ROBIT PLC RENEWS ITS OPERATING MODEL - CEO MOVES TO NORTH AMERICA

ROBIT PLC COMPANY RELEASE 25 NOVEMBER 2016 AT 11.00 A.M.

ROBIT PLC RENEWS ITS OPERATING MODEL - CEO MOVES TO NORTH AMERICA

Robit Plc is moving from its present structure of eight regions to four strong regions in its sales operations. Through this renewal, the four regions will become even more powerful entities with greater independence, aiming especially at further growth and at strengthening the company's market share in their regions.

These four regions will be responsible for their customer and sales based operations and their further development. This new market region structure emphasizes Robit Plc's will to take the decision-making closer to the customers and the importance of the sales organization in the company's future growth.

The persons in charge of these four regions from 1 January 2017 will be:

• North and South America: Mikko Mattila

• Australia and Asia: Rowan Melrose

• CIS countries and Eastern Europe: Jorma Juntunen

• EMEA: Tuomo Niskanen, in addition to his current duties for the time being

Mikko Mattila will move closer to the market interface and will take charge of North and South America's market as well as the region's operations and further development. Details of Mattila's move to the region will be announced later. Robit Plc regards North and South America as one of the company's most significant targets for development and growth over the next three years. So the company is investing its best possible resource in order to achieve this target. Due to this, Mattila is stepping down from the position of Group CEO on 31 December 2016.

Harri Sjöholm, Chairman of Robit Plc, will take over the duties of Group CEO on 1 January 2017 until the appointment of a new Group CEO.

Robit Plc's competitiveness and product development will remain the responsibility of the three strategic business units, and the persons in charge of these SBUs are:

• Top Hammer products: Tuomo Niskanen

• Down-the-Hole products: Olli Kuismanen

• Digital Services: Rowan Melrose

With these development procedures and structural changes Robit Plc's Board aims to:

• move the company's decision-making closer to customers and markets

• simplify and clarify the company's structure and at the same time prepare the company for further growth

• further accelerate decision-making

• create clear units with profit and loss responsibility

• create better and faster conditions for renewal, development and further growth

ROBIT PLC

Board of Directors

Further information:
Robit Plc

Harri Sjöholm, Chairman
+358 400 622 092
harri.sjoholm@robit.fi

Certified Advisor
Skandinaviska Enskilda Banken AB (publ) Helsinki Branch
Tel. +358 9 6162 8101

Robit is a Finnish company selling and servicing global customers in drilling consumables for applications in the tunneling, geothermal heating and cooling, construction, and mining industries. The company's business is divided into the Top Hammer, Down-the-Hole and Digital Services business units. Robit has 17 own offices and active sales networks in 115 countries and production in Finland, South Korea, Australia and UK. The company is listed on Nasdaq Helsinki Ltd's First North Finland marketplace with the trading code ROBIT. For more information, see www.robit.fi.

Distribution:

Nasdaq Helsinki Ltd
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www.robit.fi