Mandatum plc, Stock exchange release, 20 August 2026 at 5.30 p.m. EEST
Altor Invest 8 AS (“Altor”) has sold all shares it held in Mandatum plc on 17 August 2026. In accordance with the Charter of Mandatum’s Shareholders’ Nomination Board, if a shareholder who has appointed a member to the Nomination Board ceases to hold any shares in the company during the term of office of the Nomination Board, the member appointed by that shareholder to the Nomination Board must resign, without the Nomination Board having the discretion to decide otherwise. Altor’s representative, Øistein Widding, has today, 20 August 2026, notified that he is resigning from his membership of the Nomination Board.
The composition of Mandatum plc’s Nomination Board is therefore as follows:
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Risto Murto, President and CEO, Varma Mutual Pension Insurance Company (appointed by Varma Mutual Pension Insurance Company)
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Esko Torsti, Chief Investment Officer, Ilmarinen Mutual Pension Insurance Company (appointed by Ilmarinen Mutual Pension Insurance Company)
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Patrick Lapveteläinen, Chair of the Board of Directors of Mandatum plc, serves in an expert role as the third member of the Nomination Board
The term of office of the current Nomination Board ends on 31 August 2026, and the new Nomination Board will be appointed thereafter. The new composition of the Nomination Board will be published later by stock exchange release.
Additional information:
Lotta Borgström
VP, Investor Relations
Tel. +358 50 022 1027
lotta.borgstrom[a]mandatum.fi
Niina Riihelä
SVP, Communications, Brand and Sustainability
Tel. +358 40 728 1548
niina.riihela[a]mandatum.fi
Mandatum in brief
Mandatum is a major financial services provider, combining expertise in asset and wealth management and life insurance. Clients include institutional investors, companies and private individuals. Mandatum offers a broad range of services encompassing asset and wealth management, compensation and rewards, supplementary pensions and personal risk insurance. Skilled personnel, a strong brand and a proven investment track record are at the centre of Mandatum’s success. The company has been listed on Nasdaq Helsinki since 2023. mandatum.fi/en/group/
Distribution:
Nasdaq Helsinki
Financial Supervisory Authority
Key media
www.mandatum.fi
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