Multitude Achieves Board Diversity Milestone Ahead of Schedule

Helsinki, 29 May 2024 – Multitude SE has surpassed its 2025 diversity target for its Board of Directors, achieving 50% female representation as of 25 April 2024. This aligns with the company's commitment to diversity and inclusivity as part of its ESG strategy.

The Annual General Meeting confirmed six Board members: Goutam Challagalla, Jorma Jokela, Kristiina Leppänen, Lea Liigus, and Ari Tiukkanen. Marion Khüny was elected as a new member and Chairperson of the Risk Committee. CEO Jorma Jokela expressed delight at her appointment, citing her extensive finance and governance background.

Marion Khüny, bringing over 30 years of senior financial experience, joins from notable supervisory board roles at Valiant Holding AG and Erste Group Bank AG. She emphasized the importance of financial stability and risk management at Multitude.

This achievement aligns with the EU directive aiming for 40% gender balance on company boards by 2026. Multitude now exceeds this with 50% female representation. The company also participates in the EU's Diversity & Inclusion Month in 2024.