Stock Exchange Release, December 15, 2025 at 13:00 EET
Tero Hemmilä, member and Vice Chair of the Board of Directors of Raisio plc, has
announced his resignation from the Board as of 1 January 2026. Hemmilä has
served as Vice Chair of the Board, Chair of the Audit Committee and a member of
the M&A Committee. His resignation is due to his appointment as the new Chair of
the Board of the Central Union of Agricultural Producers and Forest Owners
(MTK), a position he will assume on 1 January 2026.
Following Hemmilä's resignation, the Board of Directors of Raisio plc will
consist of five members.
The Board of Directors has decided on changes to the compositions of its
committees in which Tero Hemmilä has served. Leena Niemistö has been appointed
as a new member of the Audit Committee. Reija Laaksonen and Antti Elevuori will
continue as members of the Audit Committee, and Antti Elevuori has been
appointed its Chair. Pekka Tennilä has been appointed as a new member of the
Board's M&A Committee. Antti Elevuori will continue as a member of the M&A
Committee and Arto Tiitinen as its Chair. Pekka Tennilä has also been appointed
as the new Vice Chair of the Board of Directors.
The changes will take effect on 1 January 2026.
“Losing Tero Hemmilä from Raisio's Board is significant for us, but it is
equally important for the future success of Finnish agriculture and forestry
that he takes on the leadership of MTK. I want to thank Tero for the excellent
and close cooperation in his role as Vice Chair of the Board and as Chair of the
Audit Committee. His insight and experience have brought substantial value to
the company's strategy work and board activities,” says Arto Tiitinen, Chair of
the Board of Directors of Raisio plc.
“I would like to thank Raisio's shareholders for the opportunity to contribute
to the company's development as a member of the Board. I also wish to thank my
fellow Board members and the company's management for the good cooperation, and
I wish Raisio all the best for the future,” says Tero Hemmilä.
Raisio plc, Board of Directors
Enquiries:
Arto Tiitinen, Chair of the Board of Directors of Raisio plc, tel. +358400566875
RAISIO PLC
At Raisio, we make delicious food that promotes healthier eating. We make a
healthier and happier world around us by innovating and winning the hearts of
our consumers. We do not work alone; instead, we rely on our cooperation
networks at every stage. Our strong brands, such as Benecol® and Elovena®, turn
our ambitions into reality. We make the choice easy for consumers: we ensure
that our products are responsible from different perspectives, so that consumers
can choose our products with confidence. We have around 350 healthy food
colleagues in seven countries and export to more than 40 markets around the
world. Raisio's shares are listed on Nasdaq Helsinki Ltd. In 2024, the Group's
comparable net sales for continuing operations were EUR 226.8 million and the
comparable EBIT was EUR 23.4 million. www.raisio.com