Huhtamaki has appointed Thomas Morin as President, Fiber Packaging and member of the Global Executive Team, effective September 1, 2026. He will report to President & CEO Ralf K. Wunderlich and will be based in Espoo, Finland. This leadership change is intended to strengthen the strategically important Fiber Packaging segment and drive profitable growth.

Morin succeeds Sara Engber, who was appointed President, North America, in March 2026. He joins Huhtamaki from TC Transcontinental, where he served as CEO and, prior to that, as President of the TC Transcontinental Packaging Division since 2019. He brings more than 25 years of global leadership experience in the packaging industry across North America, Asia-Pacific, Europe, the Middle East and Africa at TC Transcontinental, Amcor, Alcan and Pechiney.

Ralf K. Wunderlich, President & CEO of Huhtamaki, expressed confidence in the new appointment, citing Morin's extensive executive leadership experience and track record of delivering profitable growth. Wunderlich also thanked Sara Engber for successfully leading the Fiber Packaging segment and ensuring very strong performance.

"I am excited to join Huhtamaki and lead the Fiber Packaging segment at an important stage in its development," said Thomas Morin. He highlighted the increasing importance of fiber-based packaging in meeting evolving customer needs and noted Huhtamaki's strong position in this market.

Following the appointment, the members of Huhtamaki’s Global Executive Team include Ralf K. Wunderlich (Chair), President and CEO; Fredrik Davidsson, President, Foodservice Packaging; Sara Engber, President, North America; Thomas Geust, Chief Financial Officer; Axel Glade, President, Flexible Packaging; Katariina Kravi, Executive Vice President, Human Resources, Safety and Communications; Thomas Morin, President, Fiber Packaging (as of September 1, 2026); Riikka Tieaho, Executive Vice President, Sustainability, Corporate Affairs and Legal; and Changsheng Wu, Executive Vice President, Procurement.

Promoter Huhtavefa B.V. has confirmed its aggregate shareholding in Huhtamaki India Limited stands at 67.73% as of March 31, 2026. The disclosure, submitted to the stock exchanges, details the promoter's voting rights and equity share count at the end of the financial year. This filing is mandatory under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to ensure transparency in ownership structures of listed entities.

The filing states that Huhtavefa B.V. holds 51,153,997 equity shares, which constitute the majority stake in the company. The confirmation explicitly notes that the promoter, along with persons acting in concert, has not created any encumbrance on this shareholding during the financial year. This indicates that the shares have not been pledged or used as security to secure any borrowings or obligations.

The disclosure was signed by Tom Erander, Director, and Aino Kyytsonen, Authorized representative, on behalf of Huhtavefa B.V. The document was addressed to Huhtamaki India Limited, BSE Limited, and National Stock Exchange Limited to fulfill regulatory compliance requirements.

Shareholding Details

The confirmation provides shareholders with updated data regarding the promoter's commitment and the stability of the company's ownership structure heading into the new financial year.