Constitutive meeting of the Board of Directors of Cramo Plc

Cramo Plc    Stock Exchange Release 28 March 2018, at 6.15 pm Finnish time (EET)

Constitutive meeting of the Board of Directors of Cramo Plc

Convening after the Annual General Meeting on 28 March 2018, the Board of Directors of Cramo Plc elected Veli-Matti Reinikkala as Chairman and Perttu Louhiluoto as Deputy Chairman.

The Board of Directors of Cramo Plc resolved to establish a new board committee called M&A Committee, the purpose of which is to support the management on potential M&A activities and development and implementation of the strategy work of the company.

The Board appointed the following members to the Committees:

Audit Committee:

Joakim Rubin, Chairman
AnnaCarin Grandin
Perttu Louhiluoto
Caroline Sundewall

Remuneration Committee:

Veli-Matti Reinikkala, Chairman
Peter Nilsson
Raimo Seppänen

M&A Committee:

Veli-Matti Reinikkala, Chairman
Joakim Rubin
Perttu Louhiluoto

CRAMO PLC

Leif Gustafsson
President and CEO

Further information:

Mr Leif Gustafsson, President and CEO, tel: +358 10 661 10, email: leif.gustafsson@cramo.com

Distribution:

Nasdaq Helsinki Ltd.
Principal media
www.cramogroup.com

Cramo is Europe’s second largest rental services company specialising in construction machinery and equipment rental and rental-related services as well as the rental of modular space. Cramo operates in about 300 depots in fourteen countries. With a group staff around 2,500, Cramo's consolidated sales in 2017 was EUR 729.5 million. Cramo shares are listed on Nasdaq Helsinki Ltd.

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