The negative impact of the coronavirus on the overall market conditions has been significant. For this reason, Martela is adjusting its operations to meet the rapidly changed circumstances and will temporarily lay off its personnel in Finland. The duration of the layoffs varies depending on the business area and work assignment, up to a maximum of 90 days. In addition to these layoffs Martela will adjust its operations also in other countries.

In addition to layoffs, Martela will continue to implement its previously announced EUR 4 million savings program and improve productivity.

Martela Corporation, Stock Exchange Release, March 13, 2020 at 16.30 p.m.

Martela Corporation's Annual General Meeting was held on Thursday, March 12, 2020. The Meeting approved the Financial Statements, discharged the members of the Board of Directors and CEO from liability for the year of 2019 and adopted Remuneration Policy for the Company’s governing bodies. The Board of Directors proposal that no dividend will be distributed was approved.

Martela Corporation, Stock exchange release, 7th February 2020, at 6.00 p.m.

In the invitation to the Annual General Meeting of the Shareholders there is incorrect date in the paragaraph C 1.

Incorrect sentence in the paragraph C 1 Shareholders registered in the shareholders’ register: “Each shareholder, who is registered on 1 March 2020 in the shareholders' register of the Company held by Euroclear Finland Ltd, has the right to participate in the Annual General Meeting.”

Notice is given to the shareholders of Martela Corporation to the Annual General Meeting to be held on 12 March 2020 at 3 pm at Martela -house, address Takkatie 1, 00370 Helsinki.

The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 2.30 pm.

A. Matters on the agenda of the Annual General Meeting

At the Annual General Meeting, the following matters will be considered:

1. Opening of the meeting