eQ (EQV1V) Status update summary

CEO appointment

• Jouko Pölönen appointed CEO and will assume the role no later than 5 November 2025; interim CEO Janne Larma continues until then.

• Pölönen is recognized for open-mindedness, customer focus and growth orientation.

Professional background and credentials

• Pölönen holds an MSc in Economics, is a certified public accountant and has an eMBA.

• He served as Ilmarinen CEO from 2018 to 2025; earlier roles included Head of Banking at OP Financial Group and executive positions at OP and Pohjola.

• His board positions include Nokian Renkaat and the Finnish Foundation for Share Promotion.

Strategic priorities

• Pölönen sees potential for profitable growth by serving institutions, family offices and more private investors with wealth management products and services.

• Board Chair Georg Ehrnrooth said recent financial performance had not met targets, but fundamentals for a turnaround were in place.