Slide 1: Shaping our future
Shaping our future December 4, 2019 ⓒ Fiskars Group. 4.12.2019 1
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements that reflect management’s current views with respect to certain future events and potential financial performance. Although Fiskars Group believes that the expectations reflected in such forward- looking statements are reasonable, no a
Slide 3: Our announcement today
Our announcement today As the business Simplifying the Restructuring Program Changes in the Fiskars environment continues organization and to target annual net cost Group Leadership Team to evolve, we are completing the integration savings of appr. positioning the company into one company with a EUR
Slide 4: Why the proposed changes?
Why the proposed changes? SUSTAINABLE FUTURE SIMPLICITY GROWTH We are As the business simplifying our By increasing our environment continues structure to focus on the efficiencies we are to change, we shape consumer and respond to ensuring opportunities our own future their needs faster than to inv
Slide 5: Proposed organization structure
* Planning leads for the Proposed organization structure respective business or function President & CEO JAANA TUOMINEN JO HAN Sales HEDBERG * Business Area Business Area Business Area JAAN A Consumer Experience & Growth T UO M INEN* RIST O Supply Chain G AG G L* VITA TERRA CREA SARI Finance & IT PO
Slide 6: Planned new Business Areas responsible for driving business results
Planned new Business Areas responsible for driving business results VITA TERRA CREA • BA Vita is a world leader in premium • BA Terra to consist of garden, watering, and • BA Crea would bring together activities tableware and interior design and would outdoor categories, with the global reach, that
Slide 7: Building one Sales and one Consumer Experience & Growth function
Building one Sales and one Consumer Experience & Growth function • The global Sales function would integrate our sales into one global function, streamlining the organization, developing common ways of working and continuing to build long-term strategic relationships with our customers. The sales fu
Slide 8: Restructuring Program
Restructuring Program The Restructuring Program The savings are expected to come from a wide range of areas, including the removal of overlaps in the organization, simplified processes and ways of working, and reduction of workforce is aimed at reducing costs As part of the program, we will look for
Slide 9: Fiskars Group Leadership Team, effective immediately
Fiskars Group Leadership Team, effective immediately JAANA TUOMINEN SARI POHJONEN TINA ANDERSSON CHRISTI AN BACHLER RISTO GAGGL President & CEO Chief Financial Officer Chief Consumer Officer (starting in EVP Chief Supply Chain Deputy to the CEO May 2020 at the latest) Officer JOHAN HEDBERG TUOMAS HY
Slide 10: Planned Reporting Structure (as of Q1/2020)
Planned Reporting Structure (as of Q1/2020) PRIMARY REPORTING VITA TERRA CREA OTHER SEGMENTS SECONDARY REPORTING Americas SEGMENTS Europe Asia-Pacific ⓒ Fiskars Group. 4.12.2019 11
Slide 11: Making the everyday extraordinary
Making the everyday extraordinary ⓒ Fiskars Group. 4.12.2019 12