Oriola Corporation Stock Exchange Release - Major shareholder announcement
31 March 2022 at 1:45 p.m.

Correction: Oriola Corporation: Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 § 5

Oriola Corporation issued a stock exchange release on 31 March 2022 at 12:30 p.m. regarding Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 § 5. The English language version of the release was missing the date of the disclosure. The correct phrasing would have been: Oriola Corporation (business code 1999215-0) has on 30 March 2022 received a disclosure under Chapter 9, Section 5 of the Securities Markets Act, according to which Maa- ja vesitekniikan tuki ry has acquired all Oriola Corporation shares from its subsidiary Tukinvest Oy.

Below the corrected release as a whole:

Oriola Corporation: Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 § 5

Oriola Corporation (business code 1999215-0) has on 30 March 2022 received a disclosure under Chapter 9, Section 5 of the Securities Markets Act, according to which Maa- ja vesitekniikan tuki ry has acquired all Oriola Corporation shares from its subsidiary Tukinvest Oy. The acquisition is an internal transaction within the group that has no effect on the total number of Oriola's shares owned by the group.

Maa- ja vesitekniikan tuki ry's ownership of Oriola Corporation's shares and votes by share classes, according to the disclosure:

% of % of shares and Total Total number
shares and voting rights of of shares
voting through financial both and voting
rights instruments (total in % rights of
(total of B) (A+B) issuer
of A)
Resulting 2.22% of - 2.22% 181,486,213
situation on the shares of shares
date on 6.69% of shares 1,202,704,160
which threshold votes 6.69% votes
was crossed or of
reached votes
Positions of 1.91% of - 1.91%
previous shares of
notification 5.08% of shares
votes 5.08%
of
votes

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights:

Class/type of Number of Number of % of shares % of shares
shares ISIN code shares shares and voting and voting
and voting and voting rights rights
rights rights
Direct Indirect(SMA Direct (SMA Indirect(SMA
(SMA 9:5) 9:6 9:5) 9:6 and 9:7)
and 9:7)
FI0009014344(Oriola 4,025,358 2.22% of
A) shares shares
80,507,160 6.69 % of
votes votes
Total 4,025,358 2.22% of
shares shares
80,507,160 6.69% of votes
votes

Oriola Corporation's share capital comprises 181,486,213 shares, of which 53,748,313 are A-shares and 127,737,900 B-shares. Each A-share entitles its holder to twenty (20) votes and each B-share to one (1) vote. The total number of votes is 1,202,704,160.

Oriola Corporation

Sari Pohjonen
CFO

Further information:

Petter Sandström
General Counsel
tel. +358 10 429 5761
e-mail: petter.sandstrom@oriola.com

Tuula Lehto
VP, Communications and Sustainability
tel. +358 40 5885 343
email: tuula.lehto@oriola.com

Distribution:
Nasdaq Helsinki Ltd
Key media

Released by:
Oriola Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola.com