Nokian Tyres plc Stock Exchange Release February 4, 2025, at 12:30 p.m. EET

Nokian Tyres is making changes to the Management Team to increase consumer focus, global synergies and operational excellence. New members joining the Management Team are Tommi Alhola (Passenger Car Tyres, Central Europe) and Lauri Halme (Passenger Car Tyres, North America). The new Management Team will take effect as of March 1, 2025.

"To shape the future of our company, we are reorganizing our operations to create a more customer-centric organization while strengthening our central functions," says Paolo Pompei, President and CEO of Nokian Tyres.

While maintaining its leading position in the Nordics, Nokian Tyres' strategic growth markets are in Central Europe and North America.

"The new Management Team structure will enable a dedicated focus on these growth regions to achieve our long-term objectives. The investments made in recent years will enable us to adopt a local-for-local business model, with dedicated manufacturing facilities closer to our customers and consumers."

"Our clear target is to achieve global synergies and operational excellence in everything we do. As part of this, we will reorganize all manufacturing facilities under one leadership and combine Marketing and Communications in one strategic global function," Pompei continues.  

Nokian Tyres' Management Team as of March 1, 2025:

Paolo Pompei, President and CEO
Niko Haavisto, CFO
Tommi Alhola, SVP, Passenger Car Tyres, Central Europe
Elisa Erkkilä, SVP, Legal and Compliance, General Counsel
Lauri Halme, SVP, Passenger Car Tyres, North America
Adrian Kaczmarczyk, SVP, Operations
Jukka Kasi, SVP, Products and Innovations
Päivi Leskinen, SVP, Human Resources
Manu Salmi, EVP, Heavy Tyres; SVP, Manufacturing (interim) 

Päivi Antola, SVP, Communications, Investor Relations and Brand, is leaving Nokian Tyres to join another company. A search for SVP, Marketing and Communications is in progress.

CVs of the Management Team members can be found: company.nokiantyres.com/investors/corporate-governance/group-management-team/

For further information and interview requests:
media@nokinatyres.com or tel. +358 10 401 7361
investors@nokiantyres.com

Nokian Tyres' purpose is to make the world safer by reinventing tires, and how they are made, over and over again - a safer place to drive, work and live now and for generations to come. Inspired by our northern heritage, we develop and manufacture premium tires for passenger cars, trucks and heavy machinery with sustainability at the heart of all our operations. Our Vianor chain provides tire and car services. We are some 3,400 people with net sales of EUR 1.2 billion in 2023, and together we lead the journey to smarter driving for people and for businesses. Nokian Tyres is listed on Nasdaq Helsinki. Further information: company.nokiantyres.com