Core Points - Suominen Corporation is launching a cost-saving program aimed at securing profitable growth and enhancing long-term competitiveness [1][2] - The program is expected to generate savings of approximately EUR 10 million over the next 24 months [3] - The initiative may impact up to 60 positions globally, pending local consultation procedures [3] Company Overview - Suominen manufactures nonwovens as roll goods for wipes and other applications, with a vision to lead in nonwovens innovation and sustainability [4] - In 2024, Suominen reported net sales of EUR 462.3 million and employs over 700 professionals across Europe and the Americas [4] - The company's shares are listed on Nasdaq Helsinki [4]

Company Announcement - Suominen Corporation will publish its Interim report for January 1 – March 31, 2025 on May 7, 2025 at approximately 9:30 a.m. (EEST) [1] - The presentation of the results will be conducted by Tommi Björnman, President & CEO, and Janne Silonsaari, CFO, in an audiocast and conference call on the same day at 11:00 a.m. (EEST) [2] - The audiocast can be accessed online, and a recording along with presentation materials will be available after the event [2] Company Profile - Suominen manufactures nonwovens as roll goods for wipes and other applications, aiming to be a frontrunner in nonwovens innovation and sustainability [3] - The company's net sales in 2024 were EUR 462.3 million, and it employs over 700 professionals in Europe and the Americas [3] - Suominen's shares are listed on Nasdaq Helsinki [3]