Decisions of the organisational meeting of Harvia Plc’s Board of Directors

STOCK EXCHANGE RELEASE

20 April 2023 at 3.00 p.m. EEST

Olli Liitola was elected Chair and Heiner Olbrich Vice Chair of the Board of Directors at the Board of Directors’ organising meeting that took place today after Harvia Plc’s Annual General Meeting.

Board of Directors elected from among its members Hille Korhonen (Chair), Anders Holmén and Heiner Olbrich as members of the Audit Committee.

Independence of the members of the Board of Directors

The Board of Directors assessed the independence of its members in accordance with the Finnish Corporate Governance Code 2020 for listed companies. All members of the Board of Directors are independent of the company and its major shareholders.

HARVIA PLC

For further information

Olli Liitola, Chairman of the Board of Directors, tel.  040

Distribution:

Nasdaq Helsinki Oy

Main media

Harvia in short

Harvia is one of the leading companies operating in the sauna and spa market globally, as measured by revenue. Harvia’s brands and product portfolio are well known in the market, and the company’s comprehensive product portfolio strives to meet the needs of the international sauna and spa market of both private and professional customers.

Harvia’s revenue totaled EUR 172.4 million in 2022. Harvia Group employs more than 600 professionals in Finland, China and Hong Kong, Romania, Austria, United States, Germany and Estonia. The company is headquartered in Muurame, Finland, adjacent to its largest sauna and sauna component manufacturing facility.

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