LINDEX GROUP plc, Other information disclosed according to the rules of the Exchange, 17.7.2025 at 11:15 EEST

Lindex has decided on a directed share issue of 2,306,171 new shares in accordance with its restructuring programme; the Company files a listing application

The directed share issue
Lindex Group plc's ("Lindex" or the "Company") Annual General Meeting resolved on 2 April 2025, in accordance with the terms of the Company's restructuring programme approved by the Helsinki District Court on 9 February 2021 (as amended, the "Restructuring Programme"), to authorize the Board of Directors of the Company to decide on the directed issuance of at most 4,000,000 new shares of the Company to the creditors of conditional and disputed debts as well as the creditors of restructuring debt that will be determined later during the Restructuring Programme, to enable conversion of parts of their receivables into shares in the Company.

On 9 June 2025, the Company announced that it had reached a settlement with LähiTapiola Keskustakiinteistöt Ky regarding the last disputed claim related to its restructuring process, and on 27 June 2025, that the related amendment to the Restructuring Programme had been approved. The Company has also initiated measures to end the Restructuring Programme.

The Company's Board of Directors has today on 17 July 2025 decided, in accordance with the Restructuring Programme and pursuant to the authorization granted by the Annual General Meeting, to issue 2,306,171 new shares in the Company (the "Conversion Shares"), in deviation from the shareholders' pre-emptive subscription rights to fulfil obligations under the Restructuring Programme (the "Share Issue"), and approved the subscription made by LähiTapiola Keskustakiinteistöt Ky in the Share Issue.

The subscription price in the Share Issue was EUR 0.9106 per share, which has been paid by setting off restructuring debt in accordance with the Restructuring Programme. As a result of the Share Issue, the total number of shares in the Company will increase by 2,306,171 shares to a total of 164,041,391 shares.

Registration and listing of the shares
The Conversion Shares will be registered in the Finnish Trade Register on or about 21 July 2025 and recorded on the book-entry account of the subscriber on or about 23 July 2025. The Conversion Shares will, as of their registration in the Finnish Trade Register and recording on the book-entry account of the subscriber, confer the same rights as the Company's other shares.

Lindex will today also submit an application for the Conversion Shares to be admitted to trading on the official list of Nasdaq Helsinki Ltd. Trading with the Conversion Shares is expected to commence on or about 23 July 2025 under the trading code "LINDEX".

LINDEX GROUP plc

Susanne Ehnbåge
CEO

Further information:
Jukka Naulapää, Chief Legal Officer, tel. +358 9 121 3850

Distribution:
Nasdaq Helsinki
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