Relais Group Oyj: Relais Group Plc: 10 largest shareholders after the completion of the Initial Public Offering

The ten largest registered shareholders of Relais Group Plc (the "Company") and their shares of ownership after the completion of the Initial Public Offering are shown in the table below (source Euroclear Finland Ltd, October 21, 2019).

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Shareholder Number of Percentage of Shares and Votes[1]
Shares
6,328,800 39.0
1. Ari Salmivuori
4,375,350 27.0
2. Nordic Industry Development
AB
462,949 2.9
3. Finnish Industry Investment
Ltd
453,200[2] 2.8[2]
4. Ajanta Oy
440,463 2.7
5. Ilmarinen Mutual Pension
Insurance Company
396,813 2.4
6. Elo Mutual Pension
Insurance Company
292,200 1.8
7. Kari Stadigh
195,761 1.2
8.
Pensionsförsäkringsaktiebolaget
Veritas
174,800 1.1
9. Ville Mikkonen
150,972 0.9
10. Rausanne Oy
Ten largest registered 13,271,308 81.9
shareholders, in total
Other shareholders[3] 2,942,492 18.1
In total 16,213,800 100 %
[1 ]The Company has a single
series of shares, and each
share entitles its holder to
one vote in the General Meeting
of Shareholders of the Company.
[2 ]Including 443,250 shares
which Ajanta Oy purchased from
Nordic Industry Development AB
pursuant to a call option on
October 3, 2019. As at the date
of this release, the transfer
of such shares to Ajanta Oy has
not been registered in the
shareholder register maintained
by Euroclear Finland Ltd. [3
]Out of other shareholders,
36,971 shares, representing 0.2
percent of shares and votes,
are nominee registered.

The ten largest registered shareholders of the Company and their shares of ownership before the Initial Public Offering are shown in the table below.

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Shareholder Number of Percentage of Shares and Votes[1]
Shares
6,328,800 46.8
1. Ari Salmivuori
4,375,350 32.4
2. Nordic Industry
Development AB[2 ]
1,718,200 12.7
3. Ajanta Oy[3 ]
292,200 2.2
4. Kari Stadigh
214,800 1.6
5. Ville Mikkonen
110,000 0.8
6. Lauri Pietarinen
90,800 0.7
7. Harri Hyrkkönen
90,800 0.7
8. Esa Mäkinen
62,050 0.5
9. JG Management
AB[4]
44,300 0.3
10. Entrada Oy[5]
Ten largest registered 13,327,300 98.7
shareholders, in total
Other shareholders 181,500 1.3
In total[6] 13,508,800 100.0
[1 ]The Company has a
single series of
shares, and each share
entitles its holder to
one vote in the
General Meeting of
Shareholders of the
Company. [2] Jesper
Otterbeck owns
indirectly 50 percent
of Nordic Industry
Development AB. [3]
Ajanta Oy is
controlled by Ari
Salmivuori. [4] JG
Management AB is
controlled by Juan
Garcia. [5] Entrada Oy
is controlled by Olli
-Pekka Kallasvuo. [6]
Including the
Company's treasury
shares.

Further information:

Relais Group Plc

Arni Ekholm, CEO

email: arni.ekholm@relais.fi

+358 40 760 3323

Certified Adviser:

Evli Bank Plc, tel. +358 40 579 6210

Relais Group in brief

Relais Group is an importer and technical wholesaler that actively develops its vehicle electrical equipment and spare parts business operations in the Nordic and Baltic countries. Relais creates added value for its customers by offering vehicle spare parts, electrical equipment and specialist services throughout the life cycle of vehicles in a reliable, efficient and timely manner. As a strongly growth-oriented company, Relais aims to be an industry forerunner in the vehicle life cycle enhancement business. The reported net sales of Relais Group amounted to EUR 72.5 million in 2018 and, illustrating the impact of Relais' acquisition of ABR and Huzells in May 2019, the pro forma net sales of Relais Group amounted to EUR 119 million in 2018. The company employs more than 260 people in five countries.

www.relais.fi