Raisio plc, Stock Exchange Release, inside information on March 15, 2024 at 8:30 EET

Raisio plc's Board of Directors has appointed Pasi Flinkman, M.Sc. (Econ), as the new Chief Executive Officer of the company. Flinkman will start as CEO of Raisio plc on June 15, 2024. He joins Raisio from Orkla Finland where he has been working as the CEO.

Chairman of the Board of Directors of Raisio, Arto Tiitinen: "Pasi Flinkman has strong experience in the food industry and he has also gained international experience by working in China, in the Netherlands and Baltics. Flinkman brings significant expertise to Raisio and he has generated growth, developed his team and delivered strong financial results. Raisio has good shareholders and employees and foundation ready for further growth. One of his most important tasks in Raisio will be to generate business growth. I'm confident that Pasi has all the prerequisites to lead Raisio forward. I would also like to thank Pekka Kuusniemi for his dedicated work for Raisio during the years."

"Raisio is a fascinating combination of roots deep in Finnish fields, great capacity to renew and strong expertise. Raisio has shown courage by making big investments, expanding internationally and innovating with open mind. I look forward to join this great team", says incoming CEO Pasi Flinkman.

On February 14, 2024 Raisio announced that Pekka Kuusniemi who has been leading the Raisio Group as CEO since November 2017 has decided to leave the company and will continue as CEO until June 15th, 2024.

Raisio plc

Board of Directors

Further information:

Arto Tiitinen, Chairman of the Board of Directors, Raisio plc, tel. +358400566 875

Attachments: Pasi Flinkman's CV and photo

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RAISIO OYJ
At Raisio, we make food from the heart, with the aim of bringing health to ourselves and the Earth. We keep creating better plant-based and heart-healthy products so that eating healthily and within the Earth's ecological capacity can be a pleasure. Our strong brands, such as Benecol®, Härkis® and Elovena®, turn our ambitions into reality. Through our responsibility work, we make the hard choices for consumers, so that they can choose Raisio 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 2023, the Group's comparable net sales for continuing operations were EUR 219.5million and the comparable EBIT was EUR 22.7 million. www.raisio.com