Huhtamäki Oyj (Huhtamaki) has defined members of the Board of Directors and members of the Group Executive Team (including the President and CEO) as persons discharging managerial responsibilities in accordance with the Market Abuse Regulation ((EU) No 596/2014). The managers’ holdings of shares are presented in the below table. The table is updated in the beginning of each month based on the the notifications regarding managers' transactions.

 

Board of Directors

  Ownership as of December 31, 2020 Change, last 12 months
Mr. Pekka Ala-Pietilä 3,250 0
Mr. Doug Baillie 1,000 0
Mr. William R. Barker 0 0
Ms. Anja Korhonen 1,000 0
Ms. Kerttu Tuomas 3,000 +1,000
Ms. Sandra Turner 1,000 0
Mr. Ralf K. Wunderlich 16,350 0

 

Global Executive Team

  Ownership as of December 31, 2020 Change, last 12 months
Mr. Arup Basu 0 0
Mr. Clay Dunn 13,792 -5,000
Mr. Thomas Geust 16,000 -2,000
Mr. Charles Héaulmé 15,000 0
Ms. Thomasine Kamerling 0 0
Mr. Eric Le Lay 10,464 -36,153
Ms. Marina Madanat 0 0
Mr. Sami Pauni 5,375 0
Ms. Teija Sarajärvi 5,720 0
Mr. Antti Valtokari 0 0

 

Closed period

In accordance with the Market Abuse Regulation, members of the Board of Directors and members of the Group Executive Team of Huhtamaki are not allowed to conduct any transactions on their own account or for the account of a third party, directly or indirectly, relating to Huhtamaki's shares or other financial instruments during a closed period of 30 calendar days before the announcement of each interim, half-yearly or year-end report.

In addition, Huhtamaki applies a specific restricted period on its employees who regularly receive information on the contents of the interim, half-yearly and year-end reports before their publication. During the restricted period of 30 calendar days before the announcement of each interim, half-yearly or year‑end report, the employees are recommended not to conduct any transactions relating to Huhtamaki’s shares or other financial instruments.