SPINNOVA PLC, COMPANY RELEASE, 14 March 2024, 08:15 a.m. EET

Spinnova's Financial Statements 2023 have been published

Spinnova's Financial Statements 2023 have been published. The document includes the audited financial statements, the Board of Directors' report, the corporate governance statement, the remuneration report and the auditor's report.

The publication is attached to this release and is available on the company's website https://spinnovagroup.com/reports/

The Annual Review and Sustainability Report for 2023 will be published approximately during week 16.

No printed copies of the reports will be made available.

Spinnova Plc

For further information, please contact:
Virva Vesanen, Head of Investor Relations
Tel. +358 20 703 2430
ir@spinnova.fi

Certified advisor:
Aktia Alexander Corporate Finance Oy
Tel. +358 50 520 4098

Distribution:
Nasdaq Helsinki
Major media

SPINNOVA - Sustainable textile materials, naturally

Spinnova transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough patented technology for making textile fibre out of wood or waste, such as leather, textile or agricultural waste, without harmful chemicals.

The SPINNOVA® fibre creates zero side streams or microplastics, and its CO2 emissions and water use are minimal. SPINNOVA® materials are quickly biodegradable and circular. Spinnova is committed to using only sustainable raw materials such as FSC certified wood and waste. SPINNOVA® fibre is produced without harmful or complex chemical processes, and has the touch and feel of natural fibres such as cotton and linen.

Spinnova has received awards from e.g. the Fast Company, ISPO, Scandinavian Outdoor, ANDAM, Monocle and Marie Claire UK.

Spinnova's shares (SPINN) are listed on the Nasdaq First North Growth Market Finland.

SPINNOVA® home: www.spinnova.com
Corporate & IR site: www.spinnovagroup.com