Stock Exchange Release

Free for publication on May 17, 2021 at 9.00 a.m. (CEST+1)

Change in Bittium Corporation’s Management Group

Mr. Sammy Loitto, Senior Vice President, Sales and a member of Bittium Corporation’s Management Group, has announced, that he will transfer to another company. Mr. Loitto has acted as Senior Vice President, Sales at Bittium for three years, and successfully developed Bittium’s sales and sales management processes, environment, and systems during his career.

In the future, Bittium will divide its sales management and development in the Company’s three product and service areas, which are Defense & Security, Medical Technologies and Connectivity Solutions. Dividing sales into product and service areas in this context enables even stronger sales management and development. After the change, Bittium will have product and service area specific sales management, which will report to the heads of the product and service areas in their positions. As a result, sales development can be better targeted to the needs of each product and service areas. The changes will take effect on June 1, 2021.

”I want to take this opportunity and thank Sammy for the past years at Bittium. Under his leadership, the company has taken sales development in an increasingly international direction, expanding its international sales network in line with its strategy. As the company's product and service areas grow and develop in line with the strategy, an increasingly business-specific focus is needed on sales and the development of the distribution network. For this reason, the company has decided to move to a business-specific organization in sales management”, says Bittium’s CEO Hannu Huttunen.

As of June 1, 2021 Bittium Corporation’s management group consists of the following persons: Mr. Hannu Huttunen, CEO (Chairman); Mr. Pekka Kunnari, CFO; Mr. Kari Jokela, CLO; Mrs. Karoliina Malmi, Vice President Communications and Marketing; Mr. Arto Pietilä, Senior Vice President Medical Technologies; Mr. Jari Sankala, Senior Vice President Defense & Security; Mr. Tommi Kangas, Senior Vice President Connectivity Solutions; and Mr. Jari-Pekka Innanen, Vice President, Engineering.

Oulu, May 17, 2021

Hannu Huttunen
CEO

Further information:

Karoliina Malmi
Vice President, Communications and Marketing
Tel. +358 40 344 2789

Distribution

Nasdaq Helsinki Oy
Main media

Bittium

Bittium specializes in the development of reliable, secure communications and connectivity solutions leveraging its over 35-year legacy of expertise in advanced radio communication technologies. Bittium provides innovative products and services, customized solutions based on its product platforms and R&D services. Complementing its communications and connectivity solutions, Bittium offers proven information security solutions for mobile devices and portable computers. Bittium also provides healthcare technology products and services for biosignal measuring in the areas of cardiology, neurology, rehabilitation, occupational health and sports medicine. Net sales in 2020 were EUR 78.4 million and operating profit was EUR 2.1 million. Bittium is listed on Nasdaq Helsinki. www.bittium.com

Files
Change in Bittium Corporation's Management Group (wkr0006.pdf)