The Board of Directors of Norrhydro Group Plc (the “Company”) has today, 8 May 2026, resolved to amend the terms and conditions and maturity date of the EUR 1.5 million convertible bond issued by the Company on 28 December 2023 and originally due on 31 December 2026 (the “Convertible Bond”).

The Board of Directors has resolved, pursuant to the noteholders’ prior consent, to amend the maturity date of the Convertible Bond such that each note with a nominal value of EUR 100,000 (“Note”) carries its own individual maturity date as follows: Notes 1, 9, 10, 11, 12 and 13 mature on 31 December 2026, Notes 2, 3, 4, 5 and 14 mature on 31 December 2027, and Notes 6, 7, 8 and 15 mature on 31 December 2028. Consequently, the subscription period, during which the noteholder is entitled to convert the Note into shares in the Company, is extended so that the subscription period ends on the day preceding the maturity date of each Note as set out above. In addition, other technical and clarifying amendments and updates have been made to the terms of the Convertible Bond.

The revised terms of the Convertible Bond are attached to this release as Annex 1.

NORRHYDRO GROUP PLC
BOARD OF DIRECTORS

Further enquiries:

Yrjö Trög

CEO

Norrhydro Group Plc

Tel. +358 400 291 229

yrjo.trog@norrhydro.com

Certified Adviser:

Translink Corporate Finance Ltd

Jari Lauriala, Managing Partner

Tel. +358 40 091 8855

jari.lauriala@translinkcf.fi

Sami Miettinen, Partner

Tel. +358 400 735 835

sami.miettinen@translinkcf.fi

Distribution:

Nasdaq Helsinki Oy
Key media
https://www.norrhydro.com/en