CEO and the Executive Team

Chief Executive Officer The CEO is responsible for the day-to-day management of the Company in line with the Board of Directors’ guidelines and instructions. The CEO is responsible for Asiakastieto’s day-to-day administration and business planning. The CEO undertakes the execution of measures approved by the Board of Directors and oversees preparations for any measures that are strategically important. The CEO makes sure that the Company has adequate management resources and the Company’s accounting complies with legislation. He also ensures the appropriate arrangement of the Company’s administration and asset management.

Jukka Ruuska (born 1961) has served as the CEO for Asiakastieto Group Plc since 2012. CEO remuneration In 2014 the CEO received EUR 224 thousand in salaries and benefits, EUR 124 in performance based incentives paid in cash and EUR 69 thousand in pension costs based on defined contribution plans. The Group has supplementary voluntary pension plan for the CEO that is classified as defined contribution plan. The CEO will receive additional voluntary pension of EUR 8,500 per year between the age of 63 and 73. CEO Contract The CEO’s contract of service may be terminated with mutual six (6) months’ notice. Upon termination of the contract by the Company, without reasons comparable to those stipulated in the Finnish Employment Contracts Act (55/2001), the CEO shall be entitled to receive a one-off severance payment equivalent to six months’ salary in accordance with his salary rate at the time of termination of the contract. The CEO’s contract of service and the assignment as the CEO of the Company shall expire at the end of the month during which the CEO reaches 63 years of age. Where the termination of the managing director’s agreement for any reason does not coincide with the expiry of the financial year, the CEO or his estate is entitled to a share of the annual performance based bonus proportionate to the part of the financial year that has elapsed.

Jukka Ruuska

Jukka Ruuska

CEO

(born 1961) has been an Executive Team Member since 2011 and was appointed as Asiakastieto Group Plc’s CEO as of 2012. He currently serves as Board member of Affecto Oyj, Suomen Kansallisteatterin Osakeyhtiö and Nordic Morning Oyj. His previous positions also include President of Nordic Exchange Oyj, Deputy CEO at OMX Abp, Senior Partner at CapMan Oyj and Head of Corporate Planning at Elisa Corporation. He holds a LL.M. from University of Helsinki and a MBA from Helsinki University of Technology. He is a Finnish citizen.

Executive Team

Asiakastieto’s Executive Team consists of the Company’s CEO and other members appointed by the Board of Directors. The Executive Team meets one to two times per month, or as required, and supports the CEO in, for example, the preparation and execution of strategic matters, operating plans, matters of principle and any other significant matters. The Executive Team also assists the CEO in ensuring the flow of information and sound internal co-operation.

Heikki Koivula

Heikki Koivula

Deputy CEO, Business Information

(born 1974) has been an Executive Team Member since 2010. He acts as Deputy CEO and Head of Business Information services. Previously he has acted as Development Director at Asiakastieto Group and Vice President at OP Group. He holds an eMBA degree from University of Jyväskylä. He is a Finnish citizen.

Terhi Kauppi

Terhi Kauppi

CFO / Finance, HR, Legal affairs, Investor Relations

(born 1971) has been an Executive Team Member and CFO since 2015. Previously she has acted as CFO at Pontos Oy and First Hop Oy as well as in various accounting roles at Nokia Oyj and other international companies. She holds a M.Sc. (Econ.) degree from the University of Vaasa. She is a Finnish citizen.

Risto Kallio

Risto Kallio

Service Director

(born 1961) has been an Executive Team Member since 2004. He acts as Head of Service Production and has previously acted as Development Director at Asiakastieto Group. His previous positions further include Development Director at Radiolinja Ltd and Head of Information Services at Asiakastieto Group. He holds a M.Sc. (Soc. Sc.) degree from University of Turku. He is a Finnish citizen.

Mikko Karemo

Mikko Karemo

Sales and Marketing Director

(born 1971) has been an Executive Team Member since 2012. He acts as Sales and Marketing Director. Previously he has acted in expert and leading positions in finance and service sector in Finland, Sweden and China. Before Asiakastieto Group he acted as Regional Director at If P&C Insurance. He holds a LL.M. degree from University of Lapland. He is a Finnish citizen.

Esa Kumpu

Esa Kumpu

Director, Customer Management

Esa Kumpu (born 1964) has been an Executive Team Member since 1.10.2016, and he acts as Head of Customer Management services. He has previously acted e.g. as Business Director of the Customer Marketing unit at Fonecta Oy and as CEO at Intellia Oy. He has a Diploma in Business and Administration. He is a Finnish citizen.

Jouni Muhonen

Jouni Muhonen

Director, Consumer Information

(born 1968) has been an Executive Team Member since 2013 and he joined Asiakastieto Group in 1998. He acts as Head of Customer Information services. Previously he has acted as Development Manager and Business Manager at Asiakastieto Group. He holds a LL.M. from University of Helsinki and a MBA degree from University of Jyväskylä. He is a Finnish citizen.

Pertti Vahermaa

Pertti Vahermaa

CIO, Quality Director

(born 1958) has been an Executive Team Member since 2008. He acts as CIO and Quality Director. He also currently serves as Chairman of the Board of ATK-Instituuttisäätiö and as Board member of SLK-säätiö. His previous positions include Head of IT at Nordic Investment Bank and Group Business CIO at Nordea Bank. He holds a M.Sc. (Eng.) from Helsinki University of Technology. He is a Finnish citizen.

Heikki Ylipekkala

Heikki Ylipekkala

Director, Real Estate and Collateral Information

(born 1967) has acted as an Executive Team Member since 15.12.2016. He is Director of Real Estate and Collateral Information services. His sphere of responsibility also includes new digitalized data services made possible by the digitalization of ownership data (e.g. housing companies and other unlisted limited companies). Before Asiakastieto, he was in charge of several different business areas in 2006 – 2015 while acting in the executive teams of Finland’s and Sweden’s national central securities depositories (Euroclear Finland and Euroclear Sweden). He holds a B.Pol.Sc. degree from University of Helsinki and an eMBA degree from Aalto University. He is a Finnish citizen.

Holdings of Management and Board of Direcotors

Information on the security holdings of the public insiders and their family members is shown in Table of the insiders.