
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

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