HONKARAKENNE STRENGTHENS ITS EXECUTIVE GROUP AND D

HONKARAKENNE OYJ Stock Exchange Release 5 April 2017 at 6:30 p.m.         

HONKARAKENNE STRENGTHENS ITS EXECUTIVE GROUP AND DEFINES AREAS OF RESPONSIBILITIES OF EXECUTIVE GROUP MEMBERS

Honkarakenne strengthens its executive group and appoints three new members to the executive group as of 6 April 2017.

Honkarakenne’s Financial Controller Leena Aalto (50) has been appointed as Honkarakenne Group’s Vice President – Finance, CFO and member of the executive group as of 6 April 2017. Aalto has been working as Group’s Financial Controller since year 2012 and her area of responsibility has been financial accounting of the Group. In her new position Aalto is responsible for finance and human resource functions.

Honkarakenne’s Production Manager Jari Fröberg (48) has been appointed as Vice President – Production and member of the executive group as of 6 April 2017. Fröberg has been working as Group’s Production Manager since 2016 and his area of responsibility has been production in Karstula Mill. In his new position Fröberg will be responsible for production, purchases and logistics.

Jari Noppa (58) has been appointed as Vice President – Consumer Business, Finland and member of the executive group as of 6 April 2017. Honkarakenne and Noppa cooperation started late 2015 targeting in the growth of Finnish consumer business and in improving profitability. In his new position Noppa will be responsible for Finnish consumer business, the development and profitability of it. Finnish consumer business includes holiday, detached houses and construction services product categories.

Vice President – Design Tanja Rytkönen (45) will continue as a member of the executive group being responsible for design, collections, layouts and R&D. In addition, Rytkönen is responsible for public construction such as building of healthy day care centers, schools and care facilities.

Marko Saarelainen, President and CEO:

”The driving force of the new Honka is passion to create better living environment for our customers in form of healthy living. I believe that passionate working and belief in better living crystallizes in this executive group both in personal level as well as in know-how.”

Honkarakenne’s executive group as of 6 April 2017:

Marko Saarelainen      President, CEO – Sales & Marketing

Leena Aalto            Vice President – Finance, CFO – finance and

                                        HR

Jari Fröberg           Vice President – Production – production,

                                        purchases, logistics

Jari Noppa             Vice President – Consumer Business, Finland

Tanja Rytkönen         Vice President – Design – collection, design

                                        and R&D and public

                                        construction

HONKARAKENNE OYJ

Marko Saarelainen

President and CEO

FOR FURTHER INFORMATION, PLEASE CONTACT:

Marko Saarelainen, President and CEO, tel. +358 40 542 0254, marko.saarelainen@honka.com

DISTRIBUTION

NASDAQ OMX Helsinki Oy

Key media

Financial Supervisory Authority

www.honka.com