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Change in Spinnova Plc’s Management Team: Shahriare Mahmood to leave his position

SPINNRegulatory press release21.07.2026 klo 12.30
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Spinnova PLC | Company Release | 21 July 2026, 12:30 PM EEST

Spinnova Plc’s Chief Product and Sustainability Officer and member of the Management Team Shahriare Mahmood has decided to leave his position with the company.

Mahmood has served as a member of Spinnova’s Management Team since 2021. Shahriare Mahmood will continue in his current role during his three-month notice period.

“I would like to thank Shahriare for his contribution to Spinnova’s development. Shahriare has played an important role in advancing our product and sustainability work, and we wish him all the best for the future,” says Spinnova’s CEO Janne Poranen.

Spinnova Plc

For further information, please contact:
Janne Poranen, CEO
Tel. +358 20 703 2430
janne.poranen@spinnova.fi

Certified advisor:
Aktia Alexander Corporate Finance Oy
Tel. +358 50 520 4098

Distribution:
Nasdaq Helsinki
Major media

Spinnova – The textile material innovation 

Spinnova technology transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough patented technology for making textile fibre out of wood pulp or waste, such as leather, textile or agricultural cropping waste, without harmful chemicals or dissolving. 

Spinnova technology creates no side streams in the fibre production process, and SPINNOVA® fibre has minimal CO2 emissions and water use, as well as being biodegradable and recyclable. Spinnova technology uses a mechanical process, giving the fibre the look and feel of a natural cellulosic fibre such as cotton.

Spinnova’s shares (SPINN) are listed on the Nasdaq First North Growth Market Finland. 

SPINNOVA® home: www.spinnova.com
Corporate & IR site: www.spinnovagroup.com