25 November 2022

Purmo Group Plc, stock exchange release, 25 November 2022 at 3.00 p.m. EET

Matts Rosenberg has been appointed interim CFO of Purmo Group Plc, effective as of 1 January 2023. He will report to CEO John Peter Leesi. Mr. Rosenberg will act as interim CFO until the permanent role has been filled. Current CFO Erik Hedin will assume the role of Chief Operating Officer of Purmo Group from 1 January 2023.

Mr. Rosenberg is currently Vice Chairman of the Board of Directors, Chairman of the Mergers & Acquisitions Committee and member of the Audit Committee of Purmo Group. During the interim CFO role, he will not participate as a member in Audit Committee meetings. He is also CEO of Rettig Group, a significant shareholder of Purmo Group.

“We welcome Matts to the important transition role of interim CFO. Matts has a deep understanding of Purmo Group, having served on the company’s Board of Directors since 2016, and is well-suited to lead the finance function and activities based on his experience. We also want to thank Erik Hedin for his contribution as a Group CFO since 2020. The transfer of CFO responsibilities to Matts will now support Erik to take the next, important step inside the company to focus on Purmo Group’s global operations and ‘Accelerate PG’, the strategy acceleration programme, full time,” says CEO of Purmo Group, John Peter Leesi.

Further information:

Katariina Kataja, Head of Investor Relations, Purmo Group Plc

Tel. +358 40 527 1427

About Purmo Group:

Purmo Group is a leader in sustainable indoor climate comfort solutions in Europe. We provide complete heating and cooling solutions to residential and non-residential buildings, including radiators, underfloor heating, heat pumps, towel warmers, valves and controls. Our mission is to be the global leader in sustainable indoor climate comfort solutions. Our 3,500 employees operate in 24 countries, manufacturing and distributing top quality products and solutions to our customers in more than 100 countries globally. Purmo Group’s shares are listed on Nasdaq Helsinki with a ticker symbol PURMO. More information: