Joakim Helenius, the Chairman of the Supervisory Board and co-controlling shareholder of AS Nordic Fibreboard, has informed the Company of his decision to step down from the Supervisory Board. The Company will call for an Extraordinary General Meeting of the shareholders as soon as legally possible in order to formally accept the resignation of Joakim Helenius and to accept the appointment of his replacement as Supervisory Board member. The Company will propose to appoint Rando Tomingas as a new Supervisory Board member.

Rando Tomingas has obtained his Bachelor´s and Master´s degree (cum laude) in finance from Tallinn University of Technology and has worked in the Trigon Capital group since 2014.