BOARD OF DIRECTORS

Ari Tiukkanen, born in 1961 in Finland, has been the Chairman of the Board of Directors since April 2023. He joined the Company in 2015 and previously served as Deputy CEO. He has over 30 years of management experience across the industrial and technology sectors, including leadership roles at Metsä Wood, Icare Finland / Revenio Group, Paloheimo Group, Finnforest, and Halton Group. He holds a BSc in Engineering from Jyväskylä University of Applied Sciences, earned in 1986.

Ari Tiukkanen is not independent of the Company and is independent of the significant shareholders. Information on Board shareholdings is available in the Major Shareholders section.

Mika Ståhlberg, born in 1969 in Finland, has been a member of the Board of Directors since May 2025. He is a Partner at Krogerus Attorneys Ltd, where he has worked since 1997. He currently serves in the firm’s M&A practice and has previously held roles as Chairman of the Board and Head of M&A. Since 2022, he has also served as Chairman of the Board and a member of the Audit Committee of Lamor Corporation Oyj, an environmental solutions company listed on Nasdaq Helsinki’s main list. He holds a Master of Laws degree from the University of Helsinki and is internationally recognized in all major legal directories as a leading Finnish expert in corporate and M&A law.

Mika Ståhlberg is independent of the Company and its significant shareholders. Information on Board shareholdings is available in the Major Shareholders section.

Marion Khüny, born in 1969 and an Austrian citizen, has been a member of the Board of Directors since April 2024. She has over 30 years of experience in senior financial and leadership roles across commercial and investment banking, as well as portfolio management. She has deep expertise in supervisory board governance and risk management and currently serves on the boards of several institutions in the banking and financial services sector, with active roles in audit, risk, and IT committees. She holds a Diploma in International Business Administration from the Leopold-Franzens-Universität in Austria.

Marion Khüny is independent of the Company and its significant shareholders. Information on Board shareholdings is available in the Major Shareholders section.

Jorma Jokela, born in 1979 in Finland, is the founder of Multitude. He studied accounting at the Commercial College of Kuopio and the Helsinki Business College and later earned an Executive MBA from IMD Business School in Lausanne, Switzerland.

Jorma began his entrepreneurial journey by founding Jokela Capital Oy in Helsinki, where he served as CEO from 1998 to 2000 before selling the business in 2004. In 2005, he founded Multitude, serving as its CEO and a member of the Board of Directors for nearly two decades. Under his leadership, Multitude has grown from a startup to a global fintech company.

On 1 January 2025, Jokela transitioned from his role as CEO to focus full-time on strategic initiatives within the Group’s subsidiaries. His work includes high-impact projects, partnerships, acquisitions, and mentoring key talent. Jokela continues to serve on the Board of Directors for both Multitude Group and Multitude Bank p.l.c., playing a vital role in steering the company’s vision and growth. He is also a board member of JT Capital Limited, Jokela Capital OÜ, and Jokela Capital Oy.

Jorma Jokela is not independent of the Company and not independent of the significant shareholders. Information on Board shareholdings is available in the Major Shareholders section.

Lea Liigus, born 1972 in Estonia, is Chief Legal and Compliance Officer of Multitude Group. She joined Multitude in 2016 and has been a member of the Board of Directors since then. She has a background in commercial, financial, and EU law, and prior to joining the Company, she worked as an attorney-at-law at Sorainen in Estonia and lectured in Commercial and EU Law at the Estonian Business School. She holds a law degree from the University of Tartu and an LL.M. in Contract and Commercial Law from the University of Helsinki.

Lea Liigus is not independent of the Company and is independent of the significant shareholders. Information on Board shareholdings is available in the Major Shareholders section.