Press release 30 April 2024 at 12.00 p.m. EEST

Mandatum plc announced on 11 December 2023 that the company has decided to merge its wholly-owned subsidiary Mandatum Holding Ltd into Mandatum plc, by way of a subsidiary merger, in accordance with the Finnish Companies Act. The background for the merger decision was the simplification of Mandatum's group structure.

As planned, Mandatum Holding Ltd has merged into Mandatum plc on 30 April 2024. The merger has no impact on Mandatum Group's business operations.

Additional information:

Investor enquiries:

Lotta Borgström

VP, Investor Relations

Tel. +358 50 022 1027

lotta.borgstrom(a)mandatum.fi

Media enquiries:

Niina Riihelä

SVP, Communications, brand and sustainability

Tel. +358 40 728 1548

niina.riihela(a)mandatum.fi

Mandatum in brief

Mandatum is a major financial services provider that combines expertise in in wealth management and life insurance. Mandatum offers customers a wide array of services covering asset and wealth management, savings and investment, compensation and rewards, pension plans and personal risk insurance. Mandatum offers services to corporate customers, retail customers as well as institutional and wealth management customers.  At the center of Mandatum's success are highly skilled personnel, strong brand, and investment track record.

mandatum.fi/group (https://www.mandatum.fi/en/group)