Netum Group Plc         Company announcement         1 September 2023 at 11:35 a.m. EEST

Netum Group Plc: Change in Netum Group Plc’s Management Team: Mikko Koistinen appointed as a member of the Management Team

Mikko Koistinen (34, M.Sc. Econ.), CEO of Netum Group Plc’s subsidiary Buutti Oy, has been appointed as a member of Netum Group Plc's Management Team as of 1 September 2023. In his position, Mr. Koistinen will report to CEO Matti Mujunen.

Mikko Koistinen is one of the founders of Buutti Oy, and he has served as the CEO of the company from 2018. Before founding Buutti Oy, Mr. Koistinen worked in sales and management positions in the technology industry.

On 14 July 2023, Netum Group Plc signed an agreement whereby Netum Group Plc would acquire the entire share capital of Buutti Oy. The closing date under the purchase agreement is 1 September 2023, and Buutti Oy is now a subsidiary of Netum Group Plc.

For additional information, please contact:

Netum Group Plc
Matti Mujunen, CEO
+358 40 047 6401
matti.mujunen@netum.fi

Certified advisor:

Evli Oyj
+358 40 579 6210

Netum Group in brief

Netum is a strongly and profitably growing IT service partner that builds a functional and secure digital society. We help our customers develop their digital business by designing and implementing sustainable digital solutions tailored to their needs – wisely and responsibly. Netum employs more than 400 people, and the company's revenue in 2022 was EUR 29.1 million. Netum Group Plc's shares are listed on Nasdaq Helsinki First North (NETUM). www.netum.fi/