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Press release

Exel Composites awarded with first prize in the small cap category of the Best Investor Pages -competition

Exel Composites

EXEL COMPOSITES PLC      INVESTOR NEWS      1 FEBRUARY 2023 at 9:00 EET

Exel Composites was awarded the first prize in the small cap category of the Best Investor Pages -competition. Best Investor Pages is an annual competition arranged by the Finnish Foundation for Share Promotion and the Finnish Society of Financial Analysts that aims to improve the investor communications of companies listed on the Nasdaq Helsinki.

This year, the competition looked at the usability and visual appearance of the websites, and how the company communicates to investors in the following areas: strategy, growth, and profitability; financial objectives and historical performance; capital use and description of operational risks, and corporate governance and responsibility.

For further information, please contact:

Sanna Ahvenniemi, Head of Investor Relations

tel. +358 40864 3000

sanna.ahvenniemi@exelcomposites.com

Exel Composites in brief

At Exel Composites, we use over 60 years' experience to solve challenges and help customers save resources. Our forward-thinking composite solutions made with continuous manufacturing technologies serve customers in a wide range of industries around the world. You can find our products used in applications from wind power and transportation to building and infrastructure.

Our collaborative approach and global footprint set us apart from our competition. We use our expertise to help customers reduce weight, improve performance and energy efficiency and decrease total lifetime costs. We want to be the first choice for sustainable composite solutions globally.

Headquartered in Finland, Exel Composites employs approximately 700 forward-thinking professionals around the world and is listed on Nasdaq Helsinki. To find out more about our offering and company please visit www.exelcomposites.com.

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