Exel Composites applies the legal provisions applying to the management of insiders, as well as the Guidelines for Insiders approved by NASDAQ OMX Helsinki Ltd. for public listed companies, and the stipulations and guidelines of the Finnish Financial Supervision Authority.

 

Exel Composites' statutory insiders include the members of the Group Management Team, Communications Manager, Executive Assistant, Chief Accountant, Group Controller, Controller and other separately designated persons. Insider status of a person is declared with the attached form by the signing of which the person gives his/her consent to being an insider. Insider register is maintained by the insider registrar.

 

Permanent insiders may not trade in securities issued by the Company 14 days prior to the publication of interim reports and financial statement bulletins.

 

Permanent insiders and insiders by definition are to discuss trading with the President and CEO of the Company prior to trading to avoid any unwanted consequences.