Elcoteq SE Stock Exchange Release February 7, 2007 at 8.15 am (EET) PROPOSAL BY ELCOTEQ'S NOMINATION COMMITTEE TO THE ANNUAL GENERAL MEETING ON THE ELECTION OF BOARD MEMBERS The Nomination Committee of Elcoteq SE's Board of Directors will propose to the Annual General Meeting on March 22, 2007 that all current seven Board members be re-elected. The Board may have at least four and at most eight members according to the company's Articles of Association. Board members are elected for a one- year period until the end of the following Annual General Meeting. Elcoteq SE's Board of Directors currently comprises President Martti Ahtisaari; Mr Heikki Horstia, Vice President, Treasurer of Wärtsilä Corporation; Mr Eero Kasanen, Rector of the Helsinki School of Economics; Mr Antti Piippo, principal owner and founder-shareholder of Elcoteq SE; Mr Henry Sjöman, founder-shareholder of Elcoteq SE; Mr Juha Toivola, Director; and Mr Jorma Vanhanen, founder- shareholder of Elcoteq SE. All the aforesaid individuals have given their consent to their re-election. ELCOTEQ SE Reeta Kaukiainen Director, Communications and Investor Relations About Elcoteq: Elcoteq SE is a leading electronics manufacturing services (EMS) company with original design manufacturing (ODM) capabilities in the communications technology field. Elcoteq provides globally end-to-end solutions consisting of design, NPI, manufacturing, supply chain management and after-sales services for the whole lifecycle of its customers' products. These products include terminal products such as mobile phones and set-top boxes as well as communications network equipment such as base-stations, tower-top amplifiers and microwave systems. The company operates on four continents in 16 countries and employs approximately 23,000 people. Elcoteq's consolidated net sales for 2005 totaled MEUR 4.2 billion euros. Elcoteq SE is listed on the Helsinki Stock Exchange. More information: www.elcoteq.com.
PROPOSAL BY ELCOTEQ'S NOMINATION COMMITTEE TO THE ANNUAL GENERAL MEETING ON THE
| Source: Elcoteq