Changes in Raisio Group’s Executive Committee

Raisio plc, Stock Exchange Release, August 4, 2021 at 9.00 am EET

The composition and responsibilities of Raisio plc’s Executive Committee are
changed to support the implementation of the updated strategy announced in early
June. Raisio’s strategy is built on three focus areas: Benecol® products and
plant stanol ester solutions, plant-based food as well as oat-based consumer
products and oats as an industrial raw material. The ability to compete in these
partly new areas and markets also requires changes in the way we operate. Our
goal is to flatten the organisation and share responsibility more widely.
Raisio’s values – Courage, Fairness and Drive – will be increasingly reflected
in our culture.

The work of the Executive Committee will be reorganised and there will be two
new members. The changes are effective from 4 August 2021.

Annika Boström-Kumlin and Mikko Lindqvist have been appointed as new members of
the Executive Committee.

M.Sc. (Econ. and Business Admin) Annika Boström-Kumlin, 44, has been appointed
as Raisio Group’s Chief Business Officer. She will be responsible for the
marketing of plant-based food and grain-based products and for Raisio Group’s
communications. Boström-Kumlin has long experience in marketing and business in
the food sector, for example at Unilever, Vaasan, Stockmann and Verso Food,
which became part of the Raisio Group through the acquisition made in early
April.

M.Sc. (Econ. and Business Admin) Mikko Lindqvist, 42, has been appointed as
Raisio Group’s Chief Business Officer. He will be responsible for the Group’s
research and product development, innovation activities and Benecol® marketing.
Lindqvist has extensive experience in marketing and business management in the
food industry at Fazer and Raisio. Lindqvist has been Raisio’s Marketing
Director since September 2019.

Responsibilities of Raisio Group’s Executive Committee members are available on
the company’s website:

https://www.raisio.com/en/about-us/organization-and-management/ceo-and-executive
-committee/

In Raisio, August 4, 2021
Raisio plc
Board of Directors

Further information:

Pekka Kuusniemi, CEO, tel. +358 50 537 3883
pekka.kuusniemi@raisio.com

RAISIO PLC
Raisio’s purpose is to make food which is good for Health, Heart and Earth. Our
growth drivers and focus areas are Benecol® and plant stanol ester solutions,
plant based foods, branded oat products for consumers and oat as raw material
for industry. Our strong brands include for example, Benecol®, Beanit®,
Elovena®, Sunnuntai®, Torino® and Benella®. In our products the focus is on well
-being, health, good taste and responsibility. Raisio's values − courage,
fairness and drive − guide us towards our targets. Raisio’s shares are listed on
Nasdaq Helsinki Ltd. In 2020, the Group’s net sales totaled EUR 234 million and
EBIT was EUR 28 million. Raisio employs about 380 people. www.raisio.com.