Corporate Governance Changes - Heiner Olbrich announced his resignation as Chair of Harvia Plc, effective from the Annual General Meeting in April 2026, and Catharina Stackelberg-Hammarén has been elected as the new Chair [1] - Markus Lengauer has been elected as the new Deputy Chair of the Board [1][2] - The Board Committees have undergone changes, with Stackelberg-Hammarén serving as Chair of the Personnel and Remuneration Committee [2][3] Company Overview - Harvia is a leading company in the global sauna market, recognized for its well-known brands and comprehensive product portfolio [4] - The company reported a revenue of EUR 175.2 million in 2024 and employs approximately 700 professionals across various countries [5]

Core Insights - Harvia Plc has appointed Nathan Hagemeier as Head of Region, North America and President of Harvia US Inc., effective November 1, 2025, to lead the North American commercial organization and drive sustainable growth in the region [1][4] Group 1: Leadership and Experience - Nathan Hagemeier brings over 20 years of experience in global markets, with a strong background in technical products and solutions for residential and commercial use [2][3] - Prior to joining Harvia, Hagemeier held executive roles at DMF Lighting, Lutron, and Lonestar Electrical Supply, showcasing his capability in driving commercial excellence [3][4] Group 2: Strategic Importance - North America is identified as Harvia's largest market area and a key priority in the company's growth strategy, emphasizing the importance of Hagemeier's leadership in this region [4] - The appointment is expected to strengthen Harvia's market position and enhance the development of the company's business and organization in North America [4] Group 3: Company Overview - Harvia Plc reported a revenue of EUR 175.2 million in 2024 and employs approximately 700 professionals across various countries, including the United States and Finland [9] - The company is recognized as a leading player in the global sauna market, with a comprehensive product portfolio catering to both private and professional customers [8][9]