President and CEO

Mika Saariaho is President and CEO of Raute Corporation since October 1, 2022.

Raute Corporation's Board of Directors appoints the President and CEO and confirms the terms of his or her employment. The Board of Directors evaluates the President and CEO's work annually.

Raute Corporation's President and CEO also acts as the Group's President and and as Chairman of the Group's Executive Board. The President and CEO represents the Group at the shareholders' meetings of subsidiaries and associates, and acts as Chairman of the subsidiaries' Boards of Directors, unless the Board decides otherwise in individual cases.

Mr. Mika Saariaho, Doctor of Science (Technology) is Raute Corporation’s President and CEO as of October 1, 2022. He was appointed Raute’s President and CEO on May 24, 2022. He joined Raute from Metso Outotec Corporation where he held the position of Senior Vice President, with responsibility for the crusher wears business.

Remuneration to the President and CEO is described in the section Remuneration and in the published Remuneration report.

Year 2022

Mr. Tapani Kiiski was President and CEO of Raute Corporation until April 30, 2022. Petri Strengell, M.Sc. (Eng.), Chief Operating Officer (COO) of the company, was interim President and CEO during the period of May 1, 2022-September 30, 2022.

Remuneration has been paid to Raute's CEO during 2022 as follows: Tapani Kiiski EUR 568 thousand as salary and severance payment, and as salary for interim CEO Petri Strengell EUR 138 thousand, and Mika Saariaho EUR 78 thousand. In total EUR 784 thousand was paid to the CEO in 2022.