Miko Niinemäe, Chairman of the Board at Arco Vara is to leave the company, and the Supervisory Board has begun searching for a new board member, who will take over the leadership by the end of the year at the latest. Miko Niinemäe, who joined Arco Vara in 2017 and was elected as the company's CEO in 2020, said he can leave with peace of mind. Arco Vara confirms that the departure of the CEO will not affect Arco Vara's strategy, and the plan to pay dividends and grow the company under experienced leadership remains valid.