Glaston Oyj Abp ("Glaston" or the "Company") has today, on the combination date 22 April 2025 as previously announced, executed the reverse share split of the Company's shares, i.e., the reduction of the number of shares. The reverse share split included a directed share issue without consideration, the redemption of shares, and the cancellation of the redeemed shares. After these measures, the new number of outstanding shares in the Company is 42,145,805. The new total number of shares was registered today, on 22 April 2025, into the Trade Register maintained by the Finnish Patent and Registration Office, and trading with the new total number of shares will commence on Wednesday, 23 April 2025, with the new ISIN code FI4000587340. Glaston's trading code GLA1V remains unchanged.

The Annual General Meeting of the Company decided on 16 April 2025 to merge the Company's shares and on the related share redemption so that after the consolidation, each two (2) shares of the Company correspond to one (1) share of the Company. In connection with the reverse share split, the Board of Directors of the Company decided today based on the authorization granted by the Annual General Meeting to execute a directed share issue without consideration, in which the Company issued a total of 1,699 new shares free of charge so that the number of shares held in each book-entry account holding shares of the Company was made divisible by two (2). The total market value of the shares issued free of charge at the closing of trading on 22 April 2025 was approximately 1,152 euros.

Immediately after the directed share issue without consideration, the Company redeemed one share for every two shares of the Company without consideration in accordance with the decision of the Annual General Meeting, i.e., a total of 42,145,805 shares. The redeemed shares were immediately cancelled.

The purpose of the reverse share split is to increase the value of an individual share, to improve the trading conditions of the Company's shares, and to increase flexibility in the event of possible distribution of funds. The procedure is described in more detail in Glaston's stock exchange release published on 16 April 2025 regarding the decisions of the Annual General Meeting.

GLASTON CORPORATION
Board of Directors

Glaston Corporation
Kaisa Latva, General Counsel
Tel. +358 10 500 500

Glaston in brief
Glaston is the glass processing industry's innovative technology leader supplying equipment, services and solutions to the architectural, mobility, display and solar industries. The company also supports the development of new technologies integrating intelligence to glass.

Glaston is committed to providing its clients with both the best know-how and the latest technologies in glass processing, with the purpose of building a better tomorrow through safer, smarter, and more energy efficient glass solutions. Glaston operates globally with manufacturing, services and sales offices in nine countries and its shares (GLA1V) are listed on Nasdaq Helsinki Ltd.

Distribution: NASDAQ Helsinki Ltd, Key Media, www.glaston.net