Announcement • Jun 16
Eagle Filters Group Oyj Announces CEO Changes Eagle Filters Group Oyj announced that the Board of Directors appointed B.Eng. & MBA Sami Huusari (born 1972) as CEO. Huusari will join the company from outside the organization and will commence his duties in accordance with his agreement on August 24, 2026. Jarkko Joki-Tokola will continue as Acting CEO of Eagle Filters Group until Sami Huusari commences his position, after which Joki-Tokola will continue his active role within the Board of Directors of Eagle Filters Group. Sami Huusari has served as Division manager, Operative management, Carpenter Co., 2023-2026; Operations Manager, Recticel, 2019-2023; Plant Manager, Evonik Finland, 2014-2019. Huusari holds an MBA in International Business Management from South-Eastern Finland University of Applied Sciences, 2022, and a B.Eng. in Industrial Engineering and Management from Kotka Polytechnics, 1997. Announcement • Jun 11
Eagle Filters Group Oyj Appoints Daniel Lähde as Chief Financial Officer, Effective June 10, 2026 Eagle Filters Group Oyj has appointed M.Sc. (Econ. & Bus. Adm.) Daniel Lähde (born 1991) as Chief Financial Officer. He will take up his position starting 10 June 2026. Lähde has broad experience in financial management and a wide range of financial and business management skills. Lähde has worked in financial management functions at Eagle Filters Group since 2021 and currently serves as Group Controller. Prior to joining Eagle Filters Group, he worked in auditing at KPMG, most recently as an Authorized Public Accountant (KHT). Lähde holds a Master's degree in Economics and Business Administration. New Risk • Jun 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-€343k). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risks Revenue is less than US$5m (€3.1m revenue, or US$3.6m). Market cap is less than US$100m (€19.5m market cap, or US$22.5m). 
