Ecublens, Switzerland (Maillefer) – With the company’s Chief Executive Officer, Mr. Pentti Hätälä, having reached the age of 65, the Maillefer Board of Directors is pleased to announce key changes within its board and management team. On December 17th 2009, the Directors chose to elect Mr. Hätälä to the active position of Chairman of the Board of the Maillefer Group. Consequently on the same date, Mr. Peter Roos was promoted to CEO. The changes took effect on January 1, 2010. Mr. Hätälä leaves his executive position after more than 30 years serving the plastics and wire & cable industries. He joined Nokia Machinery in Finland over 20 years ago and moved up the company’s ranks. He became Maillefer’s CEO in 2001. In his new role as Chairman of the Board, he will continue to offer his valuable input in steering the company forward. As Maillefer’s current CEO, Mr. Roos benefits from over 20 years of experience in the European automotive industry, including several years in key management positions. He joined Maillefer over a year ago as operations officer and has worked closely with Mr. Hätälä during that same period. By combining stable continuation and fresh experiences in the new management organization, Maillefer is well prepared to further develop its leading role in providing manufacturing systems to the world’s wire & cable and tube & pipe industries.

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