Reka Industrial Plc: Managing Director Jukka Poutanen joined Nexans Group

26.4.2023 16:58:00 EEST | Reka Industrial Oyj | Changes board/management/auditors

26.4.2023 16:58:00 EET | Reka Industrial Plc | Changes board/management/auditors

Reka Industrial Plc: Managing Director Jukka Poutanen joined Nexans Group

Jukka Poutanen, the Managing Director of the company and Reka Cables Ltd, continues as the Managing Director of Reka Cables Ltd and has therefore joined Nexans Group following the completion of the sale of Reka Cables Ltd.

Jukka Poutanen has developed the business systematically, sustainably and diversely. Reka Cables has developed products for renewable energy solutions and at the same time has transformed to be more environmental friendly and energy efficient in its own production. The satisfaction of the customers and personnel has grown and the profitability of the whole Reka Industrial Group has clearly improved.

Jukka Poutanen was appointed as Managing Director of the company and subsidiary Reka Cables Ltd in August 2019. In the appointment stock release the Chairman of the Board, Markku E. Rentto, stated: "The Board of Directors believes Jukka Poutanen to be the right person to both speed up the development of the company towards sustainable and profitable growth and to increase the shareholder value according to our strategy". Jukka Poutanen has exceeded the expectations of the Board.

Hyvinkää, 26 April 2023

Reka Industrial Plc

The Board of Directors

Additional information:

Markku E. Rentto, Chairman of the Board of Directors, tel. +358 40 500 1858

Contacts

• Markku E. Rentto, Chairman of the Board, +358 40 500 1858, [email protected]

About Reka Industrial Oyj

Reka Industrial is involved in the transition of both the energy and transport industries. As an industrial family company, we are committed to developing the performance and sustainability of the companies we own. The market is growing and we along with it. Reka Industrial class B shares are listed on the Nasdaq Helsinki Ltd.