NYAB has appointed Petri Kotkansalo as Country Manager Finland and member of the Executive Management Team. He will assume his position no later than March 2, 2026.

Petri Kotkansalo has extensive experience from senior roles in the Finnish construction and infrastructure sector, where he has successfully driven growth and profitability. He most recently served as Operational Director at VRP Rakennuspalvelut. During his more than 20 years in the sector, he has held several senior executive positions in infrastructure, including Managing Director of Terrawise and GRK, and Senior Vice President at Lemminkäinen. Petri holds an M.Sc. in Civil Engineering and a Licentiate of Technology from the University of Technology in Espoo.

In connection with the appointment, Mikael Ritola, Chief Operating Officer, will hand over the responsibility for the Finnish operations to Petri, to focus on his Group-wide role as COO.

"We welcome Petri to NYAB's Executive Management Team. Under Mikael's leadership, our Finnish operations have developed steadily and today stand on a strong foundation. As we now enter the next phase as a company, we have the best conditions to continue our development, where Petri's leadership will be central to taking the next step in Finland. At the same time, NYAB as a whole is strengthened as Mikael can focus on his Group-wide role as COO," says Johan Larsson, CEO of NYAB.

"NYAB has established a strong position in Finland and is a growing player in the Nordics. I very much look forward to, together with the organization, further developing the Finnish operations, driving growth with a focus on profitability and thereby contributing to the Group's development. With growing demand across our market segments, we have very good conditions to further strengthen our market position," says Petri Kotkansalo, incoming Country Manager Finland at NYAB.

NYAB's Executive Management Team thereby consists of:

• Johan Larsson, Chief Executive Officer
• Klas Rewelj, Chief Financial Officer
• Mikael Ritola, Chief Operating Officer
• Magnus Granljung, Senior Vice President, Sweden
• Erik Petersen, Vice President of Corporate Affairs
• Mårten Beijar, HR Director
• Anders Berg, Head of Business Development
• Arve Jensen, Head of Dovre
• Petri Kotkansalo, Country Manager Finland (assumes position no later than 2 March 2026)

Contact
Johan Larsson, CEO, NYAB AB, johan.larsson@nyabgroup.com, +46 (0)70 182 50 70

NYAB's Certified Adviser is Augment Partners AB, info@augment.se, +46 (0)8 604 22 55.

This information was submitted for publication at 08:30 CEST on 1 September 2025.

About NYAB
NYAB enables the progress of society for future generations with extensive experience from complex and challenging projects. We provide engineering, construction and maintenance services in infrastructure, industrial construction and energy. Our main markets are Sweden, Finland, and Norway. We have approximately 1100 employees, and our share is listed on Nasdaq First North Premier Growth Market Sweden. The group is headquartered in Luleå, Sweden.