ESPOO, Finland — Huhtamaki Shareholders’ Nomination Board has confirmed its composition for the coming term, with representatives from the company’s largest shareholders joining the body responsible for preparing board-related proposals for future shareholder meetings.

The newly confirmed board will be chaired by Susanna Pettersson, appointed by the Finnish Cultural Foundation. Other members include Markus Aho, appointed by Varma Mutual Pension Insurance Company; Esko Torsti, appointed by Ilmarinen Mutual Pension Insurance Company; and Jonna Ryhänen, appointed by Elo Mutual Pension Insurance Company.

Pekka Vauramo, Chair of the Board of Directors of Huhtamäki Oyj, will serve as an expert member on the Nomination Board.

Preparing Board Proposals

Under the company’s governance structure, each of the four largest shareholders has the right to appoint one member to the Shareholders’ Nomination Board. The appointments are determined annually based on the company’s shareholder register as of May 31.

The Shareholders’ Nomination Board is responsible for preparing proposals related to the election and remuneration of members of the Board of Directors. These proposals are presented to the Annual General Meeting and, when required, Extraordinary General Meetings.

The announcement represents a routine governance update for Huhtamaki, one of the world’s largest suppliers of sustainable food and consumer packaging solutions.

With operations in 35 countries and 106 locations worldwide, the company serves foodservice, retail, beverage, and consumer goods markets. In 2025, Huhtamaki reported net sales of €4.0 billion.

As the company continues to expand its global packaging footprint, the Huhtamaki Shareholders’ Nomination Board will play a key role in preparing future board nominations and governance proposals. The development also highlights the importance of strong corporate governance within the Finland packaging industry.