ROBIT PLC STOCK EXCHANGE RELEASE 7 December 2018 at 11.00 am CEO MIKA VIRTANEN TO LEAVE ROBIT Robit Plc's CEO Mika Virtanen and Robit's Board of Directors have jointly agreed that Mika Virtanen will leave the company effective immediately. The company's Board of Directors has commenced the selection process for a new CEO. CFO Ilkka Miettinen has been appointed as the company's interim CEO. The Chair of the Board of Directors Harri Sjöholm will support Robit's management fulltime until the new CEO starts in his or her position. "I would like to thank Mika on both my own behalf and on the behalf of the Board for all he has done for Robit in these challenging circumstances. We wish Mika all the best in future," says Harri Sjöholm, the Chair of Robit's Board of Directors. ROBIT PLC Harri Sjöholm, Chair of the Board of Directors Additional Information: Robit Plc Harri Sjöholm +358 400 622 092 Robit is a strongly internationalized growth company selling and servicing global customers in drilling consumables for applications in mining, construction and contracting, tunneling and well drilling. The company's offering is divided into three product and service range: Top Hammer and Down-the-Hole products as well as Digital Services. Robit has 17 own sales and service points as well as active sales networks in 115 countries. The manufacturing units are located in Finland, South Korea, Australia, UK and USA. Robit's shares are listed on NASDAQ Helsinki Ltd. Further information is available at www.robitgroup.com. Distribution: Nasdaq Helsinki Ltd Key media www.robitgroup.com []