Independent of the company and independent of larger shareholders.

Eero Auranne has worked as the CEO of Empower Oyj during 2012-2017, as the President of Energy Division and member of the group’s management team in Swedish ÅF AB during 2006-2012 and as the CEO of Enprima Oy during 2003-2005. Previously Auranne has worked approximately 20 years for Fortum group and its predecessor Imatran Voima Oy in various positions. At the moment Auranne is also member of the Board of Directors in Dekati Oy.

Independent of the company and independent of larger shareholders.

Feodor Aminoff has worked as CEO of Cleantech Invest Oyj in 2013-2014. Before this he has worked as the CEO of Please User Experience Design Oy during 2005–2009, in Sanitec Oy’s IDO-group management group with responsibility for development of information management and business processes during 2000–2009 and as project manager at KCI Konecranes Oyj during 1994–1999. In addition, Feodor Aminoff has worked among other things as deputy member and member of the Board in Veho Group Oy since 1996 and as founding member on the Board of Finnish Business Angels Network (FIBAN) during 2010–2012.

Independent of the company and independent of larger shareholders.

Mikael Lemström has made a long career in Fortum group in various positions, in addition to Finland also in Thailand and Poland. At the moment Lemström works as the Vice President, Heating and Cooling at Fortum’s City Solutions Division.

Independent of the company and independent of larger shareholders.

Ari Virtanen works at the moment as the CEO of Advion Group Oy and Solidior Oy. Virtanen has previously worked, inter alia, as temporary COO of Proxion Solutions Oy during 2017-2018, the CEO of Takoma Oyj during 2012-2014, the CEO of Högfors Oy during 2007-2009, the CEO and Chairman of the Board of Estonian AS Finmecin during 2004-2007, the sales manager of Kalmar Industries Oy Ab during 1999-2004 and in various positions in Tamrock group during 1986-1997. At the moment Virtanen is also a member of the Board of Directors in Kesla Oyj and Proxion Oy.

Independent of the company and independent of larger shareholders.
Repo is the CEO of Repo Media Oy 2016-. Prior to that, he was the editor-in-chief of Arvopaperi 1998–2016. Board member of Ovaro Asuntorahasto/Ovaro Kiinteistösijoitus Oyj 2017-, Chairman of the Board of Taikina Capital Oy 2017–2021, Board member of Elina Ahlbäck Literary Agency Oy 2009-, Board member of Helsinki Bourse Club ry 2017-, Senior advisor of Directors’ Institute Finland ry 2019-, Board member of Badminton Finland ry 2020-, Board member of Finnish Business Angels Network (FiBAN) ry 2022-.

Jari Varjotie is the Managing Director of Savosolar since 20 November 2010 and has over 30 years of experience as an industrialist. Before working at Savosolar, Jari Varjotie worked at Winwind Oy during 2007–2010. During his time there he worked as the COO and the Managing Director for Europe. He also worked in various top management positions at Perlos Corporation during 2000–2007, lastly as the COO. During 1989–2000 Jari Varjotie worked at Valmet Corporation among others as Manufacturing Manager, Materials Manager, Factory Manager and Vice President.

The task of the Managing Director is to manage and develop Savosolar's business operations in accordance with the Finnish Limited Liability Companies Act and the instructions and directives by the Board of Directors. The Managing Director may undertake measures that are unusual and wide-ranging with a view to the company's scope and nature of operations only by the authorization by the Board of Directors. The Managing Director is responsible for the compliance of the company's accounting with the law, and the reliable organization of its asset management. The Managing Director is also responsible for financial planning and controlling the implementation of significant operational decisions. The Managing Director prepares matters for the meetings of the Board of Directors and reports to the Board of Directors.

Founder and long-term CTO of Savosolar, appointed as Director, Senior Advisor on August 2018. In this role he will have wide authority to advise and support different functions and operations of the company. Kaj Pischow has 35 years of experience in development of new technologies and is a coating technologies expert. Before founding Savosolar, Kaj Pischow was a major shareholder and technical director during 1998–2010 at Savcor Face Group Oy, Surfcoat Oy and Savcor Coatings Oy which all produced vacuum coatings for Nokia mobile phones. During 1971–1995 Kaj Pischow worked as a researcher at the State Research Center VTT, Riihimäen Lasi Oy, the Technical University of Helsinki and as a private entrepreneur. Among other things, he was the first one to bring research in nanotechnology to Finland.

Pekka Karjalainen joined Savosolar in January 2016 and joined the Management Team in December of the same year.
He has worked as a plant manager since February 2021 and before that for more than five years as a quality engineer and quality manager.
Previously, Pekka has worked as a designer at e.g. ABB Oy.

Raul Ikonen is the leader of Savosolar’s Chinese operations. He started in this role in May 2019 after being the CFO at Savosolar. He is an experienced financial management and business development professional, who has worked e.g. in KPMG and in several country units of UPM. He was 12 years at UPM (China) Ltd. in Shanghai, where his latest position was Vice President of Finance. Raul has wide experience in different finance management positions and tasks from operative reporting to strategic matters.

Torben Frederiksen re-joined Savosolar in 2018 after being from autumn 2016 the CTO at Falck Schmidt Defence Systems A/S. Between 2014 and 2016 Torben was working for Savosolar developing the large area collector and managing our three first large solar thermal system delivery projects in Denmark as project manager. Before that he worked as Head of R&D at Sunmark A/S, an international Danish large scale solar thermal system supplier and before that several years for Danfoss A/S in various product development and leadership positions. Torben is located in Denmark.

CFO for Savosolar since April 2019. Heikki has worked in the field of finance since 1996 with previous positions at Cultor Oyj, Rettig Ab, Exel Composites Oyj and last seven years as CFO of Serres Group Oy. His key areas of strength are operative financial management, transformation and growth management, business driven process and ICT development as well as strategy work and strategy implementation.

Savosolar has appointed Antti Lilleberg as the Company's Vice President, sales and marketing, and as a member of the management team as of 1 June 2020.

Antti Lilleberg has extensive experience in international sales and marketing management and development positions as well as technology and management consulting. Lilleberg joined Savosolar from Ariterm Service Oy, where he was the director responsible for sales and marketing. His previous experience includes Volter Oy, Rejlers-group, Sartorius-group, and Biohit Oyj.

Martti Jalava has been Savosolar's Chief Operating Officer since 1 January 2020. Prior to that, he has served as Director of Operations Development for approximately 1.5 years. He has more than 25 years of experience in diverse management positions in the international manufacturing industry. Prior to Savosolar, Jalava has worked in management positions at numerous different companies, such as Imatra Steel Oy, Fiskars Oyj, Fibox Oy, and has worked as a rental manager in companies such as Konecranes Oyj and AP&T Ab. Jalava has also advised companies such as Outokumpu Oyj, Stora Enso Oyj and Perlos Oyj on operational matters.