Incap Corporation: Vesa Mäkelä appointed as new President and CEO of Incap

Incap Corporation                               
Stock Exchange Release   23 August 2017 at 9.00 a.m. (EEST)       

VESA MÄKELÄ APPOINTED AS NEW PRESIDENT AND CEO OF INCAP

Mr Vesa Mäkelä, (born 1964, M.Sc. in Engineering and MBA), has been appointed President and CEO for Incap Corporation as from 1 December 2017. Vesa Mäkelä has previously served at GS-Hydro Group since January 2015 in Group Sales and Marketing and since March 2016 as Region VP, North and Central Europe. Before that he has held several managerial positions in Finland and abroad, among others at Konecranes, Valtra and Specma business units and in China.

Vesa Mäkelä was elected a member of Incap's Board of Directors in the Annual General Meeting held in April 2017 and he will continue in his role as the CEO also as a Board member until the next Annual General Meeting to be held in spring 2018.

Johan Ålander, Chairman of the Board: "I am pleased to welcome Vesa Mäkelä as the new CEO.  He has the experience and competence needed in the job, and he is also familiar with Incap's operations based on his work as a Board member."

INCAP CORPORATION

Further information:
Johan Ålander, Chairman of the Board of Directors, tel. +46702132618

DISTRIBUTION
Nasdaq Helsinki Ltd.
Principal media
www.incapcorp.com

INCAP IN BRIEF
Incap Corporation is an international contract manufacturer. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China, and the company currently employs approximately 520 people. Incap's share is listed on the Nasdaq Helsinki Ltd. as from 1997. Additional information: www.incapcorp.com.