ROBIT PLC CHANGES ITS CEO ROBIT PLC COMPANY RELEASE 17

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News Desk 2018
ROBIT PLC CHANGES ITS CEO

ROBIT PLC COMPANY RELEASE 17 DECEMBER 2015 AT 11.00 A.M.

ROBIT PLC CHANGES ITS CEO

Robit Plc's present CEO Jussi Rautiainen has made a long 11 years' successful growth period in the company. He will take a step to new tasks and will focus on planning and execution of Robit Plc's future structural growth.

Rautiainen states that after a long period of a strong growth, he wanted to take an initiative to the job rotation. As a listed company Robit Plc can now direct itself to a significant growth also structurally.

As a new CEO will start Mikko Mattila (38), M.Sc. (Eng.) from 2nd January 2016. Mr. Mattila is presently working in the organization and has made a long, 15 years' career in Robit Plc. He has been i.a. responsible for the take-over and integration of the South Korean acquisition acting in South Korea. Lately, Mr. Mattila has served the company as a CEO for the Finnish manufacturing company and as a Group Executive VP. Mr. Mattila has also over 10 years' experience in international sales management of the company.

With this rotation Robit Plc aims to even stronger global growth.

Chairman Harri Sjöholm thanks Rautiainen for the excellent managing of the company and for the exceptional successful growth. During Rautiainen's period company's net sales has grown to seven fold and expanded from a local actor to an international one. Sjöholm wishes also best possible success to the new CEO Mattila in his future tasks.

Mikko Mattila's CV

Mikko Mattila

Born 1977

M.Sc. Engineering and Hanken MBA

CEO as of 2 January 2016

Finnish citizen

Mikko Mattila currently acts as Robit Plc's Group Executive VP responsible for global manufacturing, sourcing and offering.

Relevant previous experience

2011-2013: Robit Korea Ltd, CEO

2010-2011: Robit, VP Ground Drilling

2009: Robit, Marketing manager and Leader of the research and development function

2005-2008: Robit, VP Sales and Marketing

2001-2004: Robit, Product Manager and Sales Manager

ROBIT PLC

Board of Directors

Further information:

Robit Plc

Harri Sjöholm, Chairman

+358 400 622 092

harri.sjoholm@robit.fi

Certified Advisor

Skandinaviska Enskilda Banken AB (publ) Helsinki Branch

Tel. +358 9 616 28 101

Robit develops, manufactures, supplies and services drilling consumables for applications in tunnelling, geothermal heating and cooling, construction, and mining industries. The Company's products can be divided into top hammer drilling consumables used for rock drilling and DTH (down-the-hole) drilling consumables used for ground drilling. The Company has sales companies in Finland, South Korea, the United States, Russia, South Africa and Peru as well as a sales office in China as well as distribution network with approximately 160 distributors. Robit's products are sold to over 100 countries. The Company has production in Finland and South Korea.

Distribution:

NASDAQ OMX Helsinki

Key media

www.robit.fi

HUG#1974353

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