Fondia Plc

Company release              

13.3.2024 at 12.00 p.m.

Fondia Plc has today transferred without consideration a total of 2,270 treasury shares held by the company to 30 persons who have participated in the company's Employee Share Savings Plan (ESSP) during the savings period 2021-2022. The transfer of shares is based on the terms and conditions of the ESSP.

Information on the ESSP 2021-2022 has been published by a company release on 17 December 2020. During the savings period 2021-2022, the company's employees who participated in the ESSP saved EUR 50-300 per month from their salary, and the accumulated savings were used to acquire Fondia Plc shares for the participants at market price after the publication of the company's 2021 Half-yearly Financial Report and Financial Statements Release. Participants have now been granted one additional share (before taxes) free of charge for every two savings shares acquired after the end of the savings shares' holding period on 29 February 2024.

The issue of shares by way of a directed share issue free of charge is based on the authorisation granted to the Board of Directors by the Fondia Annual General Meeting of 23 March 2023.

After the transfer, the company holds 147,404 treasury shares.

Fondia Plc

For further information, please contact:

CEO Harri Savolainen

tel. +358 40 774 2099

Certified Adviser Aktia Alexander Corporate Finance Oy

tel. +358 50 520 4098

Fondia in brief

Fondia solves the legal needs of companies by combining the best services from internal legal departments and law firms. Fondia operates in Finland, Sweden, Estonia, and Lithuania, and the Group's net sales in 2023 were EUR 26.1 million. Fondia employs over 190 people.

www.fondia.com

Distribution:
Nasdaq Helsinki Ltd
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