman of the Board of Directors, Raisio plc, tel. +358400566 875

Attachments: Elli Siltala’s CV and photo

Raisio plc
Raisio’s beloved brands make life more fulfilling for millions of people across Europe. We make food that combines delicious taste and convenience with scientifically proven health benefits in a way that gets people hooked on good habits. Our strong brands, such as Benecol® and Elovena®, turn our ambitions into reality. We stay hungry for growth and we aim to be distinctly more inventive than others. We have around 350 professionals focused on healthy food in six countries and export to more than 40 markets around the world. Raisio's shares are listed on Nasdaq Helsinki Ltd. In 2025, the Group’s comparable net sales for continuing operations were EUR 224.2 million and the comparable EBIT was EUR 28.5 million. www.raisio.com