Therese Cedercreutz elected as Chairman of the Board for EAB Group Plc

EAB Group Plc, Stock Exchange Release, 18 September 2019, 9:00 a.m. (EET)

Therese Cedercreutz elected as Chairman of the Board for EAB Group Plc

The Board of Directors of EAB Group Plc (EAB, Company) has in its meeting today 18 September 2019 elected Therese Cedercreutz (born 1969) as Chairman of the Board. Cedercreutz has been a member of the Board since spring 2019. She has more than 25 years of international experience in business development, strategy, sales and marketing. Cedercreutz has assisted several successful Finnish public companies in their strategy work and business development. She is the founder and CEO of We Are Inc Ltd.

In addition to being Chairman of Board of EAB, Cedercreutz has been a member of the Board for Tokmanni Group Plc and HappyorNot Ltd since 2016. Cedercreutz holds a Master of Science in Business Administration.

”After moving to the main list of the Helsinki Stock Exchange, EAB is in a very interesting phase, and I believe that the company can succeed even better by focusing in responsible investing and product development related to that. I have gotten familiar with the company during this year and I’m sure I can help the company in its’ next development phase using my experience from strategy work and choosing what to focus on”, says Chairman of the Board Therese Cedercreutz.

Long-term Chairman Kari Juurakko will, in addition to continuing as Board member, serve as Senior Advisor and concentrate on M&A transactions for clients as well as for the company.

”I have served as Chairman of the Board since Elite was established 18 years ago. The company, that I was involved in creating, has now transferred to the main list of the Helsinki Stock Exchange, and this is the right time to hand over the chair to Therese Cedercreutz, who is a talented, experienced visionary and a professional in strategy as well as in board work”, says Board member Kari Juurakko.

The Board of the company also decided to change the composition of the Audit Committee. The committee will consist of Therese Cedercreutz (Chairman), Kari Juurakko and Pasi Kohmo.

EAB GROUP PLC

Board of Directors

Further information:

EAB Group Plc

Daniel Pasternack, CEO
+358 50 569 3416
daniel.pasternack@eabgroup.fi

Therese Cedercreutz, Chairman of the Board
+358 40 544 2502
therese.cedercreutz@weareinc.fi

EAB Group offers versatile and high-quality saving, investment and asset management services for private investors, institutions and professional investors. The Group's parent company EAB Group Plc’s share is listed on the Nasdaq Helsinki stock exchange. EAB Group uses the name Elite Alfred Berg as its marketing name. The Group companies include EAB Asset Management Ltd offering asset management activities, and EAB Fund Management Ltd acting as a fund company and authorised alternative investment fund manager. The Groups’ customer base consists of individuals and corporations that are served nationwide in 13 different locations. The Group employs more than 100 investment professionals, and over 20 tied agents provide its services. On behalf of its clients, the Group manages assets of over EUR 3 billion in total. Check out EAB Group’s services at www.eabgroup.fi.

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