Pihlajalinna Plc         Stock Exchange Release         18 June 2025 at 1:00 p.m. EET

Pihlajalinna starts repurchasing own shares

The Board of Directors of Pihlajalinna Plc has decided to start repurchasing the Company's own shares on the basis of the authorisation given by the Annual General Meeting on 24 April 2025. The share repurchase shall start on 19 June 2025 at the earliest, and end by 19 September 2025, at the latest. The shares shall be repurchased for the purposes of the Group's incentive programme and the annual remuneration of the members of the Board of Directors.

The maximum number of shares to be acquired is 120,000, corresponding to 0.53 per cent of the total number of shares. The maximum amount to be allocated for the repurchase is EUR 1.7 million. The shares shall be acquired in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. Own shares shall be repurchased with funds from the Company's unrestricted shareholders' equity.

The AGM held on 24 April 2025 authorised the Board of Directors to decide on the repurchase of a maximum of 2,260,000 of the Company's own shares, corresponding to approximately 10 per cent of all shares of the Company, in one or several instalments.

The total number of shares in Pihlajalinna Plc is 22,620,135. At the moment, Pihlajalinna Plc has 32,834 own shares.

Pihlajalinna Plc

Further information:

Tuula Lehto, Executive Vice President, Communications and Sustainability
tel. +358 40 588 5343, tuula.lehto@pihlajalinna.fi

Distribution:

Nasdaq Helsinki
Major media
investors.pihlajalinna.fi