John Peter Leesi appointed Chief Executive Officer of Purmo Group

Purmo Group’s Board of Directors has appointed John Peter Leesi (born 1961) as the new
Chief Executive Officer of Purmo Group. He will start in his new role on 1 July 2020 and
report to Tomas von Rettig, Chairman of the Board of Purmo Group.

John Peter, a UK-based Swedish national, has worked as CEO and President of Munters,
the global leader in energy efficient air treatment and climate solutions. Before that, he was
CEO and President of Luvata, formerly known as Outokumpu Copper Products. John Peter
began his professional career at Ericsson.

“Purmo Group is a strong and attractive business already today, but at the same time we
see significant potential for further improvements, especially in terms of operational
excellence. I would like to thank Perttu Louhiluoto for his excellent work in building the new
Purmo Group as we know it today, from having historically been an integrated part of Rettig
Group. The company is now in a good position to transition to the next level to become a
best-in-class company under the leadership of John Peter Leesi. I am pleased to welcome
John Peter, who has a vast amount of relevant industrial and leadership experience and a
strong track record in performance improvement”, said Tomas von Rettig.

“I am excited to start as CEO of Purmo Group, the European leader in sustainable indoor
climate comfort solutions. Purmo Group’s addressable market is consolidating and there are
interesting growth opportunities brought by digitalisation and in energy efficient systems for
heating, ventilation and air conditioning. I look forward to working together with Purmo
Group’s leadership team and employees to together realise the full potential of Purmo
Group”, said John Peter Leesi.

John Peter Leesi succeeds Perttu Louhiluoto who has been Purmo’s Chief Executive
Officer since November 2017.

Purmo Group is majority-owned by Rettig Group Ltd.

Further information
Tomas von Rettig, Chairman of the Board of Directors of Purmo Group
Tel. +358 40 7455276
E-mail: rettiggroup@rettig.fi

Curriculum Vitae

Curriculum Vitae
Name: John Peter Leesi
Born: 1961
Nationality: Swedish citizen

University of Stockholm: Bachelor of Business Administration with Advanced studies in
International Finance
Thunderbird University/Ericsson Academy: Mergers & Acquisitions and Alliances
Svenska Civilekonomföreningen: Certificate in Business and Financial Control
Kungliga Sjökrigsskolan in Näsby Park: Intelligence Officer in the Swedish Marines (Reserve

Current assignments:
Incell International Group, Board member: Incell International Group is a provider of smart
lithium-based power backup solutions for the global telecommunications market.
Agraria Inc., Advisory Board member: Agraria Inc is a newly started business for sustainable
flooring products in a green-field manufacturing site in Georgetown, Guyana.
Private Equity Funds, Advisor: Project based advisory with Private Equity Firms.

Professional background:
2018 – 2019
Strategic Advisor to Munters and Nordic Capital
2014 – 2018
CEO and President, Munters Group
2014 – 2017
Chairman of the Board, Luvata Oy
2012 – 2015
Chairman of the Board, Munters AB
2005 – 2014
CEO and President, Luvata Group
2001 – 2005
CFO, Corporate Vice President and Head of Strategy, Legal, IS/IT and IPR – Sony Ericsson
Mobile Communications
2000 – 2001
CFO and Vice President Business Control and Strategic Planning – Ericsson Consumer
1998 – 2000
CFO and Vice President Business Control – Market Area Europe, Middle east and Africa,
1997 – 1998
CFO and Vice President Business Control – Business Area Infocom Systems, Ericsson
1989 – 1997
Various Controller roles, Ericsson
1983 – 1989
Various back-office and trading roles, Svenska Handelsbanken