Investors

Corporate governance

Board of directors

Antti Villanen

Chairman of the board SINCE 2022

Antti Villanen has held leading positions in international growth companies for 20 years and has been Chairman of the Board of Arctic Blue Beverages Oy since 2020.

Board member of Nitro Games Plc, 360Visualizer Oy, Pint Please Global Oy, Hoikka Consulting Oy, Venture Gym Oy and Sähköjänis Oy.

Shareholding: Antti’s holding amounts to 54,000 shares privately and 81,000 warrants within the framework of the Company’s Incentive Program 2022/2025.

Independent in relation to

a. The Company and the Company
management: NO

b. The company’s major shareholders: YES

Gustaf Björnberg

Member of the boarD SINCE 2022

Gustaf Björnberg has an MB.Sc in finance and business administration from Hanken School of Economics and has experience as a board member mainly in the paper and forest product industry. Previous assignments consist of business development with a focus on budgeting, business planning, international business, mergers and acquisitions. Gustaf has been a board member of Arctic Blue Beverages Oy since 2020.

Board member of Grizzly Hill Capital Ab, Finnpulp Oy, Oy Hifk-Hockey Ab, Colombier Group N.V, Projekti GH Oy, Nordic Biotech Group Oy.

Shareholding: Gustaf’s holding amounts to 1,822,200 shares through companies.

Independent in relation to

a. The Company and the Company
management: YES

b. The company’s major shareholders: NO

Petri Heino

Member of the board SINCE 2022

Petri Heino has many years of experience as a board member and sits on the boards of over 30 companies. Petri has been active as a board member of Arctic Blue Beverages Oy since 2019. Petri has also been active as CEO of a family-owned company since the mid-1990s.

Board member of more than 30 companies, including OL Invest oy, E-leipomo Oy, Storeverse Oy, Fiberdom Oy, Heino Group Oy, Ipa Group Oy, Kalavapriiki Oy and more.

Shareholding: Petri’s holding amounts to 1,822,200 shares through companies.

Independent in relation to

a. The Company and the Company
management: YES

b. The company’s major shareholders: NO

Tuomas Kukkonen

Member of the board SINCE 2022

Tuomas Kukkonen has a bachelor’s degree in economics from the City University of London and has worked as an entrepreneur for 20 years, mainly in the food industry. Thomas has been a board member of Arctic Blue Beverages Oy since 2020. Between 2002 and 2019, Thomas was also CEO of Kaslink Foods Oy.

Chairman of the Board and CEO of Finnish Food Factory Oy and Avenatur Oy and Chairman of the Board of Boss Capital Oy.


Shareholding: Tuomas does not own any shares in the Company.

Independent in relation to

a. The Company and the Company
management: YES

b. The company’s major shareholders: NO

Ilari Schouwvlieger

Member of the board SINCE 2022

Ilari Schouwvlieger has been an entrepreneur since the beginning of the 1990s with a special focus on the construction industry. Ilari has been a board member of Arctic Blue Beverages Oy since 2020 and also sits on most of the boards of companies he has co-founded.

Chairman of the Board of AALTO Construction Oy, AALTO Asuntorakennus Oy, AALTO Development Oy, Munkkiniemi Group Oy and Northern Hideaways Oy. Board member of AALTO Development Inc. and Redkik Oy.

Shareholding: Ilaris’ holding amounts to 775,500 shares privately.

Independent in relation to

a. The Company and the Company
management: YES

b. The company’s major shareholders: YES

Johan Biehl

Member of the board SINCE 2022

Johan Biehl has a bachelor’s degree in finance and business administration from Stockholm University and has previous experience as sales manager. Johan is also active as a board member in both listed and unlisted environments.

Chairman of the board of Nitro Games Oy and Biehl Invest AB and board member of Feat Invest AB and Zwipe AS.

Shareholding: Johan’s holding amounts to 121,050 shares privately.

Independent in relation to

a. The Company and the Company
management: YES

b. The company’s major shareholders: YES

Katri Teller

Member of the Board SINCE 2022

Katri Teller has a bachelor’s degree in entrepreneurship and management from Estonian Business School. Katri has over 16 years of experience from having worked in the beverage industry with responsibility for the Baltics and Nordic countries, including as a consultant and employee for Campari since 2016.

Board member of Podcast OÜ, Nordic Beverages OÜ, Finestone OÜ and Interego OÜ.

Shareholding: Katri does not own any shares in the Company.

Independent in relation to

a. The Company and the Company
management: YES

b. The company’s major shareholders: YES