Changes to Glaston’s Group structure and Executive Management Group

As of 1 January 2020, Glaston Corporation has three business areas: Glaston Heat Treatment Technologies, Glaston Insulating Glass Technologies and Glaston Automotive & Emerging Technologies. The business areas also form the company’s three reporting segments in which Services are included.

Machine and Services sales, order intake and order book will also be reported separately as additional information. Glaston will publish comparable numbers for the new segments before the publication of the first quarter 2020 interim report.

GLASTON CORPORATION’S EXECUTIVE MANAGEMENT GROUP AS OF 1 JANUARY 2020

In connection to the organizational change, appointments have been made to the Executive Management Group which as of 1 January constitutes of:

Arto Metsänen, President & CEO

Sasu Koivumäki, COO, Sales & Integration

Päivi Lindqvist, CFO

Juha Liettyä, SVP Glaston Heat Treatment Technologies

Dietmar Walz, SVP Glaston Insulating Glass Technologies

Robert Prange, SVP Glaston Automotive and Emerging Technologies

Artturi Mäki, SVP Services

Taina Tirkkonen, General Counsel and SVP Human Resources

At the beginning of 2020, the rebranding of Bystronic glass has started with the target to terminate its use by the end of 2020. The brand will be merged into the Company brand Glaston. In connection to the acquisition announcement in 2019, Glaston communicated its right to use the Bystronic glass brand for a limited time period.