Change in executive management group

OKMETIC OYJ            STOCK EXCHANGE RELEASE             5 JULY 2016   AT 11.00 A.M.

CHANGE IN EXECUTIVE MANAGEMENT GROUP

Tapio Hyvärinen, M.Sc. (Econ.), has been appointed acting CFO and a member of Okmetic's Executive Management Group as of 15 August 2016. Hyvärinen (born. 1960) has served Okmetic since 1997.

Juha Jaatinen, Okmetic's Senior Vice President, Finance, IT and Communications and member of the Executive Management Group has resigned to assume a new position with another company.  Okmetic thanks Mr. Jaatinen for his excellent contribution for the company and its success.

OKMETIC OYJ

Kai Seikku
President

For further information, please contact:

Kai Seikku, President
Tel. +358 9 5028 0232, e-mail: kai.seikku@okmetic.com

Okmetic supplies tailored, high value-added silicon wafers to be used in the manufacture of sensors as well as discrete semiconductors and analog circuits. Okmetic's strategic objective is profitable growth driven by a product portfolio designed to meet customers' current and future technology needs. The core of the company's operations is being genuinely close to the customers and understanding their needs and processes.

Okmetic's global sales network, extensive portfolio of high value-added products, in-depth knowledge of crystal growing, long-term product development projects, as well as efficient and flexible production create prerequisites for achieving the strategic targets. The company's headquarters is located in Finland, where the majority of the company's silicon wafers is manufactured. In addition to in-house manufacture, Okmetic has contract manufacturing in Japan and China. Okmetic's shares are listed on Nasdaq Helsinki Ltd under the code OKM1V. For more information on the company, please visit our website at www.okmetic.com.